Originally posted by LisaContractorUmbrella
View Post
- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
- Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
Sanzar
Collapse
X
-
-
Comment
-
Originally posted by LisaContractorUmbrella View PostYep - might join myself if all that is true. Wow! was that a pig just flown past my windowIf your company is the best place to work in, for a mere £500 p/d, you can advertise here.Comment
-
Comment
-
It's not surprising they don't give away their secret method. If they did, and it does work then lots of other firms would start offering the same service, and if it doesn't work, those who know why not would quickly spread the word across the internet so anyone doing a Google search (or HMRC looking) would see.
I'm sure some of these schemes do enable people to get paid with minimal tax deducted, but there will be two reasons why:
1) it's really clever tax avoidance (as of course it is says on the tin) and HMRC haven't figured out a way to stop it yet, or more likely.
2) it doesn't legally work, but you don't pay any tax like they tell you to, and you get away with it for a while...in which case it's no different (except with higher admin fees) to simply being paid cash in hand for everything.
If you love risk, and very little worries you, then go for it...otherwise, I'd avoid like the plague.Comment
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers
Contractor Services
CUK News
- An IR35 bill of £19m for National Resources Wales may be just the tip of its iceberg Yesterday 09:20
- Micro-entity accounts: Overview, and how to file with HMRC Nov 6 09:27
- Will HMRC’s 9% interest rate bully you into submission? Nov 5 09:10
- Business Account with ANNA Money Nov 1 15:51
- Autumn Budget 2024: Reeves raids contractor take-home pay Oct 31 14:11
- How Autumn Budget 2024 affects homes, property and mortgages Oct 31 09:23
- Autumn Budget 2024: Reeves raids contractor take-home pay Oct 31 09:20
- Autumn Budget 2024: Umbrella companies hit, Employer NICs hiked, and BADR heading for 18% Oct 30 16:54
- Autumn Budget 2024: chancellor’s full speech Oct 30 16:34
- RecExpo got told this about Labour’s Employment Rights Bill… Oct 30 09:10
Comment