MoneyBox5 Umbrella Company
When choosing an Umbrella Company it can be a little difficult to decide what the best option is for you.
MoneyBox5 is a legally compliant payroll and accountancy service which can manage your tax, national insurance and expenses
as well as deal with all your IR35 concerns. MoneyBox5 is growing at an exciting rate and has
positioned itself as the first choice for contractors when choosing an Umbrella Company.
MoneyBox5 can offer you all the benefits of a Limited Company without any of the admin
or statutory responsibilities. With our service, you don’t have to worry about IR35 or Third Party Debt Legislation.
You, "the contractor", essentially become an employee of the Umbrella Company.
You record your time online and we will, in turn, invoice the end client (or agency) for the
work done by you. You will then be paid as a PAYE employee less the umbrella fee.
MoneyBox5 is one of the few comprehensive online professional umbrella services of its kind
and has revolutionized the way contractors from numerous professions approach their everyday billing
and payment needs.
Control at your fingertips 24/7
Our online timesheet system's capabilities puts you in complete control of your time and expense claims making sure that information is visible, available and accessible in real time to all organisation involved and ensuring that you get paid on time.
Using our umbrella online system you will be able to submit time and expenses in a quick and efficient manner, removing the need to fax, scan or email your paperwork and speeding up the whole payment process.
You are able to submit time and expense details through a simple online secure portal that displays a user friendly menu. You are issued with a unique secure password and user name giving you 24/7 access to your approval summary.
You will have all the information you require at your fingertips to establish the status of your approval and payment of your funds. A full audit trail is provided for your information so that you always know where you stand financially.
What happens when I change my Recruitment Company or work for a different client?
The majority of our Contractors move from job to job which, for most, means a new Agency or Client. It doesn’t have to mean a new Umbrella Company which would mean
a whole new registration process.
With all of our contractors, when they start a new role we simply make a call and liaise with their new recruitment agency or client. That way, the only thing that will change is your job role.
Naturally ...
You only pay your weekly MoneyBox5 contribution while you are on a contract. If you are out of work, on holiday or sick then your overheads are zero. You know exactly how much your administration overheads will be for any period of time – there are no "financial surprises".
No joining or termination fees
There are many urban myths surrounding umbrella companies and the way that they work and you should be wary of what’s on offer and the things you’re not told about up front.
Things we will and things we won’t do
We WILL charge you a fixed fee to process your payment smoothly.
We WON'T charge you a percentage of your earnings.
Should you feel you need to stop using our service we WILL, happily and quickly, issue you back your P45 without delay.
We WON'T penalise you for wanting or needing to leave.
We WILL assist you in everyway possible with any questions or issues you might have.
We WON'T penalise you for administrative errors
What happens next?
If you’re not completely happy with your current payroll umbrella solution you can easily make the switch as many have.
For more information please view our website, view our fees and our expense policies.
If you like what you see, register now and a member of the team will call you back.
It’s simple, its easy, its your moneybox.
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