Since 2000 and the introduction of IR35 legislation, umbrella companies have exploded in growth. Because of the rapid growth, some companies choose to use dishonest marketing strategies, or they prey on unsuspecting contractors and charge them higher fees than necessary.

Fortunately, contractors aren't all alone when searching for a reputable company. A number of websites exist which provide detailed information regarding different umbrella companies. Following are a few of the more prominent websites:

1. ContractorSupermarket.info - This website provides detailed ratings regarding some of the top companies. It also offers extensive supporting information, such as basic guides for contractors new to umbrella companies, or individuals new to the contracting work style as a whole.

2. FreelanceSuperMarket.com - User-based ratings of the top umbrella companies are available. It also offers useful functions for finding contractors, agents, agencies related to the industry, and umbrella companies. Daily news, a blog, and various financial calculators are also available.

3. ContractorsView.co.uk - This website offers extensive, detailed information on many different companies. Users can read through the various umbrella company reviews available and save their favorite reviews for reading later. An automated tool also allows contractors to fill out their pay, and receive a quote from 3 different contractor tax specialists who can help contractors save money. The site offers extensive news and detailed blog articles on topics related to the contracting industry.

4. ContractEye.co.uk - Contract Eye offers extensive amounts of detailed information. The site is primarily based on detailed guides used to help contractors find solutions related to numerous topics related to their field. Examples include tax, accountancy, financial services, and IR35 guides, among many others.

5. UKBusinessForums.co.uk - This forum provides a number of reviews based on personal experience. Individuals can also ask the community questions for specific feedback. The site also offers extensive information on a number of topics related to contractors and businesses in general.

Which Information Do Contractor's Need?

After reading this brief guide, it's up to contractors to read the brief summary of each and decide which one is right for them. However, the primary benefit for contractors is objective information regarding their industry.

While websites do undoubtedly provide invaluable advice for contractors, they are also recommended to investigate other resources such as their personal network of contacts and The Offices of Fair Trading. If all resources provided concur the umbrella company is a good option, the contractor has then most likely received sound advice.