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An umbrella company is the simplest way to get paid for most contractors. The umbrella employs contractors carrying out short-term assignments and makes Pay As You Earn (PAYE) and National Insurance contributions - so no unexpected tax bills.
You get a consistent employment record (handy for mortgage and loan applications) and access to entitlements like a workplace pension, holiday pay and maternity / paternity pay. In short, all the benefits of continuous employment as a contractor, without the admin of running your own limited company.
The best of both worlds. All the freedom of contracting with the benefits of continuous employment, which helps with loan and mortgage applications.
Save £100s each month in both PAYE and NI contributions with the UK's leading pension providers. We also pass on 100% of the employer’s savings in the form of additional gross pay.
Voted the UK's Best Umbrella Company in The Contracting Awards 2023 (third year running) and five times overall in the Contractor UK Reader Awards.
Accrue holiday pay and take advantage of pension schemes.
Access to benefits like statutory sick pay and paternity/maternity pay.
If you are travelling to multiple sites on a regular basis, you may be eligible to claim tax relief on your allowable business expenses.
£10m employers’ liability, £10m public liability and £10m* professional indemnity insurance cover. *There is a limit below £10m for certain sectors / professions.
On the go or in the office, with the My Max online portal and mobile app, your contracting admin has never been so easy.
See how much holiday pay you've accrued and put in your request in no time.
Eligible umbrella contractors can claim site-to-site travel expenses in just a few simple steps. We've made it quick and easy to claim receipted expenses too.
Head for the "Useful Info" tab to download handy paperwork like your latest employment contract, P60s and insurance certificates.
We've got our umbrella contractors covered with a comprehensive library of guides and FAQs have got you covered for everything from bank holidays to tax rates to timesheets.
See your last three payslips at a glance, and search the rest with our date-range tool. They're all available to download wherever you need them.
Update personal details like your phone numbers and address quickly and easily.
A phenomenal range of discounts and cashback from over 7,000 retailers which are available exclusively to our My Max contractors.
Exclusive offers and services, handpicked for My Max contractors
Access to a 24/7 online GP service, a BP Plus Fuel card saving up to 20p per litre, a 25% saving on gym memberships and Personal Accident cover which insures you for any accidents you have while at work or on your commute.
Advice from Haven Global Strategies Ltd who are specialists in the contractor market and can help with your pension planning or securing a mortgage or loan.
Products and deals from brokers and lenders who specialise in catering for umbrella company contractors.
Which is better? Umbrella or PAYE?
Let's compare both optionsAll the benefits of My Max, but with some extra perks. We've thrown in a standard Self Assessment tax return, a full IR35 review of future contracts and a subscription to our Tax Investigation Protection Service and that's just to name a few.
Discover My Max ExecLooking for support? Head for our HelpHub or call our New Business Team on 0161 923 0201
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