With an FPS Group administered umbrella company there's:
- No set up costs
- No discontinue costs
- No charge when we provide you with evidence of earnings (e.g. For a mortgage application)1
- No charges for reference checks required to undertake assignments1
Just one single flat fee that covers:
- processing payments
- processing business expenses
- access to an extensive range of employee rewards
- provision of directors to your umbrella company
- business insurances2
Find out more about FPS Rewards
| Payment Frequency | Gross Admin Fee3 | Net Fee4 (Basic Rate) | Net Admin Fee4 (Higher Rate) | Net Admin Fee4 (Top Rate) |
|---|---|---|---|---|
| Weekly | £24.00 | £14.36 | £12.27 | £11.22 |
| Monthly | £104.00 | £62.22 | £53.17 | £48.60 |
We'll calculate and send the correct tax and National Insurance contributions arising as a result of your employment to HMRC in full compliance with their requirements.
Ready to get started? Find out more.
1 These services are provided for free during the course of your employment with an FPS Group administered umbrella company, a small administration fee may apply if copies required after cessation of your employment.
2 Insurance conditions and exclusions.
3 This is the per timesheet fee, before tax, that will show on your payslip.
4 The actual difference in your take home pay, depending on which tax bracket you fall into.
