Hi Guys
It's not that brollies believe their fees to be tax deductible, the fees are essentially the profit on the transaction for the umbrella, so in the same way Accenture will bill out an employee for say £1000 a day and pay the employee say £500 a day, the brolly will invoice £1000 a day and pay the employee say £900 a day - leaving the balance for profit and of course employers NI
HTH
It's not that brollies believe their fees to be tax deductible, the fees are essentially the profit on the transaction for the umbrella, so in the same way Accenture will bill out an employee for say £1000 a day and pay the employee say £500 a day, the brolly will invoice £1000 a day and pay the employee say £900 a day - leaving the balance for profit and of course employers NI
HTH
Comment