Get expert advice

Complete Umbrella Services for Contractors

With PRC you can:

 

  • Benefit from same-day payments
  • Reduce your administrative burden
  • Get access to expert advice
  • Claim Statutory Benefits, including Sick Pay and Maternity / Paternity Pay
  • Enjoy £25m Insurance Cover
  • Process pension payments
  • Remain fully compliant
Request a callback from one of our experts

    About us

    We believe that you should be able to focus on their work without worrying about the complexities of payroll management. Which is why we are committed to providing contractors with hassle-free and reliable financial management solutions.

    Our team of experienced professionals understands the challenges you face, and offer a hassle free service tailored to meet your unique needs. From payroll management to tax compliance, we make sure that every aspect of your financial management is handled to your best benefit.

    We pride ourselves on our professionalism, transparency, and commitment to delivering exceptional service. Whether you’re a seasoned contractor or just starting out, we are here to help you achieve your financial goals.

    Benefit from same-day payments

    We use the Faster Payments system to process payments five days a week, ensuring that your income is remitted to you on the same day that we receive the funds.

    Reduce your admin burden

    With our easy-to-use online portal, you can manage your finances and access your payment details with ease. No hassle payroll – just expert support and services.

    Process pension payments

    All employers must provide a workplace pension scheme. As your employer we must automatically enrol you into a pension scheme and make contributions to your pension if you qualify. You can opt out of the pension if you wish, and we’ll explain the simple process.

    Get access to expert advice

    No call centre to negotiate, you will receive dedicated support from your own personal Account Manager, who will be your personal point of contact.

    £25m insurance cover

    As a contractor with PRC, you will be entitled to £10m employers Liability cover, £10m Public Liability and £5m Professional Indemnity cover, free.

    Remain fully compliant

    Compliance is at the heart of everything we do. Our legal and compliance teams work tirelessly to ensure that you remain fully compliant with all relevant legislation.

    Claim statutory benefits

    Relying on our expertise will mean you don’t have to worry about losing out on employee benefits, including claiming Holiday Pay, Sick Pay and Maternity / Paternity Pay.

    FAQs

    An umbrella company is a service provider that acts as an employer for contractors who work on a temporary basis. When you join an umbrella company, you become an employee of the company, and they handle all aspects of your payroll, including tax, National Insurance, and other statutory deductions.

    As an umbrella company employee, you submit timesheets for the work you do, and the company invoices your clients on your behalf. The umbrella company then pays you a salary, after deducting their fees and any relevant taxes. This arrangement allows you to focus on your work without worrying about the administrative and financial aspects of running a business.

    With us, there are no joining fees or any tie-in periods that you need to commit to. Additionally, there are no exit penalties when you decide to leave. We only ever apply fees when you are earning income and these fees are transparently deducted from each payment.

    Our goal is to ensure that our clients and contractors can operate with peace of mind. To achieve this, our legal and compliance teams work closely with legal and tax experts to ensure we are fully compliant in relation to IR35 legislation and UK tax legislation.