Umbrella Company Boom
Which Umbrella Company?
Since April, when the Chancellor put in place his new Managed Service Company legislation we have noticed an increase in the number of people who have been reading our Umbrella Company information.
For instance our Which Umbrella Company article, which used to get about 20 reads a day now gets between 40 and 60 reads a day, with 69 people reading it on one day last week.
Flight to Safety
This could mean that there are more contractors now, but the numbers of IT Contractors can hardly have more than doubled in the last 5 months.
Obviously contractors are looking more and more at Umbrella Companies or perhaps they are changing over from the more dodgy MSCs to PAYE Umbrella Companies in a flight to safety.
Part of it, maybe, is because the article has risen in Google and is the highest ranked review of Umbrella Companies now. But that wouldn't explain such a rise.
Umbrella Companies Directory
We are also experiencing a big jump in the numbers of people reading our Umbrella Companies Directory which is getting 25-30 reads a day compared with half of that in April.
Contractors appear to be searching for more information on Umbrella Companies.
There's certainly something stirring in the market.
Company Set Up
IT Contractor now has now teamed up with long established Accountancy company Manager Group to set up a Company Set Up facility where IT Contractors can set up a limited company online for just £79 plus VAT. Indeed anyone setting up a limited company via this route will get a 25% discount on that price.
Since April, when the Chancellor put in place his new Managed Service Company legislation we have noticed an increase in the number of people who have been reading our Umbrella Company information.
For instance our Which Umbrella Company article, which used to get about 20 reads a day now gets between 40 and 60 reads a day, with 69 people reading it on one day last week.
Flight to Safety
This could mean that there are more contractors now, but the numbers of IT Contractors can hardly have more than doubled in the last 5 months.
Obviously contractors are looking more and more at Umbrella Companies or perhaps they are changing over from the more dodgy MSCs to PAYE Umbrella Companies in a flight to safety.
Part of it, maybe, is because the article has risen in Google and is the highest ranked review of Umbrella Companies now. But that wouldn't explain such a rise.
Umbrella Companies Directory
We are also experiencing a big jump in the numbers of people reading our Umbrella Companies Directory which is getting 25-30 reads a day compared with half of that in April.
Contractors appear to be searching for more information on Umbrella Companies.
There's certainly something stirring in the market.
Company Set Up
IT Contractor now has now teamed up with long established Accountancy company Manager Group to set up a Company Set Up facility where IT Contractors can set up a limited company online for just £79 plus VAT. Indeed anyone setting up a limited company via this route will get a 25% discount on that price.
Source...