Parasol has been providing a PAYE Umbrella Company service to engineering professionals and contractors for over seven years. If you're an engineer, keen to avoid the perils of (former) MSC’s and looking for a safe and simple PAYE solution with lots of benefits and comprehensive insurances, choose our award winning Professional Employment service.

Parasol has worked with over 25,000 contractors since 2000 and is trusted by over 500 technical recruitment agencies to provide safe PAYE umbrella company solutions.

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 IR35, VAT, Business bank account or tax issues
  • No set up or termination fees and no minimum terms – we deduct a flat monthly or weekly management fee - no % charges!
  • Much safer, easier and faster than a Limited Company service
  • Inclusive expenses process and Inclusive insurance package (worth £21m)
  • 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