Global Contracting Umbrella solutions?

[wtod]

Hi,

Has anybody used Global for umbrella/offshore type invoicing solutions? They're advertising is plastered all over jobserve at the moment.

Have spoken to them a few times, but some things just don't add up! Just wanted to know if anyone here has had any dealings with them.

Thanks in anticipation.

[Darren@UptonAccountants]

Website

Any website link?

Offshore solutions tend to be a bit on the high risk side but can certainly have a look if you send through a weblink.

[wtod]

Hi,

thanks for the reply. They advertise from www.jobserve.com - you can't miss the ad for Global.

Any info would be great!

[wtod]

The actual link is www.global-worldwide.net and they offer a re-invoicing solution offshore. Is there anybody out there who has used them or heard anything about them?

Thanks

[Darren@UptonAccountants]

Fees

The actual link is www.global-worldwide.net and they offer a re-invoicing solution offshore. Is there anybody out there who has used them or heard anything about them?

Thanks

4-5% of invoice value taken as fees....

Wow!!! I wish we could charge such large fees!!

[Andy911]

Hello,
I also saw the advertisements from 'Global Contracting'. Does anyone work with them ?

Best regards,
Andy

[malvolio]

Tell you what - send me your invoices and I'll send you 80% of the money, less some amount to cover my accounting charges. No fees, no charges, no IR35, no S660a, no income tax, no guarantees. How can you refuse. It's on the internet, it must be kosher, it says so right there...

What? You want to know how I do it? Hey, you get 80% and no tax worries. Why should you care.

Jeez - you are kidding aren't you?

[Andy911]

Jeez Malvolino, that helps !

[malvolio]

It's not really meant to...

Read the website - there is no real detail about how they work or what they charge. I'm sure they are totally sincere, but I'm not risking my money. Plus, of course, Gordie is looking long and hard at composites in all their forms, and it would be very difficult to prove they are not a pure tax avoidance mechanism, or else you would have a "real" company of your own or work through an umbrella. While avoidance is (barely!) legal, the chances of geting reassessed as have under-declared your tax liabilities are now quite high if you are using one of the more imaginative solutions.