The Compliance Files: What is an umbrella company?

Dave Chaplin and Crawford Temple from Professional Passport explain what an umbrella company is, how they work, and how they compare with agency payroll, including benefits, drawbacks and where they fit in the supply chain.

This is the first in a series of video discussions on umbrella companies and compliance. We explain what an umbrella company is, how they work, and how they compare with agency payroll. The reasons for umbrellas are explained, together with the benefits for all parties in the supply chain and how to ensure it is being run compliantly.