For all assignment-based projects, temporary contracts, and joint employment models, Regal Umbrella provides an extensive array of contractor payroll options. With the contracting industry growing at a faster pace and new working arrangements emerging, our full-service capacity makes sure that every contractor is guided toward the best course of action for their particular professional situation. These include PSC/limited company for independent contractors, PAYE, the growingly common joint employment model, umbrella, and CIS (Construction Industry Scheme).

Because of our full-service offering, we can guarantee that we provide contractors with a payroll solution that is completely aligned with their career path and flexible enough to accommodate any assignment, regardless of the referring agency, contract rates, payment terms, industry, or sector. Our goal is to establish enduring partnerships with each of our contractors by offering a payroll solution that smoothly adjusts to their unique needs over time.

The Regal Umbrella model, which is still one of the most well-liked payroll choices for independent contractors, is a “employed” solution that provides all the advantages of a conventional employment contract. These consist of general employee rights, possibilities for holiday pay, pension provision, and sick and maternity/paternity pay benefits. The umbrella option is totally compliance and hassle-free, with tax and National Insurance contributions paid at source.

Contractors who are paid and taxed under the Pay As You Earn (PAYE) system are entitled to full employment rights, paid time off for holidays and maternity/paternity leave, as well as pension choices. differs slightly from the umbrella model in that contractors may only be thought of as employees for the duration of a particular task or contract.