NetpayXtra is Parasol’s PAYE umbrella service and is designed to allow contractors working in construction to get on with freelance work while we take care of your invoicing, tax and NI management and IR35 issues. It is particularly appropriate for construction workers who cannot apply a CIS self employed solution but still wish to enjoy the freedom and earning potential that contract work brings.

Parasol provides employment services for contractors, freelancers and knowledge-based workers. Our employees work in a range of professions including construction IT, medical, engineering, and the public sector.

Supported by highly experienced tax, legal, payroll, credit control, sales and customer support specialists. NetPayXtra offers the best possible ‘net pay’ returns after tax and costs.

Benefits of working with Parasol include:

  • No set up or termination fees and no minimum terms – just a flat weekly or monthly charge
  • No residual tax concerns or IR35 worries
  • Inclusive expenses process
  • Payment via BACS, CHAPS or Foreign Funds transfer
  • Free Independent Financial Advice through Parasol Financials

Parasol’s outstanding reputation, commitment to service delivery, efficient billing, payment and expense processing have helped us to win several awards, including being listed as the 6th fastest growing private company in the UK by the Sunday Times Fast Track 100.

Sign up now or call 0800 583 6000 for more information.

*the net figure is variable due to the nature of your employment with Parasol