Have you time to worry about tax?

FPS UMBRELLA is THE Tax smart solution.

Working through FPS Umbrella doesn't just put more money in your pocket. We also protect your interests and you can rest assured that FPS Umbrella is the smartest and safest way to work on contract in the UK.

We provide an amazing range of benefits. Did you know you can securely track your employment history, payments and expenses through our online Members Lounge? We also ensure you have one payroll contact and access to trained advisors to answer your questions quickly, life couldn't be simpler!

If you don't have time to worry about tax then there has never been a better time to be an FPS Member. 2008 introduces the final stage of the Managed Service Company (MSC) legislation. In short this means that it's now not just the contractors and MSC Providers who are at risk, but every recruitment company who refers temporary contractors to such providers.

A responsible approach: The MSC legislation is not relevant to our members. This is simply because the legislation does not apply to umbrella companies.

With FPS Umbrella there is no risk to our members or their agency. It's the Smart Way for everyone involved.

Protect your income against accident and illness

Seasonal illness and more hazardous traveling conditions lead to a spike in working days lost at this time of year. You can ensure that your contract income continues in the event of sickness or injury by taking out a low cost income protection policy.

IFA ContractorFinancials have done the legwork to find insurance schemes that properly reflect the way that you work. You have access to a scheme that pays up to 65% of your income, tax free. They even have a policy that pays out on the very first day of any illness meaning that even income lost to a cold or relatively minor injury can be reclaimed.

Protection Specialist Sam Foster explains " As a contract worker the day that you call in sick is the day that your client income will cease. In most cases our clients entire lifestyle is dependent on that regular invoice and even a relatively short term illness can therefore have a devastating impact. As advisers we avoid recommending short term cover in favour of schemes that afford quality protection all the way through to retirement. Income protection is one of those areas that people tend to address when it’s too late i.e. just after a serious event, at this time the income has already been lost for that particular break in working."

Contact protection specialist Sam Foster at ContractorFinancials today on 0845 062 8888 or via the Members louge on our FPS Website www.fpsumbrella.com to discuss your needs in more detail.