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How common are Umbrella Companies? – Greenwich

How common are Umbrella Companies?

Umbrella Companies are remarkably popular with contractors and have been around for quite some time now. Since 2007, legislation declared that umbrellas were in a unique category of employers, increasing their popularity for contractors looking for a more solid employment situation.
Umbrella Companies remain a safe and secure way to cut down on the administrative hassle of running a limited company or being a sole-trader, whilst maximising income retention. These benefits are likely to be part of the reason why more than 200,000 people now work in the UK through Umbrella Companies, with this number increasingly annually.
As an umbrella company, ourselves, Greenwich Contracts are well equipped to offer this service on your behalf.

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