Hi Folks,
First time poster, hope I am in the right place !
I am about to return to the world of contracting after a ten year break. I am starting my first contract next month. The agency involved have sent me a Contractor Checklist online (relating to MSC regulations) to complete which asks the following 2 questions ;
1) Did you take professional advice when you commenced contracting via this company ? ('company' here meaning my own limited co.)
2) Do you “Agree” or “Disagree” to the following statement: The company (or other entity) through which you contract is as an umbrella company which directly engages you and pays all your income to you under PAYE and net of National Insurance Contributions?
I was going to answer 1) No and 2) Disagree, but I wanted to check first that there would not be any unforeseen negative impact of doing so. Does anyone have any advice to offer ?
Thanks,
pa.
First time poster, hope I am in the right place !
I am about to return to the world of contracting after a ten year break. I am starting my first contract next month. The agency involved have sent me a Contractor Checklist online (relating to MSC regulations) to complete which asks the following 2 questions ;
1) Did you take professional advice when you commenced contracting via this company ? ('company' here meaning my own limited co.)
2) Do you “Agree” or “Disagree” to the following statement: The company (or other entity) through which you contract is as an umbrella company which directly engages you and pays all your income to you under PAYE and net of National Insurance Contributions?
I was going to answer 1) No and 2) Disagree, but I wanted to check first that there would not be any unforeseen negative impact of doing so. Does anyone have any advice to offer ?
Thanks,
pa.
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