Anybody know much about umbrella companies? Hubby has just got a six week contract through an agent who is paying through an umbrella company. What I need to know is about expenses. The umbrella company states he will be able to claim mileage (for which he has to provide petrol receipts) and subsistence which will more than cover the management charge of the umbrella company which, apparently is also classed as an expense. See what I'm trying to get my head round is mileage and usual place of work.
Umbrella companies are allowed to deduct certain expenses and travel and subsistence are those. Many umbrellas work in different ways, but I believe the mileage is based on to and from work!
We have worked with Paystream in the past, they are ok and knowledgable in what you can and cannot claim, although I would ask the question anyway to get the definitive answer, as things have changed recently.
