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An Umbrella company is essentially a payroll agency. They put you on their books for a monthly fee. You send them your monthly invoices and expenses; They collect the cash, do your monthly payroll, pay your tax, and transfer your wages into your accounts. | An Umbrella company is essentially a payroll agency. They put you on their books for a monthly fee. You send them your monthly invoices and expenses; They collect the cash, do your monthly payroll, pay your tax, and transfer your wages into your accounts. | ||
Example: [http://www.macs.ie/umbrella_services.html MACS Umbrella Services] | |||
===== The Pros ===== | ===== The Pros ===== |
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