HOW DOES IT WORK?

Sterling Solutions provides an umbrella company which covers you as an employee and gives the added benefit of receiving business related expenses

• You become classed as an employee of Sterling Solutions Umbrella Company Ltd and therefore receive full employee rights 
• We then sub-contract your service to the recruitment agency 
• We receive funds for the assignment 
• To help make your income more tax-efficient, we process your pay based on the current National Minimum Wage 
• From your income, we deduct our mark up and the statutory employee deductions such as NIC and tax whilst retaining holiday pay 
• We then calculate your business related expenses which are then added to the remainder of your wage, these are calculated tax free 
• If you do not claim expenses, you will receive a wage and a bonus which will be subject to tax and NI 
• The benefit to you is that your income is more tax-efficient and you can claim legitimate business expenses whilst working on agency assignments 

• Funds are then transferred to your account via CHAPS (same day transfer) at no extra cost. We will also send you a SMS notification message outlining the amount that has been credited to your account; this payment will clear by close of banking business, which can be up to 17.00 on the day.

  To receive an illustration based on your income, projected expenses and circumstances contact our Sterling Solutions Illustrations team on  0870 754 1111.