Welcome to Alternet
Contractor umbrella companies for IT contractors
Umbrella company for contractors - submit your timesheets, claim expenses and Alternet will give you the best take home pay.Working with Alternet will provide you with a hassle free payroll service responsible for all your tax and social security liabilities.IR35, the diminished benefits of running Limited Companies, the head-ache of paperwork, and accountancy fees are just a few of the reasons most contracting individuals have now decided that the best way to work is through umbrella.
Benefits of using Alternet
- Increase disposable income up to 40%
- No set up or termination fees
- Fees paid only when working
- Inland Revenue compliant expenses reclaim
- Removal of administrative burden
- Service driven umbrella company
- No more visits from the taxman
Alternet has a generous expenses and dispensations package enabling you to considerably increase your net earnings.
Our contractors enjoy holiday and sick pay, a company pension, private medical benefits as well as independent financial advice. There are no set up costs and there is no minimum or termination fee.
Whether you are fed up with the headache of running a Limited Company, unhappy with your existing service company, or new to contracting, Alternet will offer the solution.
Work through Alternet Ltd and let us deal with all your PAYE administration.
Use our dispensations and expense policy to reduce your tax bill and increase your net earnings.
Take advantage of our employment benefits packages, retain your flexibility and security, and work in a tax efficient and cost effective manner
Composite companies have also been set up, with which a contracting individual is a shareholder as well as an employee, thereby giving the opportunity of paying part of remuneration through dividends to avoid some National Insurance. However, these individuals still found that they were caught by IR35, which has negated the benefit of Composite Companies, leaving the Inland Revenue open to penalise those whom they saw as evading tax or National Insurance.
Clearly the most efficient and safe and dependable way of working your contract is through an umbrella company, Composite companies or an employment management company. Working this way puts you on a company payroll system and takes away all worries about IR35, and concerns about Income Tax and National Insurance administration.
Umbrella companies or Composite companies will invoice the client, and then pay the contracting individual a salary, taking care of all Income Tax, Employers and Employees National Insurance considerations
For Further Information
- Alternet Guide to Limited Companies
- Alternet Guide to Umbrella Companies
- Alternet Guide to Contracting