atw: Re: Umbrella companies
- From: Mark Robertson <kubbua@xxxxxxxxx>
- To: austechwriter@xxxxxxxxxxxxx
- Date: Mon, 6 Aug 2007 11:03:37 -0700 (PDT)
Your absolutely right Peter, I'm in the UK and its the
same here, people using umbrella companies are simply
paying over the odds for something they could quite
easily look after themselves. I us an accountant and
pay him a far lesser fee once a year, and he does my
payroll tax returns,the lot. I'm moving to Australia
soo and I'll be doing the same out there.
--- Peter Rule <lists@xxxxxxxxxxxxx> wrote:
> I've never really understood the attraction of these
> contractor mgt
> organisations. I mean, what do they really do?
> Surely they are just
> another middleman reducing what you get by 3-5%.
>
> I've almost always either worked directly with the
> client (as a PAYG
> casual) or through an agency's payroll (PAYG again).
>
> I was once given the option by an agency of using
> their payroll
> system, at a "fee" of 3% or using a mgt company. (I
> was ropeable
> because they did not advise me of this until after
> the rates had been
> negotiated, I basically had to accept a
> non-deductible 3% reduction in
> my rate).
>
> Surely its just another way of moving a charge that
> has always been
> covered by the agency's margins onto the contractor,
> thereby just
> reducing the charge to the client (making that
> agency more competitive
> at the cost of the contractor).
>
> I can understand if the client or the agency
> insisted on using a third
> party organisation (and was upfront about it and
> negotiated the rate
> in line with this!), but otherwise I don't see the
> attraction. Can
> someone enlighten me?
>
> -Pete
>
>
> Quoting Christine Kent
> <christine_kent@xxxxxxxxxxxxxxx>:
>
> > Totally - I have always used them when I need this
> kind of arrangement.
> >
> > -----Original Message-----
> > From: austechwriter-bounce@xxxxxxxxxxxxx
> > [mailto:austechwriter-bounce@xxxxxxxxxxxxx] On
> Behalf Of Jonathan Peck
> > Sent: Saturday, 4 August 2007 2:46 PM
> > To: austechwriter@xxxxxxxxxxxxx
> > Subject: atw: Re: Umbrella companies
> >
> > Tina, I am currently working through Entity
> Solutions too and the service
> > they provide is excellent for a very reasonable
> fee. I recommend them as
> > well.
> >
> > Jonathan Peck
> >
> >
> > ----- Original Message -----
> > From: <sapearce@xxxxxxxxxxxxxxxx>
> > To: <austechwriter@xxxxxxxxxxxxx>
> > Sent: Friday, August 03, 2007 1:45 PM
> > Subject: atw: Re: Umbrella companies
> >
> >
> >> Tina
> >>
> >> I worked thourgh Entity for about six months at
> the end of
> >> last year and the beginning of this. I happily
> recommend
> >> them.
> >>
> >> Suzanne
> >>
> >>> Hi all
> >>>
> >>> I'm about to go out into the contracting world
> again.
> >>> Last time I was contracting I did everything
> myself, e.g.
> >>> PAYG etc. But this time I am thinking of using a
> >>> contractor management company, e.g. entity
> solutions. I
> >>> have had a look through the archives but was
> wondering if
> >>> anyone had an recent experience with a company
> they can
> >>> recommend or any suggestions etc.
> >>>
> >>>
> >>> thanks
> >>>
> >>>
> >>> tina
> >>>
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