What is an umbrella company?
When you work through an umbrella company, you are employed by your umbrella and work for ID Medical as a contractor. We pay the umbrella company for your shift. They then claim any available tax relief and make a net payment to you.
Doing our bit
As part of our commitment to provide you the best possible support, we have conducted a thorough market investigation and identified a Preferred List of umbrella companies – all of whom offer exclusively discounted rates for ID Medical candidates. We have selected these providers based on range of services, cost to the worker, experience of the healthcare marketplace, compliance, and service quality, among other criteria. The companies named below all offer a free telephone consultation, so we encourage you to reach out to them with any questions you have. You can also request a call back.
If you wish to use a provider who isn’t on the list, we will need to thoroughly vet them prior to making payment. This helps us ensure that their services carry no risk to ID Medical and, more importantly, no risk to you. Some companies use loans, “profit sharing” bonuses, and marketing or job board credits to artificially increase the amount of pay you take home. HMRC is pursuing these umbrellas and the individuals using them, which could result in a large bill for unpaid taxes, interest, and penalties. We take tax compliance seriously – if an offer sounds too good to be true, it probably is. As a result of our vetting process, we may not be able to work with every umbrella.