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PayStream Accounting

Run by qualified accountants and lawyers with over 30 years experience, PayStream provides expert payroll and accountancy services to contractors. We are committed to providing outstanding levels of service and care. Whatever the industry or pay rate, PayStream has the answer. It all adds up to the ultimate one stop shop for contractors.

FAQs about umbrella companies

Umbrella companies provide valuable services

If you are considering becoming a contractor, you need to know about umbrella companies and what they do. Many new contractors use umbrella companies, as they take care of the administrative side of their affairs and ensure they pay the right tax.

FAQs about limited companies

Many contractors set up limited companies

Many contractors choose to set up a limited company thanks to the various tax benefits and the limited liability should the business fold. If you are new to contracting, it is important you know all about limited companies and how they work.

What does setting up a limited company involve?

You must register with Companies House

Establishing your own limited company has many benefits and it is something many contractors are doing. In order to trade as a limited company, you must first register with Companies House and provide certain pieces of information.

Why have umbrella companies grown in popularity?

An umbrella company can help you

In recent years, the number of contractors employing the services of an umbrella company has grown significantly. There are several reasons for this, including convenience and the fact that they can handle issues such as tax and payroll processing.

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