FAQs
What makes Black Diamond Umbrella unique?
Black Diamond Umbrella provide a clear expenses policy and give our employees all appropriate benefits. We always make payments within our agreed timescale. We do not 'hold-over' expenses to the end of the month, or delay contractors' payments. We aim to guarantee the service you receive is first class.
Are there any risks involved working with Black Diamond Umbrella?
No. Black Diamond Umbrella offers a solution that is compliant to both IR35 and the Budget Legislation entitled "Tackling Managed Service Companies".
Who will assist me with any queries I have?
We are here to help with any query you may have between 9am and 5pm Monday to Friday. We operate a voice mail service outside these hours. We guarantee to respond to any messages the next working day. We also have an enquiries email that is check on a daily basis, please send any questions to enquiries@blackdiamondumbrella.co.uk
Is there a scale charge relating to different earning thresholds?
No, our charge is £13.50 per week or £54.00 per month.
Do Black Diamond Umbrella require a set-up fee or any additional payments from me?
No. You only pay our agreed fee when we process your timesheet.
How much money can I save by using Black Diamond Umbrella?
Savings are based upon an individual's personal circumstance. Feel free to contact our illustration team who will be happy to provide your personal savings details. You can also go to our Benefits Calculator which will show the savings you can make!
Why should I choose Black Diamond Umbrella?
Our service is professional, reliable, tax efficient and IR35 compliant. We remove the hassle of running a limited company and save you money.
How do I get paid?
We ask that you fax us a weekly or monthly timesheet, expenses claim form and relevant receipts if necessary. We have an agreement with the HMRC covering most expenses which dispenses with the need to provide receipts. Payment is made via BACS to your bank account.
How do I know I have been paid accurately and on time?
We post a payslip to your designated address. The payslip details your gross pay, all deductions, your net pay and the payment date.
How often do I get paid?
You can choose to be paid either weekly or monthly. Weekly paid employees are paid each Friday. (When Friday is a banking day) Monthly paid employees are paid no later then 5 working days after the last working day of the month, for work carried out the previous month.
What happens if I am off sick, do I receive sick pay? If so, do I have to repay it when I return to work?
As an employee you are entitled to Statutory Sick Pay. This does not have to be repaid.
What happens when my contract ends?
We issue your form P45.
How soon can I join?
You can join right away. Contact us.
