I first worked last year as a contractor using a composite company called PCL I was advised to use them by a work collegue at the time, everything was good about it, money etc. I was payed in a small salary & the rest in dividends.
Now, I have just started a new contract with a new client & PCL won't let me rejoin as they say their solicitors won't allow them to employ me as now work outside the Aircraft Industry, which is fair enough. So, the problem I have now is trying to find a new composite company to pay me in the same way as before, I have looked and tried all the various calculators on the umbrella companies websites, such as properity4, Parasol etc, but these all seem to operate using a PAYE salary system with no dividends, which seems a lot less take home money than I used to take home with the dividend system.
Does anybody know of any good composite companies I could try ?, Also do the Umbrella companies such as Parasol operate a composite company if you fall outside of IR35 ?, would really appreciate some advice.
Thanks
Chris8o
Now, I have just started a new contract with a new client & PCL won't let me rejoin as they say their solicitors won't allow them to employ me as now work outside the Aircraft Industry, which is fair enough. So, the problem I have now is trying to find a new composite company to pay me in the same way as before, I have looked and tried all the various calculators on the umbrella companies websites, such as properity4, Parasol etc, but these all seem to operate using a PAYE salary system with no dividends, which seems a lot less take home money than I used to take home with the dividend system.
Does anybody know of any good composite companies I could try ?, Also do the Umbrella companies such as Parasol operate a composite company if you fall outside of IR35 ?, would really appreciate some advice.
Thanks
Chris8o
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