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Ltd Company - IR35 vs Divi's

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    Ltd Company - IR35 vs Divi's

    I've not long started my own ltd co and a new contract. I am concerned that the contract is very borderline as regards IR35...

    I was wondering how many people on here that run their own ltd company still pay tax under IR35.

    Thought a poll on the subject might be interesting...

    (Just for completeness I've added a brolly option)
    44
    Ltd company - Divi's all the way...
    93.18%
    41
    Ltd company - inside IR35, hector scares me
    4.55%
    2
    Umbrella, full PAYE
    2.27%
    1
    Last edited by Contractor UK; 7 October 2011, 12:25.
    Do what thou wilt

    #2
    No point running a limited company if you're going to work within IR35, really.
    Plan A is located just about here.
    If that doesn't work, then there's always plan B

    Comment


      #3
      Originally posted by XLMonkey
      No point running a limited company if you're going to work within IR35, really.
      You say that, but there's the flat 5% expenses saving that umbrellas dont pass on which puts you ahead of the game already, likewise the flat rate vat scheme and my accountants fee's are less than the "admin" fees I would pay at the brollies that I looked at.

      Naturally I'm doing my best to try and ensure this contract does not catch me for IR35 but if the worst comes to the worst I'm still happier running through my company since it means I'm in control of my own financial affairs etc and I'm still at least 5% up on a brolly...
      Last edited by Dark Black; 24 May 2007, 12:08.
      Do what thou wilt

      Comment

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