New one for the 90% brigade or....

[northernladuk]

What's going on here. Got spammed by another 90% offering.. Loving the explanation in this one..

Your Ltd Company invoices your agency/client for payment
You deduct an amount for your salary and any expenses
Remaining profit is allocated to the tax protected vehicle, instead of paying corporation tax
Further tax charges are not applicable through the tax vehicle
Funds in the vehicle are distributed, allowing you to retain up to 90% of your gross contract rate

The last three lines are just

[cojak]

That's just illegal surely! Why aren't these crooks arrested for the frauds they are??


Ooh it makes my blood boil!

[northernladuk]

That's just illegal surely! Why aren't these crooks arrested for the frauds they are??


Ooh it makes my blood boil!

Agreed. Got a bit of time on my hands so might follow these through by reporting them and see how the process works just out of interest.

[moggy]

I called up a different company mentioned on here a few days back, theirs was a min wage, then a loan that was never paid back. not quite 90% but pretty close. Very shady.