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I'm currently using an umbrella company and my contract is almost certainly IN IR35. Would there be any financial gain in forming a limited company if I stay in IR35? I'm currently taking home about 61%.
How much do you reclaim on expenses and how much do you actually spend on those expenses?
Umbrella companies, allow you (:rollin ) to reclaim generous expenses, Limited companies don’t>: Although, the reality is, you require receipts regardless of how you operate!
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