For the fictional corporation in the Resident Evil series, see Umbrella Corporation.
The examples and perspective in this article deal primarily with the United Kingdom and do not represent a worldwide view of the subject. You may improve this article, discuss the issue on the talk page, or create a new article, as appropriate.(September 2019) (Learn how and when to remove this message)
An umbrella company is a company that employs agency contractors who work on temporary contract assignments, usually through a recruitment agency in the United Kingdom. Recruitment agencies prefer to issue contracts to a limited company to reduce their own liability. It issues invoices to the recruitment agency (or client) and, when payment of the invoice is made, will typically pay the contractor through PAYE with the added benefit of offsetting some of the income through claiming expenses such as travel, meals, and accommodation.
Umbrella companies have become more prevalent in the UK since the British government introduced so-called "IR35" legislation that creates tests[1] to determine employment status and ability to make use of small company tax reliefs. According to criteria set out by the UK Department for Business, Innovation & Skills, there are an estimated 4 million temporary workers in the UK, of whom 1.56 million are "classed as being in a management or senior official role, a professional occupation or an associate professional and technical occupation." It is estimated that 14% of the UK's professional contractors are currently managing their business by working through an umbrella company.[2]
^"Basic principles: how to work out when the legislation applies - flowchart".
^"The size of the UK's umbrella contractor workforce". Retrieved 2013-02-15.
An umbrellacompany is a company that employs agency contractors who work on temporary contract assignments, usually through a recruitment agency in the...
An umbrella or parasol is a folding canopy supported by wooden or metal ribs that is mounted on a wooden, metal, or plastic pole. It is usually designed...
Nations umbrella organizations Big tent Federation Supraorganization Umbrella brand UmbrellacompanyUmbrella fund Umbrella school Umbrella term Legal...
Umbrella Entertainment is an Australian film distribution company that began operating in 2001. It is based in Kew, Victoria. Umbrella Entertainment manages...
Fulton Umbrellas is the United Kingdom's largest manufacturer of umbrellas, used by various members of the British Royal Family. The company was founded...
Caribbean. Founded in 1997, the network eventually operated under an umbrellacompany called iGlobalMedia, which then changed its name to PartyGaming. PartyGaming's...
name for the sale of two or more related products. Umbrella branding is mainly used by companies with a positive brand equity (value of a brand in a...
contractors become employees of the umbrellacompany, but do not also become employees of the client. The growth in umbrellacompanies in the UK is attributed to...
music. Desbordes launched his 4lifers entertainment company in 2023, which serves as the umbrellacompany for his business ventures. Those range from live...
Dance Umbrella is an annual festival of modern and contemporary dance in London every October, founded by Val Bourne and Jeremy Alliger. First held in...
Umbrella Movement (Chinese: 雨傘運動) was a political movement that emerged during the 2014 Hong Kong protests. Its name arose from the use of umbrellas as...
habitat Umbrella effect (economics). in which a dominant company or cartel creates an "umbrella" of high prices over the rest of the market Umbrella effect...
company would retain the St. Paul name, the corporate name only lasted until 2007, when the company repurchased the rights to the famous red umbrella...
Coast under umbrellacompany The Radio Network. These are now part of the New Zealand Media and Entertainment. In August 2021, the company removed the...
The following entry is a list of characters from The Umbrella Academy, a comic book series created and written by Gerard Way and illustrated by Gabriel...
Umbrella insurance is a kind of liability insurance. It typically applies when liability exceeds the limits of other policies, although it may also serve...
A price umbrella, also known as the umbrella effect, is a pricing effect often created by a dominant company, in which competing firms can find buyers...
stands for McCartney Productions Ltd.) (NAICS 512230, SIC 2741) is the umbrellacompany for the business interests of Paul McCartney and was established in...
multinational consumer electronics company, also engaged in umbrella marketing through their launch of their custom umbrellas. Urbem Media, a Shanghai-based...
rebranding as Core Design in October the same year. The company was acquired by umbrellacompany CentreGold in December 1994, which in turn was acquired...