Hi all , would appreciate if anyone can help. Sorry if this is covering old ground.
Have been contracting for year and a half now as a cad jockey and paid via umbrella company. A very lazy set-up that since April I've realised I need to sort out.
Contract is 'IR35 friendly'.
Been using Filetravel for the past year who I must say are excellent compared to my first service provider. However since April I'm loosing almost 50% of earning to tax and Ni. And therefore I need to change to Ltd.
1. Can anyone recommend an independent accountant in or around Derby/Burton/Birmingham area, I've seen the general accountant recommendations on the forum and will use either NW or SJD if nothing better however I would prefer a local accountant.
2. Under IR35 I understand I'll be 5% better off as Ltd compared to Umbrella if I've understood the threads correctly, however many of you are saying IR35 is now greatly Ignored. Can anyone explain further? Or is it just tax insurance?
Thanks Dave
Have been contracting for year and a half now as a cad jockey and paid via umbrella company. A very lazy set-up that since April I've realised I need to sort out.
Contract is 'IR35 friendly'.
Been using Filetravel for the past year who I must say are excellent compared to my first service provider. However since April I'm loosing almost 50% of earning to tax and Ni. And therefore I need to change to Ltd.
1. Can anyone recommend an independent accountant in or around Derby/Burton/Birmingham area, I've seen the general accountant recommendations on the forum and will use either NW or SJD if nothing better however I would prefer a local accountant.
2. Under IR35 I understand I'll be 5% better off as Ltd compared to Umbrella if I've understood the threads correctly, however many of you are saying IR35 is now greatly Ignored. Can anyone explain further? Or is it just tax insurance?
Thanks Dave
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