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Procorre consulting

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  • eek
    replied
    Originally posted by LisaContractorUmbrella View Post
    No there aren't
    As a limited company it may just about be doable. I think if I include expenses as part of my take home pay (which makes sense if you compare them to a permanent job, and it allows me to do the figures without looking at my accounts) I paid 17% in corporation tax last year so took home 83%.. That could have been a percentage or 3 higher if I put more in my pension...

    So a properly set up limited company can (if you are married, and not on a £600+ daily rate) provide a very decent return even when you are very conservative with your expense policy.

    You are right that a fully legal UK umbrella cannot but a legal UK company could....

    Leave a comment:


  • LisaContractorUmbrella
    replied
    Originally posted by uk contractor View Post
    There are several 100% HMRC compliant 100% legit UK Based Umbrella Accountants who comply with all current UK tax laws onshore = 82-84% take home salary.

    When I asked Procorre a few months ago they were deliberately vague on how "onshore" they are & refused to disclose anymore info to me until I signed up with them so draw your own conclusions from that!
    No there aren't
    Last edited by administrator; 18 March 2016, 13:28. Reason: Fix quote

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  • uk contractor
    replied
    There are several 100% HMRC compliant 100% legit UK Based Umbrella Accountants who comply with all current UK tax laws onshore = 82-84% take home salary.

    When I asked Procorre a few months ago they were deliberately vague & refused to disclose anymore info to me until I signed up with them so draw your own conclusions from that!
    Last edited by administrator; 10 May 2016, 11:14.

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  • eek
    replied
    Originally posted by LisaContractorUmbrella View Post
    I think you have managed to address precisely none of the concerns raised in this thread. What 'appropriate and legal payment processes' do you use?
    and are those legal payment processes totally and utterly (100%) accepted by HMRC....

    Leave a comment:


  • LisaContractorUmbrella
    replied
    Originally posted by Procorre View Post
    Dear all
    Just to clarify - Procorre’s role is a consultancy supplying consultants to projects.

    How a consultant is paid is an administrative function based on the work they will be doing, where it is, who they are working for and how they will be paying for the consultant’s services.

    Each consultant who works with us has an individual, appropriate and legal payment process in place which will be discussed with them in light of the above circumstances.

    Speculation relating to one person or another’s situation without the full facts around this will be neither accurate, relevant or indeed appropriate.

    Thanks for taking the time to read this.
    I think you have managed to address precisely none of the concerns raised in this thread. What 'appropriate and legal payment processes' do you use?

    Leave a comment:


  • Procorre
    replied
    Dear all
    Just to clarify - Procorre’s role is a consultancy supplying consultants to projects.

    How a consultant is paid is an administrative function based on the work they will be doing, where it is, who they are working for and how they will be paying for the consultant’s services.

    Each consultant who works with us has an individual, appropriate and legal payment process in place which will be discussed with them in light of the above circumstances.

    Speculation relating to one person or another’s situation without the full facts around this will be neither accurate, relevant or indeed appropriate.

    Thanks for taking the time to read this.

    Leave a comment:


  • eek
    replied
    Originally posted by cojak View Post
    Does anyone know if Procorre Consulting is associated with Procorre Finance?
    Don't know as there is only a single result for "Procorre Finance" on google which links to the original thread on here. I reckon there must be a relationship as the business model sounds similar but there is incredibly little to go on..

    Leave a comment:


  • cojak
    replied
    Does anyone know if Procorre Consulting is associated with Procorre Finance?

    Leave a comment:


  • Andy Hallett
    replied

    Leave a comment:


  • TheFaQQer
    replied
    Originally posted by wils76 View Post
    Its to cover business expenses, travel cost etc. You can reduce it to 10% or whatever you feel you need to cover business costs.
    And therein lies the problem. It's not about picking a number out of the air that "you feel you need to cover business costs". If they are repaying expenses to the employee, then they need to match validly incurred expenses. It sounds to me like they / you just pick a number from nowhere and think "I'll have that bit tax free, thanks" - in which case, why stop at 40%, why not 100% and not pay anything at all?

    Originally posted by wils76 View Post
    Im just telling you guys what i know about it from my experience, if you want exact specific details then contact them and they will email you a full breakdown. I heard about them through Astonmae.
    It's always better to get the details from someone who is actually using them - that way people get a clear understanding of what goes on rather than some slick sales spiel which people fall for.
    Last edited by Contractor UK; 15 February 2016, 15:24.

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