Marcus S – Contractor

admin — Wed, 07 Dec 2011 11:39:58 +0000

Bedouin offer a fantastic service which allows me to do my job without the worry of escalating admin. It’s so simple to deal with Bedouin and the service is fast and reliable every time. Bedouin offer a first class service every time and this will be my 3^rd year using their services. I would highly recommend Bedouin

Simone M – Nurse

admin — Tue, 06 Dec 2011 11:39:35 +0000

I have nothing but praise for the team and their support throughout my employment with Bedouin and will continue to use them as Bedouin make contracting and being paid such a smooth process. My account manager offer’s true professionalism and efficiency in ensuring that my needs are dealt with to a high standard. Anyone looking for maximum retention and great customer service will not be disappointed with Bedouin.

Roger B – Engineering Contractor

neilbagshaw — Mon, 05 Dec 2011 19:49:14 +0000

Submitting my details to Bedouin is a breeze. I don’t have to complete any expense forms, and all my needs are dealt with. Using the Bedouin employed structure has been the best contractor service and experience so far. I have used several umbrella style companies and not one has been up to the Bedouin experience. They actually take of their contractors and staff” I would recommend Bedouin to anyone.

Karl K – Doctor

neilbagshaw — Mon, 05 Dec 2011 18:50:34 +0000

I work long hours as a doctor and as duty to my patients, I don’t have time to complete an abundance of forms. Using Bedouin has been easy! My account manager knows my requirements and her attention to detail is second to none. In my line of work you have to adhere to high standards and competence in mind and I am always confident that Bedouin deliver. I have recommended fellow colleague’s to Bedouin many times and will continue to do so!

Richard A – Digital Media Contractor

neilbagshaw — Sun, 04 Dec 2011 19:52:03 +0000

This was my first role as a contractor and spent many weeks researching my options between using and Umbrella Company or setting up my own Ltd company. My decision was quickly made to use Bedouin as most umbrella companies wanted me to complete lots of expense forms while the Ltd Company was just far too time consuming for just myself in the business. Plus the contract retention was far higher than using either of the other options.

Bedouin Tax Calculator

gregdickson — Mon, 07 Feb 2011 14:12:46 +0000

We are one of the few companies in the Market place that is transparent with our Calculator.
Once you hit Submit you will be shown in detail how much better off you are with Bedouin.

Contractor Investments and ISAs

gregdickson — Tue, 24 Aug 2010 11:58:50 +0000

You can help maximise the potential of your investments with a wide range flexible solutions for Contractors. The extensive experience of the IFAs at ContractorFinancials means that they can search thousands of investment funds to find the right solutions for you.
One of the most popular investment routes amongst Contractors is an Individual Savings Account (ISA) because of its significant tax breaks and flexibility. There are a number of key benefits for an ISA investment:

You can invest up to £10,680pa each year into an ISA account with up to £5,340pa in a cash ISA. As of November 2011, Contractors can also invest up to £3000pa in a Junior ISA on behalf of a child which they can then access on their 18th Birthday.
There are a wide range of ISAs to choose from so you can find the best solution to your needs
ISAs offer flexible investments with options that are suitable for short, medium and long term needs. With most you can draw out your savings at any time.

Make the most of your savings
With HMRC’s continuing efforts to remove the tax breaks available to Contractors, now more than ever it is important for you to take advantage of the few remaining options available.
Equity ISA
Investing in an equity ISA is one of the most popular routes and stock market based investments historically offer the best returns as long as you can accept that your funds may fluctuate in value from one year to the next. It is often best to consider a minimum time horizon of five years or more so that your savings have a chance to grow and hopefully ride out any dips in the stock market. ContractorFinancials search thousands of options to short list the funds that have a history of positive performance and strong prospects.
You have the option to invest in a lump sum however the advisers will recommend that you use monthly contributions to spread the risk of market fluctuations and avoid the end of tax year rush.
Cash ISA
For investors with a low risk tolerance or those that need to have access to their savings in the short term, a cash ISA would probably be more suitable as savings they invariably offer instant access. With cash ISA you should benefit from a higher interest rate than you would gain in an ordinary High Street savings account because banks view ISA investments as a longer-term commitment and reward this with extra interest.
Protected ISA
Offering a compromise between the cash and equity ISAs, a protected ISA tracks the stock market but it carries protection for the underlying value of the fund. This allows Contractors to benefit from some of the potential for growth in equity ISA with the security of a cash ISA.
Pension or ISA?
Ideally both if affordable, as the pension offers substantial up-front tax breaks whilst ISAs offer accessibility. This ability with an ISA to access your savings at any time carries dangers though as you are more likely to take money out leaving no long term nest egg. In most cases the pension cannot be accessed until you are 55 which ensures you will have money for your retirement.
What next?
Contact Bedouin Money on 0845 519 2 888 or via the form below and one of the independent mortgage specialists will discuss your needs, You will then be emailed recommendations which can be discussed in more detail. You will be assigned a dedicated contact to handle your case personally who will help ensure that your application runs smoothly.

The value of investments may rise as well as fall and past performance is not a guide to future returns.
Financial advice is given by Contractor Financials, which is a trading name of Contractor Financials Ltd and is regulated and authorised by the Financial Services Authority.

Contractor Pension

gregdickson — Tue, 24 Aug 2010 11:56:05 +0000

The Bedouin Money Pension Scheme is a key element in ensuring that you work as tax efficiently as possible. You save tax and NI today whilst ensuring you build up a nest egg for your future

Funded via employer contributions direct from your gross contract
Uniquely avoids Employers and Employees national insurance as well as income tax
Benefit from 39% tax relief on contributions
No initial set-up fees so all of your money is invested
Penalty free payment holidays
Move the pension to a new employer if you change jobs or continue to invest personally

A Flexible Approach
The Bedouin Money group personal pension scheme offers complete flexibility so you can take penalty free payment holidays when it suits you. It also offers low admin charges and a wide range of funds to help ensure that your investment reaches its full potential.
The independent advisers at ContractorFinancials can help you to take advantage of the more relaxed pension rules that came into force in April 2006, maximising your investment potential and reducing your tax bill as a result. They can also help consolidate any existing pensions that you may have from previous jobs and ensure that your funds are in the right area to exploit growth potential and minimise risk
If you choose to leave Bedouin at any time then you can stop the pension or transfer your plan to your new employer. Alternatively, you can continue funding as a personal investment
Invest in a pension to reduce your salary to minimum wage
Using a salary sacrifice agreement, the scheme can allow you to take as little as the minimum wage as taxable wages and as long as your payroll fees are covered all other income can be diverted into the pension.

Important Information
The information provided above is factual and does not consider your personal circumstances. We advise you to read the information provided and decide whether or not the plan appeals to you as we are not advising that the plan is suitable for you.
Bedouin has instructed ContractorFinancials to set up and administer the plan. As Independent Financial Advisors they will be able to answer your questions and give advice as to the suitability of the scheme. If you are unsure as to whether the Bedouin Money scheme is right for you then you should seek expert advice.
If you consider joining the scheme then Contractor Financials will provide you with a personal illustration and a document outlining the key facts of the contract to give you a better understanding of the benefits of the plan.
Contact Bedouin Money on 0845 519 2 888 or via the form below and one of the independent mortgage specialists will discuss your needs, You will then be emailed recommendations which can be discussed in more detail. You will be assigned a dedicated contact to handle your case personally who will help ensure that your application runs smoothly.

The value of investments may rise as well as fall and past performance is not a guide to future returns
Financial advice is given by Contractor Financials, which is a trading name of Contractor Financials Ltd and is regulated and authorised by the Financial Services Authority.

Private Medical Insurance

gregdickson — Tue, 24 Aug 2010 11:52:30 +0000

Avoid NHS waiting lists and have a chance to make a speedier recovery with Private Medical Insurance
As a Contractor you are reliant on being able to get to your client site tomorrow so an unexpected illness can really set you back financially. With private medical insurance you benefit from good quality treatment when you need it so you can get back to work as quickly as possible.
Special terms for Bedouin Money clients
ContractorFinancials have negotiated special terms for Bedouin clients and their families with WPA, a recognised health insurer that has won numerous awards in the field. With this experienced provider you can gain immediate cover as soon as you join and benefit from up to 45% discount on premiums. With WPA you have the freedom to choose your hospital and your premiums are guaranteed not to increase if you make a claim.
What next?
Contact Bedouin Money on 0845 519 2 888 or via the form below and one of the independent mortgage specialists will discuss your needs, You will then be emailed recommendations which can be discussed in more detail. You will be assigned a dedicated contact to handle your case personally who will help ensure that your application runs smoothly.

Financial advice is given by Contractor Financials, which is a trading name of Contractor Financials Ltd and is regulated and authorised by the Financial Services Authority.

Critical Illness Protection

gregdickson — Tue, 24 Aug 2010 10:37:36 +0000

Bedouin appreciate that the high stress levels that Contractors sometimes work under can mean that they are more susceptible to conditions such as heart attack, stroke and cancer.
Whilst it is hard to avoid these now common illnesses there is an easy way to financially protect yourself if the worst should happen.
ContractorFinancials can help you to arrange a critical illness cover that will protect you from the financial consequences of falling ill, leaving you to concentrate on getting better. This cover can do more than just settle debts or an outstanding mortgage; it will pay out a lump sum on diagnosis that can help you to pay for medical bills, adjustments to your lifestyle to help you cope with the illness, or simply pay for a holiday to recharge your batteries.
What are the benefits?

Critical Illness cover pays out on diagnosis of a condition rather than on death so that you can make use of the money whilst you are recuperating.
Can help you fund changes to your car or home to help you keep your independence so that your life remains as normal as possible if your mobility is reduced and.
The critical illness policy will repay outstanding debts or mortgage loans

How does it work?

With Critical illness cover you will receive a single payout on diagnosis, which is non-refundable even if you return to full health.
Like life cover, you can arrange your critical illness policy to cover you for a fixed term such up to retirement, or for the whole of your life.
You also have the option of decreasing term assurance (DTA) when the amount of cover decreases over time.
Contractor Financials are Independent Financial Advisors regulated by the FSA so they are able to search the whole of the market to find the best cover for your needs. They only work with insurers that have a history of paying claims and offer an affordable cover for contractors for the duration of the policy.
Critical illness is best used in conjunction with Income Protection (Private Health Insurance) which will give you a monthly income if you are injured or become too ill to work and will continue to pay until you return to health.

ContractorFinancials are Independent Financial Advisors so they are able to search the whole of the market to find the best cover for your needs. They only work with insurers that have a good history of paying claims and offer affordable cover for the duration of your time contracting.

What next? Contact Bedouin Money on 0845 519 2 888 or via the form below and one of the independent mortgage specialists will discuss your needs, You will then be emailed recommendations which can be discussed in more detail. You will be assigned a dedicated contact to handle your case personally who will help ensure that your application runs smoothly.

Financial advice is given by Contractor Financials, which is a trading name of Contractor Financials Ltd and is regulated and authorised by the Financial Services Authority.