We can help
reduce tax liabilities and plan for a
tax efficient future

Why Carrington Management

“My Accountant and Client Services Manager have been phenomenal. I am genuinely sincere when I say you guys have been awesome. You accompanied me through what was a very sharp, rapid ride. Thank you so much. It has been greatly appreciated.”

Rob Loates - Nov, 2009

Our clients are fully supported with many benefits – all designed to make contracting more rewarding. Some of these benefits include:

• Your own personal accountant
• We are fully HMRC compliant
• Increased NET INCOME through agreed HMRC Dispensation
• Same day CHAPS payments
• Special Dispensation re non taxable expenses
• SMS payment confirmation
• Instant and free to set up.
• Quick and regular payments.
• A simple weekly fee of £9.10*
• You only pay our fees while you are working.
• Free Professional Indemnity Insurance cover.
• No leaving fees or tie in clauses
• Pension advice
• Holiday Fund
• Free Online Discounts at Perkz.com - We are the Only Umbrella Provider that offers this benefit

How to Proceed

• Complete the application form online or phone our enquiry team.
• Our Clients Services Manager will contact you to welcome you on board
• We sign a contract with the agency.
• You sign an employment contract with us.
• We provide you with the electronic expenses claim form template

Ongoing

• You provide us with your timesheets and expenses via email/fax
• We invoice your agency.
• We receive cleared funds from your agency.
• We process your pay and you receive your money the SAME DAY, via CHAPS.
• We sms you the amount we have paid you and email you a pay slip.

How you are paid

You can choose to be paid weekly or monthly. All payments are made by same-day CHAPS.

Holiday Fund

It is a Legal requirement for all employees to have a Holiday Fund and thus it is a requirement for UK employers to pay a basic level of holiday pay, this includes those contractors working through an Umbrella Company.

It enables our contractors to take at least 4 weeks paid holiday each year, or financially survive any extended work absence due to illness. Once our client chooses to terminate their Umbrella Contract with us (to return to fulltime employment etc), we close their account, and pay the value of the fund to the contractor in their final salary payment.

This also helps our clients prepare for that nightmare scenario of an agency/client not paying on time, by keeping a reserve of their salary aside.

Additional Bank Fees

If you bank with one of the following major building societies we will not charge you bank transfer fees for same day payments, however if your bank is not on this list its probable you we will have to charge you an extra £7 processing fee per payment as the banks impose this charge on Carrington.

The banks that will not incur additional charges are:

• HSBC Bank Plc
• Alliance and Leicester Plc
• Barclays Bank Plc
• Most Citibank NA (Not All)
• Danske Bank Plc (Northern Bank)
• HBOS
• Lloyds TSB Bank Plc
• National Australia Group Europe Ltd (Yorkshire Bank and Clydesdale Bank)
• Most Nationwide Building Society's
• Northern Rock
• Royal Bank of Scotland Group

Please ask us if you are unsure whether you will incur this additional fee.

*Based on a basic rate tax payer. The net figure is variable due to the nature of your employment with Carrington.