Salary and expenses how does it work?

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An umbrella company acts as your employer, they process your timesheets, expense details and pay your salary.

Parasol makes contracting easy and takes away the stress of dealing with your own company finances and accounts. Being on our payroll means your income tax and national insurance is deducted from your earnings before it is paid to you, essentially you are still a PAYE employee.

You will be able to claim back things like travel, eating out while on business, training and electronic equipment. Find out more information on what sort of business costs and expenses you can claim in our guide.

Want to join Parasol? Get in touch with our team today to get started.

Benefits of Parasol

Support that’s second to none – our expert team is on hand 8am-7pm Mon-Fri, and is even available on Saturdays 10am – 4pm

Swift payment – we run up to five payrolls per day and can process same-day payments too

Ditch the paperwork – our innovative online portal is available 24/7, allowing you to submit timesheets, claim expenses and track your pay

We listen and learn – providing the best possible support is really important to us

Calculate your income

What do our clients say?

Parasol has been a great support to me in my contracting career. I first heard about umbrella companies in 2006 and after a shaky start in contracting, I joined Parasol and never looked back. Parasol’s undivided attention on the phone is great and the online portal is quick and easy, making the process of submitting my timesheets and claiming expenses extremely straightforward. The portal continues to improve and my weekly pay slips are now laid out very clearly, and are easy to print. A few years ago I was considering going Limited, and I got in touch with Parasol’s sister company, ClearSky Contractor Accounting. They were very helpful and assessed me according to my recent record with Parasol. In the end, I decided that limited company wasn’t the best option for me, but I would recommend Parasol and ClearSky to anybody looking to further their contracting career.

Denis McMahon

I have been a contract writer and content editor since early 2014, and have used Parasol from the start. I can't fault the company's service, and even when an error has previously been made by a third party, Parasol has sorted it. As well as the customer service staff being helpful and incredibly speedy at responding, the online payment portal is a joy to use. I wouldn't say many could go far wrong in choosing Parasol as their umbrella agency.

Emma Zucker

I joined Parasol after finding a role as a service desk analyst and even though I didn’t seek them out myself, working with Parasol is one of the best decisions I’ve made. As a first time contractor, Parasol made the transition smooth and easy, and any fears I had about the amount of administration involved soon disappeared. Every time I’ve contacted Parasol they have listened and given me informative advice and managed to solve any queries I’ve had. If you want to be a contractor and are nervous, Parasol is a great support system.

Sarfraz Hussain