Your pay is in good hands.

At Parasol, our goal is to help you get the most out of your pay packet, quickly.
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We will never share your info with anyone

4.7 out of 5
(400+ reviews)

AVOID PENALTIES.

We'll file your company accounts in 48 hours, making sure your business is up to date and back on track. No need to worry.
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We will never share your info with anyone

4.8 out of 5
(400+ reviews)

Holiday pay & pension

Get the benefits of employment, including maternity pay, holiday pay & pension contribution.

Same day pay

We guarantee to pay you on time and on the same day when we have all the necessary information. 

Exclusive discounts

With us, you'll be able to save up to £1,800 a year with our rewards platform.

Join thousands of contractors who trust Parasol

With over 20 years of experience, we have helped thousands of contractors, get paid. Our seamless, stress-free payroll solution allows you to focus on the important things, while we handle the rest. Discover why so many customers rely on us for their financial peace of mind.

Always improving

The team at Parasol are friendly, helpful and really do go out of their way to provide support. Everything on the system is manageable and traceable. Been with Parasol over 10 years, they always improve.

Errol Velinor
Great customer service

Been with Parasol for only a few months and had some queries about the detailed payslip and pension contributions. Discussed this with Andy who went through it patiently. Highly recommended.

Steve Waterman
Just starting out...

Having just started with Parasol and being new to contracting, I've found their responsiveness to my many questions has been extraordinarily helpful. Thanks again!

Sophia Caramanoff

Three easy steps to getting paid

Step 1: Sign up

You just need to give us some details, including employment information and we'll get you signed up.

Step 2: Submit Timesheets

You’ll submit your timesheets or invoices, we'll process your payments and make any deductions.

Step 3: Get paid

We'll transfer your income directly to your bank and you can focus on the important things.

Common questions answered

What is an umbrella company?
An umbrella company employs contractors working on temporary assignments or contracts. Joining a compliant umbrella company gives you the chance to enjoy increased flexibility, while taking advantage of the rights and benefits a permanent employee would typically receive.
What are the advantages of an umbrella company?
There are a variety of benefits to joining an umbrella company. You will enjoy the same protections as any other employee and may be able to claim tax relief on some business costs and expenses – subject to the SDC status of the assignment. Depending on the Umbrella Company, you may be able to benefit from reward schemes, private healthcare plans and referral incentives.
Should I use an umbrella company or a limited company?
This depends on a variety of factors. The assignment rate, IR35 status of the assignment and duration of the contract will all impact on this decision. An umbrella company may be better if you are new to contracting and intend to be contracting for a short period of time, or your contract is inside IR35.
Does using an umbrella company free up my time?
Using a compliant umbrella company will mean that you are an employee and therefore there will be minimal administration. Simply fill in your timesheet online and the umbrella company will do all of the rest.
Will I still need insurance?
As your employer, the umbrella company will need to ensure that you are covered by their insurances. At Parasol, we provide employees with Professional Indemnity, Employers' Liability and Public Liability Insurance.

Get in touch today

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We will never share your info with anyone

4.5 out of 5
(500+ reviews)