Nebulix

Out of this world Payroll Solutions.

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Benefits of Choosing Nebulix

See below just some of the many benefits Nebulix has to offer for   contract workers 
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Hassle Free

There’s no need to worry about the burden of administration as we take care of this for you. We will manage your invoices, taxes and provide you with your P60 at the end of each tax year.

Simple Registration

We have streamlined our registration process so you can sign up in just a few simple steps. We will provide you with a secure link to upload your personal documents including your ID and banking details and issue you with a contract of employment.

Relationship Manager

You’ll be assigned a dedicated relationship manager as your primary point of contact, who will guide and support you throughout the entire process.

 

Fees

Our fees are fixed, with all deductions clearly itemized on your payslip. There are no hidden charges, and we guarantee complete transparency.

Compliance

As your employer we ensure that all of your Income Tax and National insurance is deducted as per HMRC’s guidelines. We submit your payroll information in real time using our PAYE payroll software.

Insurance

You will be automatically covered under our insurance policies, which include public liability, professional indemnity, and employer’s liability insurance.

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Contract Working in Numbers

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4.6 Million

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As of 2024, there are approximately 4.6 million contract workers in the UK. This figure reflects a significant segment of the workforce that engages in flexible work arrangements across various sectors.

 

 

15%

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In the UK, approximately 14% to 15% of contractors operate through umbrella companies, according to recent industry estimates. The number of umbrella workers has surged and is continuing to rise due to its ease of compliance and administration.
 

£50 Billlion

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Contract workers contribute about £50 billion to the UK economy, playing a crucial role across various sectors. Their flexibility and specialized skills enable businesses to adapt to market demands, particularly in industries like technology and healthcare, driving growth and innovation in the economy.

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FAQ's

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What is an Umbrella company?

An umbrella company is a business structure used primarily in the UK by contractors or freelancers who work on temporary assignments, usually through recruitment agencies or directly for clients. Instead of setting up their own limited company, contractors can use an umbrella company to manage their finances and administrative tasks.

How does payment work through an umbrella?

It’s easy! You submit your timesheet to the umbrella company, and they invoice your recruitment agency or client directly. Once the agency or client pays, the umbrella company handles all of the tax deductions, and then pays the net amount directly to you. The umbrella will send you a payslip which outlines all of the deductions made.

Who should use an umbrella company?

An umbrella is ideal for contractors or freelancers engaged in short-term contracts, particularly those who prefer to avoid the administrative tasks associated with running a limited company. It is especially suitable for individuals who may fall under IR35 legislation.

Will I still receive holiday through an umbrella?

Yes, you will! As an employee of the umbrella company, you’re entitled to holiday pay. This is usually included in your overall pay rate and can either be paid out with your regular wages or saved for when you take time off.