Benefits of Parasol's contractor services
At Parasol we know that contracting isn’t for the faint-hearted, there are no guarantees that the phone will ring and, let’s face it, nothing is predictable in this economic climate.
That said, it’s still a great career move for the 1.4 million people in the UK who enjoy the challenge, flexibility and financial rewards of freelancing. That’s why we go out of our way to offer the umbrella contractors we employ unrivalled support - and benefits that are second-to-none.
With Parasol you don’t have to spend your precious weekends poring over your business accounts because you know that they’re being expertly handled by our friendly, experienced contractor management team, who take care of every little last detail and give you total confidence that you are fully HMRC compliant.
We offer you a competitively priced, value-for-money service with no sneaky hidden costs or tie-in fees. In fact, if you look at what our employees tell us, you’ll see that many think we’re the best contractor company in the UK. Who are we to argue?!
Here is what we can do for you
- Expertise that’s second-to-none – over 100 skilled head office staff who are obsessive about excellent service and focused on getting you paid quickly and correctly.
- Real people on the phone – not only are they lovely and helpful, they’re on hand 24 hours a day, 7 days a week and they promise not to pass you around but to take responsibility for answering your query.
- Giving you the money – we run 4 payrolls each and every day and guarantee to pay you by BACS within 2 working days of receiving funds from your agency or end client. (Please remember BACS takes 3 working days to clear into your account).
- Ditch the daily paperwork – our easy-to-use online secure portal My Parasol is open 24/7 to submit your timesheets, claim expenses, keep track of contracts, invoicing, payroll and those all important payments.
- Claiming what’s yours – we’ll help you manage your tax and expenses, giving you the low-down on all allowed expenses and subsistence costs, including claiming for the costs of hardware.
- Competitive pricing – starting from £11.95* per week with no hidden fees and working on a “no timesheet no charge” basis.
- SMS messaging – the second your pay is on the way, we will text you to let you know.
- Everything is covered – we provide our employees with industry leading insurance: £8m Professional Indemnity, £10m Employers and £5m Public Liability. Plus, we’ve additional insurances available for those working in specific professions. Call us for details.
- Free independent financial advice - Parasol Money gives you impartial advice on mortgages, pensions and life assurance, so you can reap the benefits of choosing a contracting career, because when it comes to buying a home, planning for your future or organising insurance, we’re the experts.
- Listen and learn – participate in our online surveys and questionnaires so that you can influence how Parasol grows in the future. Some of the best ideas for improving our service have come from the people who use it. In return, we’ll keep you up to date with industry, product and legislative changes that could affect the way you work.
- Healthcare discounts – we offer an impressive 25% discount on BUPA Healthcare, 25% off BUPA Travel Insurance and 35% discount on WPA healthcare via Parasol Money.
- Free legal advice – provided exclusively for Parasol by Pannone LLP. Call 0800 988 7002 to find out more.
*Based on a higher rate tax payer paying tax at 40% and National Insurance at 11%

