Business Details
26 Years
experience
Your Trusted Umbrella Company for Contractors in Warrington
Established in 2000, Parasol stands as a leading umbrella company within the UK's agile workforce sector. As part of the Caroola Groupthe nation's largest contractor accountancy groupwe combine over two decades of industry expertise with a commitment to compliance and client-centric service. Our operations span multiple UK office locations, supported by a team of over 550 professionals dedicated to delivering payroll solutions, tax management, and statutory benefits for contractors. Recognised in the Sunday Times Grant Thornton Top Track 250 league table, we serve more than 100,000 contractors and maintain partnerships with 3,000 recruitment agencies, including industry leaders like Hays and Reed.Our adherence to FSCA standards and Cyber Essentials PLUS certification underscores our focus on security and regulatory excellence. With a Trustpilot rating of 4.7 from over 4,300 reviews, we prioritise same-day payroll guarantees, comprehensive insurance coverage, and access to exclusive employee perks through our MyMarketplace platform. Our streamlined migration process ensures minimal disruption for contractors transitioning to umbrella employment, while our dedicated support teams provide tailored guidance at every career stage.
Services
Umbrella Solutions
Umbrella+ Enhanced Support
Payroll Management
Tax Compliance
Contractor Support
Details
- Year established: 2000
Highlights and features
- We have over 20 years of experience in umbrella payroll solutions.
- Our company is FSCA accredited and Cyber Essentials PLUS certified.
- We guarantee same-day payroll processing for timely payments.
- Our Trustpilot score of 4.7 reflects client satisfaction across 4,300+ reviews.
- We provide comprehensive employment benefits including pension contributions and insurance.
Associations and certifications
- FSCA
- Cyber Essentials PLUS
What people say
Excellent support
Same-day payments
Trusted service
Great benefits
Compliant and secure
Services
Umbrella Solutions
Parasol's Umbrella Solutions provide compliant payroll management for contractors. We handle tax deductions, National Insurance contributions, and statutory benefits while ensuring HMRC compliance. Contractors receive same-day payments and access to employment rights including maternity pay and 28 days' annual leave.
Umbrella+ Enhanced Support
Umbrella+ offers additional benefits beyond standard payroll. This includes exclusive discounts through MyMarketplace, enhanced insurance coverage, and priority support. Contractors gain access to wealth management advice and tailored financial planning services to optimise their income.
Tax Compliance
Our tax compliance service ensures accurate calculation and submission of all statutory payments. As FSCA members, we maintain rigorous compliance standards with HMRC requirements. Cyber Essentials PLUS certification guarantees secure handling of financial and personal data for contractors and agencies.
Contractor Support
Parasol provides dedicated support throughout contractors' assignments. This includes guidance on IR35 legislation, contract reviews, and assistance with recruitment agency partnerships. Our team offers telephone and online support during extended business hours for operational queries.
Employee Benefits
Contractors receive employment benefits including employer pension contributions, sick pay, and maternity/paternity leave. MyMarketplace access offers retail discounts and financial products. We guarantee 28 paid holiday days annually and provide 20m insurance coverage for eligible employees.
Questions
What is an umbrella company?
An umbrella company acts as an employer for contractors, handling payroll, tax deductions, and statutory benefits while ensuring compliance with HMRC regulations.
How does Parasol ensure tax compliance?
As FSCA members, we adhere to strict compliance standards. Our systems automatically calculate and remit taxes, National Insurance, and pension contributions to meet HMRC requirements.
What services does Parasol offer?
We provide umbrella payroll solutions, tax compliance management, contractor support, employee benefits including insurance and pensions, and access to exclusive discounts through MyMarketplace.
How do I join Parasol?
Contact our sales team via phone or online form. Provide ID and agency details, then accept your employment contract. We handle onboarding to ensure a seamless transition.
What are the benefits of using Parasol?
Benefits include same-day payroll guarantees, Cyber Essentials PLUS-protected systems, 28 days' annual leave, pension contributions, and access to 2,000+ retail discounts through MyMarketplace.
Is Parasol regulated?
We are FSCA accredited and comply with HMRC regulations. Our Cyber Essentials PLUS certification demonstrates our commitment to data security and regulatory standards.
