Company Information

Get to know Sameday Pay Umbrella

Sameday Pay Umbrella is an intermediary employment service designed for UK contractors. The company acts as a contractor's employer, handling all payroll, tax, and National Insurance (NI) deductions on their behalf. This model simplifies administration for freelancers and ensures compliance with UK tax legislation, such as IR35. Their core mission is to provide a hassle-free and efficient payment process, often on the same day funds are received from the end-client or agency, while also offering statutory employment benefits like sick pay and holiday pay.

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Sameday Pay Umbrella

United Kingdom

Founded in

2019 (7 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

Security Information :

BVI FSC

Security Information

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.