The benefits of using Parasol NetpayXtra Umbrella Company are simple whether you're a long term or first time contractor. We offer you full peace-of-mind that your business accounts are being handled by friendly, experienced consultants, giving you the confidence that your business is fully HMRC compliant. Our competitively priced service is free from hidden costs or tie-in fees and provides a comprehensive "value for money" service.

Here’s how we help you

Reduce your daily Paperwork

  • Simple online system – file your timesheets, keep track of contracts, invoicing, payroll and most importantly payments. Access your account 24/7.

Get you paid on time

  • Daily payroll processing - with payment options for BACs, CHAPs and Advances. We guarantee to match and process your funds within two working days
  • Pay advance – Parasol ensures you are paid on time, even if your client is late paying us.
  • SMS messaging - lets you know when you’ve been paid keeping you up-to-date whilst you're on the road.

Manage your tax and expenses

  • Maximise your expenses – Parasol guides you on how to capitalize on your allowed expenses and subsistence costs; including working from home allowances. Our business  expenses guide tells you what you can claim for and how we do it for you.

Keep you fully insured

  • Professional Indemnity Insurance – Parasol provide industry leading insurance cover levels: £6m Professional Indemnity, £10m Employers and £5m Public Liability Insurance. Plus, additional insurances available for those working in specific professions.
  • Free independent financial advice - through ParasolFinancials including mortgages, pensions and life assurance

Have easy to swallow pricing

  • Prices start from just £11.95 per week with no hidden fees and working on a “no timesheet no charge” basis
  • Healthcare discounts - An impressive 25% discount on BUPA Healthcare plus 25% off BUPA Travel Insurance

Provide industry leading customer care

  • Personal support service – peace of mind knowing that a consultant is just a call or click away.