Your views please on this umbrella

[MPwannadecentincome]

As you're new, and it's the New Year, I'll be a bit nicer and give you probably the most useful tip ever that some daft contractors still ignore:

IF IT SEEMS TOO GOOD TO BE TRUE, OR YOU'RE ASKING YOURSELF "What's the catch?", THEN IT PROBABLY IS AND YOU SHOULD AVOID IT UNLESS YOU'RE CONVINCED 100% BY A REPUTABLE INDEPENDENT PROFESSIONAL THAT IT'S LEGIT.

If you choose to ignore your gut instinct about something being too good to be true then most likely you'll get stung while the organisers walk away with a shrug to their next "QC approved scheme". That said, it's your money and your orifices when the tax men come round for a friendly chat.

A further guiding rule: IF YOU'RE DRAFTING A THREAD ON HERE ASKING WHETHER SOMETHING IS LEGALLY, ETHICALLY OR MORALLY WRONG OR IN SOME WAY SUSPECT THEN YOU CAN SAVE YOURSELF THE TIME BY THINKING ABOUT A PAGE FULL OF "yes" OR "Don't be so daft" REPLIES.

Good advice, shame new contractors don't come to these forums first before setting themselves up, its not easy for a newbie to avoid going to the nearest "professional advisor" who happens to be the conveyor of some dodgy scheme and be none the wiser until its too late, I am sure there are those "advisors" who are preying on these newbies....

[ajk]

Thank you I am learning more and more

[Wanderer]

Thank you I am learning more and more

Lots more information can be found in the HMRC Scheme Enquiries part of the forum.