What is an umbrella company?
When you work through an umbrella company, you’re employed by your umbrella and work for ID Medical Group as a contractor. We will pay the umbrella company for your shift and they will then claim any available tax relief and make a payment to you after the deduction of the appropriate PAYE tax and National Insurance contributions.
Preferred supplier list
As part of our commitment to provide you the best possible support, we have conducted a thorough market investigation and identified a list of recommended umbrella companies – all of whom offer exclusively discounted rates for ID Medical Group candidates. We have selected these providers based on a number of criteria including their range of services, cost to the candidate, experience of the healthcare marketplace, compliance and service quality. The companies named below all offer a free telephone consultation, so we encourage you to reach out to them with any questions you have.
Umbrella Companies not on our Preferred Supplier List
If you wish to use a provider who isn’t on the list, we’ll need to thoroughly vet them prior to making payment. This helps us ensure that their services carry no risk to ID Medical Group and more importantly, no risk to you. Some companies use devices such as loans, profit sharing bonuses and marketing or job board credits to artificially increase the amount of pay you take home. HMRC is pursuing these umbrellas and the individuals using them, which could result in a large bill for unpaid taxes, interest, and penalties.
We take tax compliance seriously – if an offer sounds too good to be true, it almost certainly is. As a result of our vetting process, we may not be able to work with every umbrella.