Flat rate

Always know what you are paying with our flat rate margin. Some umbrella companies charge a fixed percentage based on the amount you earn. For example, if you earn £500 and the umbrella company charges 7%, you’ll pay £35. And, if you earn £1000, they’ll still charge 7%, and you’ll pay £70. We don’t work like that. We simply deduct a flat rate, keeping things fair and simple.

No hidden costs

What you see is what you get with us. We don’t charge exit fees, start-up costs, change of agency fees, and there’s no extra cost for faster payments. There’s a small charge for completing personal tax returns, but not every contractor needs one. Speak to your personal assistant for more information.

Payable per payslip

This means you won’t be charged for using our service if you take a break, go on holiday, or are in between contracts. That’s another weight off your mind.

The cost behind our margin

Our margin is deducted from the total fees we receive from your agency / end client before calculating employers’ NICs, PAYE, and NIC deduction on your taxable income. As long as your income is over the National Insurance threshold and personal allowance, the actual cost to you can be as little as £10.54 per week or £31.63 per month if your earnings fall within the higher tax rate band.

Cloud9 Umbrella

Under basic tax rate band
Saving on
Period Our margin Employer’s NIC Employee’s NIC Income Tax Our Margin after Tax and NIC
Weekly £25.00 £3.03 £2.64 £4.39 £14.94
Monthly £75.00 £9.09 £7.91 £13.18 £44.82
Under higher tax rate band
Saving on
Period Our margin Employer’s NIC Employee’s NIC Income Tax Our Margin after Tax and NIC
Weekly £25.00 £3.03 £2.64 £8.79 £10.54
Monthly £75.00 £9.09 £7.91 £26.36 £31.63

Always happy to help

If you have any questions about our margin and what it means for you, speak to our new client liaison team on 020 7078 0212. Lines are open Monday to Friday, 9am to 6pm.