Worldwide Finance Awards 2020

Acquisition International - 2020 Worldwide Finance Awards 23 stablished in 2014, No Worries Red Umbrella has established itself as firm of skilled and motivated payroll, tax and accounting experts. A specialist payroll firm dealing with contractors in the UK, No Worries Umbrella proclaim that the simplest route to contracting is through their PAYE umbrella. No Worries Red Umbrella offers fast set-up, no accounting or IR35 concerns and in most cases no need to complete a personal tax return. The purpose of the arrangements offered is to be the continuous employer for employees to work on multiple assignments or projects offered by end clients or agencies. The traditional umbrella model caters to skilled workers who opt to be employed through an umbrella company, rather than trading through their own limited company or being self-employed. A small but nimble and accommodating company, No Worries Red Umbrella pride themselves on their years of expertise, that has gained them industry knowledge of the intricacies of daily life as a contractor. This experience enables them to offer customised and professional advice to each client, whether they be a novice or established contractor. No Worries Red Umbrella, based in Wimbledon, London, is a specialist payroll firm dedicated to delivering a service that ensures quick and easy payments for contractors across the UK. As this small but impressive firm celebrates success at the Worldwide Finance Awards 2020, we take a closer look at the organisation. Best Specialist PAYE Umbrella Service 2020 - UK E When the organisation was established, customer service and an easy-to-use system were the core values at the heart of the company. Many years later, these same core values have been carried through into their umbrella payroll company, and each staff member has been trained to focus on understanding and delivering their clients’ needs. This, combined with their expertise in the contracting world, has created an effective and reliable team at No Worries Red Umbrella. Indeed, the company has recently been awarded their FCSA Accreditation, not only certificating that their top-class service has been regulated by comprehensive compliance requirements, but also opening more doors for this promising organisation with recruitment agencies who consider FCSA Accreditation as pre-requisite for their Preferred Supplier Lists. This is excellent news for the company, as they look to develop and expand. While many businesses have had to make major technological adjustments to adapt to the new way of working life created by the Coronavirus pandemic, No Worries Red Umbrella have largely been able to continue business as usual. Having always focused on incorporating technology into their services in order to make life easier for their clients, working from home caused minimal disruption to the No Worries Red Umbrella team. As restrictions are lifted, and armed with their recent FCSA Accreditation, No Worries Red Umbrella is ready and waiting for the increased projects that will be available to their contractors, which they remain on hand to assist with. Although they recognise that uncertainty will continue for some time for the UK economy as Covid-19 restrictions remain unpredictable and the full effects of Brexit are yet to be seen, the organisation remains optimistic. As they expect many companies to be unprepared for the impending off- payroll working rules, No Worries Red Umbrella foresee a wave of contractors moving into umbrella employment in 2021. Undeterred by all that 2020 has thrown at them and optimistic about 2021, we are excited to see how this small but energised company develops over years to come. Contact: Claire Weir Company: No Worries Red Umbrella Limited Web Address: www.noworriesumbrella.co.uk