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Brooksons

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    #11
    From the article I posted about composites - from this site BTW, written by Lawspeed.

    A contractor operating this way appears therefore to be massively exposed to IR35 risk.

    Bob
    Listen to my last album on Spotify

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      #12
      Brookson

      I would avoid letting Brookson form a Ltd company for you, as when you come to close it they will charge you a minimum of £400 for cessation of accounts, which they fail to mention in any of their documentation

      They claim to be a tax advisor, but in my experience as a contractor only provide advice which will maximise their income, not with your best interest in mind, i.e. they advised me to open a Ltd company and use their services, even though I only had a 6 month contract with the agency I work for and now I have to pay extra for Ltd company tax returns and cessation of the Ltd company. They told me it would cost £150 priot to cessation of accounts then they change it to £400 after I have left, with no notification

      They will tell you how easy and simple it is to be a Ltd company, but in actual fact it is complicated even with their involvement and involves lots of faffing about

      Avoid forming a Ltd company, there are many umbrella companies who provide a good service and all you have to do is fill in your timesheets and expense forms, I learnt the hard way, I followed Brooksons advice!

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