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Re: PaySchemePlus and NoLongerLimited services

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    Re: PaySchemePlus and NoLongerLimited services

    Hi,
    Has anyone ever heard of these companies and are they valid/viable propositions? I'm hoping to move into the contracting field and these companies claim to maximize your contract value.
    Any information will be greatly appreciated!

    #2
    ?

    Never heard of 'em, any url's for us to look at?

    Comment


      #3
      Re: ?

      yeah sure.
      www.payschemeplus.com
      www.nolongerlimited.com

      Comment


        #4
        Re: ?

        The first one looks a bit iffy, ever read the CFP/Dignatio thread on here? I'm sure the accountants on here will advise better tho, not sure how the other one works but does not look as bad.

        Comment


          #5
          Re: ?

          You have two choices really - umbrella or own Ltd Company.

          Umbrella's all work in the same way (despite what they may advertise!), and fees range from £40 a month to up to 6% of earnings. Look for service levels, and make sure they keep your money in trust, just in case.

          Comment


            #6
            Re: ?

            Umbrellas don't all work in the same way. I can think of 3 variations off the cuff:

            1. Offshore/EBT/Avoid IR35 schemes

            2. PAYE

            3. Composite

            Comment


              #7
              re:

              Thankx for the advice, I will try and get more information if I can

              Comment


                #8
                Re: re:

                Sorry, should have been more specific:

                "You have two sensible choices really - umbrella or own Ltd Company.

                Comment

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