So what is the difference between umbrella and limited company?
When you use a recruitment business to find you a new contract, you usually have a couple of options available to you in terms of how you are paid. The agency may, for example, pay you directly on their payroll. Alternatively, they may suggest you become an employee of an Umbrella company. In more limited circumstances, and based on many different factors, it could be an option for you to start your own business via a limited company. Before you decide on which option is best for you, there are a few things you need to consider.