The advantages to working through an umbrella company include:
- You’ll deal with less administrative work. It’s also quicker and easier to join an umbrella company, compared to setting up your own limited company.
- As an employee of the umbrella company, you’re entitled to statutory benefits
- It can be a great option for short term contractors, as they won’t have to go through the hassle of setting up a limited company and making the arrangements for it to be dissolved.