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Umbrella Fees to Increase from January 2010

8th December 2009

We would like to thank you for your continued support during 2009. As always, it was a pleasure assisting those of you that have been with us for many years, as well as welcoming our new contractors to Carrington Umbrella.

It was a very busy year for us, we are positioned as well as ever in the market place for Umbrella Solutions and present the leading service offering for contractors in the form of same day payments, a dedicated personal team, expense dispensation, innovative tax seminars, no hidden fees, and best of all - minimal admin for you!

As it is nearing the start of a new year, we felt it necessary to reassess the structure of our business. Unfortunately the cost of providing this service to you has increased over the last year and we want to continue to offer you the same high quality, as well as continuing to make improvements which you will benefit from. Carrington have not reviewed our pricing during 2009, so after due consideration of the services we currently provide you, we find it appropriate to increase our weekly fees.

Our weekly fee has been £12.50, this will be increasing by £2.50 per week from January 2010 onwards, therefore a total fee of £15 per week gross will be deducted. This only equates to £9.10 per week net - that is what you actually pay us per week after tax.

This change will be effect from 11 January 2010 i.e. All weeks worked from the 11/01/10 onwards will be charged at this level. Any weeks worked before then will continue to be charged at £12.50.

We hope you understand our reasons for the increase, and we assure you this will not happen again for a long time to come.

Thank you for your continued support.

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