Newbie options

[amolkarnik]

Does anyone have any experience or opinions about joining the scheme operated by Milton Contracts (ICENI Finance)?

[freshblue]

EBT

I think they run an EBT so if you don't mind taking a risk then perhaps it will be ok. Need a bit more info tbh; how long contracting for? Intending to go back permie? How long contract etc?

[amolkarnik]

Iceni run a Forex loans scheme. They pay a small salary as PAYE and the rest is paid as loans in a depreciating currency. They buy an option which guarantees repayment of the loan and they reckon that you could receive about 80% of your billing net.

I intend to stay contracting for a long time and not go permie if I can help it. My current contract is for 4 months.