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Consultant Technologies - anyone used them?

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    Consultant Technologies - anyone used them?

    Hi All,

    After being made redundant a month ago I have just taken my first contract back at the company that made me redundant! As I am new to contracting I am looking to set up an umbrella arrangement for a couple of months while I get myself settled in the contract with a view to setting up as a Ltd and securing another couple of contracts.

    I have contacted a number of umbrellas such as GIANT, LibertyBishop, Parasol and contractorumbrella.com - all of which offer a very similar service with a slight variation in charges and benefits. I have also stumbled across an umbrella style company called Consultant Technologies, they seem to have an innovative business model that means a contractor will see a lot more of their hard earned cash in their take-home while still being IR35 compliant AND paying the tax and NI.

    Question is - has anyone used Consultant Technologies? is the method above board and legal? would I opening myself up for any kind of liability from the company or IR?

    #2
    All umbrella arrangements are less financially attractive than yor own ltd co so I'd suggest that you go your own way. It doens't take long and it isn't difficult.

    Comment


      #3
      Originally posted by initforthekids View Post
      Question is - has anyone used Consultant Technologies? is the method above board and legal? would I opening myself up for any kind of liability from the company or IR?
      Legal? Yes.
      Risky? Yes. If HMRC find something wrong with CT's scheme then you will foot the bill.

      Comment


        #4
        Originally posted by initforthekids View Post
        Hi All,

        After being made redundant a month ago I have just taken my first contract back at the company that made me redundant! As I am new to contracting I am looking to set up an umbrella arrangement for a couple of months while I get myself settled in the contract with a view to setting up as a Ltd and securing another couple of contracts.

        I have contacted a number of umbrellas such as GIANT, LibertyBishop, Parasol and contractorumbrella.com - all of which offer a very similar service with a slight variation in charges and benefits. I have also stumbled across an umbrella style company called Consultant Technologies, they seem to have an innovative business model that means a contractor will see a lot more of their hard earned cash in their take-home while still being IR35 compliant AND paying the tax and NI.
        Question is - has anyone used Consultant Technologies? is the method above board and legal? would I opening myself up for any kind of liability from the company or IR?


        Tell me more about this innovative business model. There's nothing about it on their website, just looks like a load of marketing guff...
        ǝןqqıʍ

        Comment


          #5
          Originally posted by initforthekids View Post
          After being made redundant a month ago I have just taken my first contract back at the company that made me redundant!
          Doesn't that mean you can do them for unfair dismissal (if you so wished)?
          Drivelling in TPD is not a mental health issue. We're just community blogging, that's all.

          Xenophon said: "CUK Geek of the Week". A gingerjedi certified "Elitist Tw@t". Posting rated @ 5 lard points

          Comment


            #6
            Originally posted by BrowneIssue View Post
            Doesn't that mean you can do them for unfair dismissal (if you so wished)?
            Worth looking into if it's technically the same position.
            Eat Right, Exercise, Die Anyway.

            Comment


              #7
              Originally posted by BrowneIssue View Post
              Doesn't that mean you can do them for unfair dismissal (if you so wished)?
              Slightly more complicated situation behind the circumstance, spoke with an employment solicitor who thinks that I will make more contracting there for a few months than I would taking them to court. Also, during the redundancy period they are able to show 'good intent', which despite the fact that they did actually breach the law may/would be favourably viewed in court.

              To be honest I could spend 3 months a couple of grand pursuing the claim and get back little more than the cost of claiming!

              Comment

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