Umbrella Plus > Optimised Earnings
Umbrella
Optimised Earnings

We want you to get the most out of working with Crest Plus Exchange Limited and to optimise your earnings.

Umbrella Plus

As an employee of an umbrella company, you are entitled to claim for legitimate business expenses incurred while working on assignments through Crest Plus Exchange Limited.

In order to comply with HM Revenue & Customs rules, expenses can only be paid without deducting tax if they are incurred wholly, exclusively and necessarily in the performance of your duties and if the site where you are conducting your assignment is considered to be a temporary workplace. If you do not claim, you may be missing out. No expenses incurred for private or non-business purposes are allowable.

How do expenses work?
We can pay travel, accommodation and subsistence expenses without deducting tax if the site where you are conducting your assignment is considered to be a temporary workplace. A site will qualify as a temporary workplace if:

  • You are expected to work there for less than 24 months. If at any time it becomes clear that you will work at a particular site for more than 24 months, you will have to stop claiming expenses from that time. Any time that you worked at the site before you started to work for Crest Plus Exchange Limited is included in the 24-month period.
  • You are expected to work at more than one site whilst employed by Crest Plus Exchange Limited. A workplace would be deemed to be permanent if it is the only site where you work whilst employed by Crest Plus Exchange Limited.

Processing Claims
In order for your expenses to be processed promptly, the form must reach us by the Wednesday after the week in which they were incurred. The form must be completed correctly, include all relevant receipts and be signed and dated by you the employee. If the forms are incorrectly completed, they will be returned to you for amendment.

You must endeavour to submit Expense Claim Forms on a weekly basis. If you send in a backlog of expense claims, we will be unable to process them in a single week.

If you do not claim, you may be missing out.

We deliver cumulative tax calculations: if you miss a week’s work, you will benefit from an improved tax allowance in the next week that you work.

Crest Plus Exchange Limited pays employees on a PAYE basis and gives them the right to benefit from all normal statutory entitlements, including Sick Pay, Maternity Pay, Paternity Pay, Adoption Pay and Holiday Pay.

Contracting Calculator
For a basic calculation of how you could optimise your earnings through Umbrella Plus, please take a look at our Contract Calculator or contact us.

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