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Please get in touch with us to discuss your needs and request a no obligation consultation.
How much does it cost to use FPS Group Umbrella Company?
When you use the FPS umbrella company you pay only one flat fee that covers:
- processing payments
- business insurances
- processing business expenses
With us, there are no :
- set up costs
- discontinue costs
- charges for reference checks.
A summary of costs depending on your circumstances and the type of rate tax is presented in the table below:
| PAYE Service Gross (this is what you'll see on your payslip before tax) | Net (if you are a 20% basic rate tax payer) | Net (if you are a 40% higher rate tax payer) | Net (if you are a 50% top rate tax payer) | |
|---|---|---|---|---|
| Weekly (per timesheet) | £27.00 * | £16.51 | £14.38 | £11.95 |
| Monthly | £117.00 | £71.51 | £42.95 | £30.58 |
* £27 if you want to be paid by same-day CHAPS or £24 to be paid by BACs.
Fees are charged per billing period or part thereof. A billing period is either a week or month.
One flat fee; that's it.
You'll get a professional service. We'll get on with our job and leave you to focus on your job as a freelancer, contractor or temporary worker.
If you're a recruitment or temping agency and would like FPS to provide bespoke fees to your workers then please contact our sales team on 0800 634 4848.
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