With the increases to the minimum wage and National Insurance announced in the Autumn Statement, the minimum umbrella rate will be approximately £16.25 per hour from April 2025.
This is based on:
• Minimum wage: £12.21/hour
• Profit margin: Varies by umbrella company
Want to understand how the umbrella model works, how rates are calculated, and the compliance risks involved?
💼 Speak to SHC Group: info@shc.group
With many years of experience in the Recruitment & Umbrella sector, including as former company owners, SHC can guide you every step of the way.
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