Alternative to Norla Consulting

[Alan @ BroomeAffinity]

>Surely, anybody can see that if you earn £250 per day and pay 18% something is way wrong.

In what way?

>What part of the income is non-taxable?

pension? expenses?

QB.

It says you keep 82% of the income. You don't keep it if you pay it out in pension and expenses.

Its an EBT or some such nonsense. The non-taxable income - I would bet - is in the form of a non-repayable loan and I think we all know that this is not to be recommended.

[ProfContractor]

Their website mentions...

'Tax efficient bonus scheme'

Does this mean it uses some form of Offshore element? EBT maybe?

They have a range, including Isle of Man, but also helping with a limited company which I also looked at (it's your company, they just help with the paperwork and admin), it just depends on your status. For me the one that works is their salary package. Just give them a call, they're a nice bunch and won't do the hard sell. They're careful about checking everything is above board, which to me means I can sleep easy because I'm not interested in risking what I've earned, especially at the moment with what's going on!

[dezze]

They have a range, including Isle of Man, but also helping with a limited company which I also looked at (it's your company, they just help with the paperwork and admin), it just depends on your status. For me the one that works is their salary package. Just give them a call, they're a nice bunch and won't do the hard sell. They're careful about checking everything is above board, which to me means I can sleep easy because I'm not interested in risking what I've earned, especially at the moment with what's going on!

If the scheme uses an EBT or some other form of Offshore payment, you probably shouldn't be sleeping soundly. I really hope that offshore schemes prove effective, but I personally wouldn't join one now if it had an offshore element.

If this doesn't use an offshore element, can you enlighten us as to how it works?

P.S. is that call 'them' or call 'us'?

[Alan @ BroomeAffinity]

If this doesn't use an offshore element, can you enlighten us as to how it works?

Not unless you first sign a non-disclosure agreement!

[ProfContractor]

If the scheme uses an EBT or some other form of Offshore payment, you probably shouldn't be sleeping soundly. I really hope that offshore schemes prove effective, but I personally wouldn't join one now if it had an offshore element.

If this doesn't use an offshore element, can you enlighten us as to how it works?

P.S. is that call 'them' or call 'us'?

Call me and I'll do your intranet, call them and they'll help with your business. I was trying to help mate, and I'd rather not give you the wrong information that's all. I can wing it if you want, but better you speak direct I would think!