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Danbro Construct

Danbro Construct

Contracting offers many benefits, not least in higher salaries than permanent employees, flexibility, and a better work/life balance. But a downside can be the management of paperwork, required for tax, and accounting purposes. It can be a real headache. This is where we can help.

We have been providing construction contractors with our efficient services for over 9 years. Whether they are classified as an employee or self-employed, we have a solution for them.

The table below outlines the main differences between the two solutions we provide to construction contractors;

 

Danbro CIS Construct

Danbro Umbrella

Fee per week

£15.00

£22.00

Employment Status

Deemed Self-employed

Deemed Employed

CIS registration required

required

not required

National Insurance deducted

not deducted but still incurred

deducted

Tax deductions

CIS deduction

deducted

Self assessment required

Required

not required

Claiming expenses

Allowable expenses can be claimed through self assessment

Allowable expenses can be claimed in line with our expense policy.

Statutory benefits; SSP, SMP, SPP

Can claim from HMRC but not Danbro

Entitled

The following Benefits are included in both solutions;

You become a client of an award winning accountancy firm, regulated by CIMA and recognised for excellent service.
We run our payroll every day, ensuring you receive your monies in the quickest possible time
If you don’t work you don’t pay
There is no set-up or termination charge
You are provided with a pay slip every time we send you your money, detailing tax deductions
Little or no paperwork as we handle that for you
We invoice and collect monies on your behalf, allowing you to concentrate on contracting.

If you are unsure which service would be the best option for you, feel free to browse our FAQ’s or contact one of our specialist advisors on 01253 600140 who would be happy to help.

For further details, please contact Danbro for Umbrella Service: 01253 600141, General Enquiries: 01253 600140, London Office: 020 7836 8400 or email enquiries@danbro.co.uk or send an enquiry.

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