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Which offshore scheme provider?

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    #21
    I don't think anyone here is admitting to using a "scheme" these days though there are plenty who did use one and possibly wishing they didn't now. A few years ago when IR35 was new and not well understood and the schemes hadn't got themselves into HMRC's radar, perhaps it was a reasonable decision, but not now.

    Most people here stick with a LTD company - you can get over 80% of your rate by operating as a LTD so why people would bother with the "take home 85%+" schemes where you pay zero tax to HMRC and the other 15% of your income goes to the scheme provider is beyond me....
    Free advice and opinions - refunds are available if you are not 100% satisfied.

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      #22
      Originally posted by Wanderer View Post
      I don't think anyone here is admitting to using a "scheme" these days though there are plenty who did use one and possibly wishing they didn't now. A few years ago when IR35 was new and not well understood and the schemes hadn't got themselves into HMRC's radar, perhaps it was a reasonable decision, but not now.

      Most people here stick with a LTD company - you can get over 80% of your rate by operating as a LTD so why people would bother with the "take home 85%+" schemes where you pay zero tax to HMRC and the other 15% of your income goes to the scheme provider is beyond me....
      Thats 80% cash in your hand is it?

      No I didn't think so.

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        #23
        Originally posted by Connie View Post
        Thats 80% cash in your hand is it?

        No I didn't think so.
        In that case I don't think we can help you Connie. Good luck with your search though.
        "I can put any old tat in my sig, put quotes around it and attribute to someone of whom I've heard, to make it sound true."
        - Voltaire/Benjamin Franklin/Anne Frank...

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