Contractor Hub

   

Guide to Contracting

 

Consilium has long been established as a major provider in the contract recruitment market.  Our experienced contract team is supported by the best available back-office services, which has given us an exemplary reputation among all of our contractors and customers alike.

We support existing Ltd Company contractors, as well as Umbrella contractors and offer a smooth and easy to follow guide to hand-hold first time contractors who may have only previously experienced permanent employment.

 

Established ‘Ltd Company’ Contractors

 

If you secure a new contract through Consilium then the transfer should be seamless.  We run an online timesheet and invoicing process with clearly defined invoice deadlines and payment schedules throughout the year. 

We know how important it is that you are paid on time and are very proud of our 100% on-time payment record to date - subject to timesheets and invoices being received on time and without error. We additionally provide a 7 day contact service should you ever need to talk to us about paperwork or payment queries.

Where the client permits us to work “Open Book”, meaning that our mark-up is declared, we are therefore able to maximises the pay rate to you the contractor. 

We also like where possible to meet all of our contractors face-to-face at our offices or off-site.  If necessary we can even visit you at home or your place of work. We know it is important to understand each individual’s needs and is important in establish a clearly defined and mutually productive relationship.

Finally, we also consult regularly with leading Tax Consultants that ensure that our contracts and terms are fully IR35 compliant.

 

New Limited Company

 

With the support of a nominated Accountant or Tax Consultant, we will help you set up your own business, including:

  • Setting up the Ltd Company / Certificates of Incorporation
  • Setting up a Business Bank Account
  • VAT Registering
  • Ltd Company Insurance
  • Quoting, Timesheet and Invoicing Procedures
  • Running your accounts
  • End of Year Tax Returns

This is generally the best option for professionals intending to contract on a long-term basis and who are genuinely self-employed.

 

Umbrella Company

 

Considered to be a hassle free option to setting up your own Limited Company. Although you will be charged a fee every month to process your timesheets, the benefits made available to you include:

  • Tax and NI are deducted on your behalf
  • Certain business related expenses can be recovered
  • Provision of advice and support on latest legislation including IR35 and AWR regulations.

We have worked with several Umbrella and professional Accountancy providers over the years. You are of course free to utilise the services of any provider whom you choose; however based on outstanding levels of service received to date coupled with expertise in dealing with contractors, we are happy to recommend the following two providers

  

Guardian Contracts

Umbrella Services

Pride Logo 3

Tax Advisors

 

 

Both are happy to discuss any aspect of their service offering, be it a beginner’s introduction to contracting or a more complex query that may need addressing.

Please note – we have no contractual arrangement or referral scheme in place with either supplier. Any advice that you choose to take is entirely your responsibility and we encourage you to seek independent advice if in doubt.

Consilium - Key Stats

The following figures are based on actual performance and surveys over the past year.


Consilium contractors paid on time, every time

100%

Our employees feel suitably empowered and rewarded for their efforts

94%

Job seekers who would recommend us

84%

CV submissions that lead to interview

72%
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