Hi,

I've lately decided to use an umbrella company to invoice for the the projects I've done and to take care of the taxes for the gouvernment. I'm based in the UK and use contractorumbrella.com.

The first payment that they've processed for me was charged at £260 and after all the deductions for the gouvernment, I've ended up with £148.40!!! Almost 40% was taken off!!!

The umbrella company charged me only £19.95 for the process, which I think is fine, but all the rest...!

So I was wondering if anyone had some good tips on how I can save money and not ending up having to double my rates!!

Thanks