Simplyco Review

Company Type: Umbrella Company | Accountancy Service | Sole Trader | CIS Scheme

Editor's Highlights:

  • Simplyco offer Accounting, Umbrella, CIS and Payroll services and seem professional, hassle free and with a "Friendly down to earth service".

We Asked:


Q: What makes your service stand out from the competition?

We are Simplyco, the straightforward accountancy and umbrella company.

In our world, things aren’t complicated, time consuming or jargon-heavy.

Just quicker, easier and hassle-free.


Q: What qualifies a contractor to use your service?

Contractors, freelancers, interims and agency workers that have the right to work in the UK are welcome to join us.


Q: How much do you charge?

Being a genuinely compliant company we don’t charge you anything.

No company should charge you a fee to get your wages.

We simply retain £15 profit margin from each invoice which is generated from your timesheet.


Q: Can I claim expenses?

Genuine expenses (including travel and subsistence) can be claimed as long as they are in line with HMRC rules and our expenses policy.


Q: What level of insurance do you offer?

  • Public Liability - £2,000,000
  • Employers Liability - £10,000,000
  • Professional Indemnity - £1,000,000

Important: Our insurances include cover for high risk industry sectors such as nuclear, petro-chem and rail. Always check that your umbrella company has the right type of insurance for your sector and occupation.


Q: Is there a minimum joining period?

No


Q: How do you ensure compliance with legislation?

Our company is audited by Moore and Smalley Chartered Accountants.

Acumen Legal Services, tax and employment law specialists advise and audit our processes and procedures to ensure that we remain 100% compliant.


Q: How long have you been established and what is the company background?

Simplyco was established in 2007 and is staffed by an experienced team which includes accountants, human resources, recruitment and payroll specialists.


Q: Anything else you'd like to add?

As part of Simplyco Umbrella, you’ll enjoy all your usual statutory rights you’d expect from a permanent role. Here’s how it works. You become one of our employees. We agree a separate contract with the client or agency.


Q: What's included?

  • Online Portal
  • SMS Payment Notification
  • Account Manager
  • Refer a Friend Scheme
  • Prof. Indemnity Insurance
  • Public Liability Insurance
  • Employers Liability Insurance

Contact Simplyco