Hi there,
I am new to contracting in general and plan to move to the UK to work for around 12 months. I understand that you can take home a higher pay with a company arrangement vs umbrella, but what if you only plan to be contracting for anywhere from 6 to 12 months? Is there still value in setting up a company?
Reason I'm asking is because I would like to know if a company would still outweigh some of the benefits of an umbrella in a short term contracting arrangement e.g I believe umbrellas allow me to claim relocation expenses and living expenses, and I'd also be saving money on accounting fees of say £100 a month.
Any help greatly appreciated
I am new to contracting in general and plan to move to the UK to work for around 12 months. I understand that you can take home a higher pay with a company arrangement vs umbrella, but what if you only plan to be contracting for anywhere from 6 to 12 months? Is there still value in setting up a company?
Reason I'm asking is because I would like to know if a company would still outweigh some of the benefits of an umbrella in a short term contracting arrangement e.g I believe umbrellas allow me to claim relocation expenses and living expenses, and I'd also be saving money on accounting fees of say £100 a month.
Any help greatly appreciated
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