The following documents provide a sample illustration of payment mechanisms for providing services through either an Umbrella Company, or a Personal Services Company/Limited Company.
Jumar operates a preferred supplier list of Umbrella Companies, and copies of each provider’s sample Key Information Documents (KID) are included below.
Please note these are indicative summaries, and are designed to give an illustration only as required by the 2019 Amendment to the Employment Agencies and Employment Businesses Regulations (SI 2019 No. 725). Your personal situation will be discussed with your Jumar consultant and you will be provided with more personalised information prior to your engagement on an assignment.
For a personalised KID relevant to your own situation and assignment, please contact your chosen umbrella company. Please note that - if you use an umbrella company - as your employer, the umbrella company is responsible for all deductions made from your pay. It is important to ensure that you fully understand the nature and amount of these deductions.
These documents reflect the updated rates of taxation from November 2022.
|Based on a rate of £200 per day||Based on a rate of £400 per day|
|Personal Services Company/Limited Company||View document||View document|
|Giant Group||View document||View document|
|NASA Umbrella||View document||View document|
|Parasol||View document||View document|
|Paystream MyMax||View document||View document|