Recruitment Agencies

You make us the legal employers of your workers, we then take care of everything payroll-related, freeing up internal resources and capacity to focus on growth and success.

You become an employee of GIFCO. We will take care of everything with managing HMRC, payroll, taxes and ensuring you are compliant.

Umbrella companies are perfect for contractors and freelancers who work on short-term assignments, as they can provide a simple and convenient way to manage the administrative aspects of being an employee. They provide a compliant solution for contractors, ensuring that they are not misclassified as self-employed, and that they are paying the right amount of tax and National Insurance contributions.

Contractors and freelancers who work through an umbrella company are considered employees of the umbrella company, rather than self-employed. This means that they are entitled to the same rights and benefits as regular full-time employees, such as holiday pay, sick pay, and pension contributions.

It is important to note that while Umbrella companies are legal and widely used in the UK, they are not always compliant with all of the regulations that apply to employment, and some may not be fully compliant with IR35, which is a UK tax legislation that aims to counter tax avoidance by intermediaries. That is why we, at GIFCO are focused on helping you comply.