i would have said a composite is probably the least stress free option, especially when Hector comes to collect tax you haven't paid for the past 6 years.....
- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
- Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
Composites
Collapse
X
-
-
For a little while longer, before HMRC's current investigations into "artificially incorporated companies formed merely to avoid paying the correct amount of tax" conclude and they are shut down and you get a bill for back tax and interest. as an employee.Originally posted by grafternot long contracting so will be interested in the majorities views because going through a composite seems like it could be pretty stress free
There are more intelligent ways to run your contracting work.Blog? What blog...?
Comment
-
I wouldnt touch a composite with a hairy stick even if it were the last option. I agree with you Malvolio they are 'artificially incorporated companies' and my bean counter says they are schemes that should be cleared by the Revenue under some anti avoidance regulationsOriginally posted by malvolioFor a little while longer, before HMRC's current investigations into "artificially incorporated companies formed merely to avoid paying the correct amount of tax" conclude and they are shut down and you get a bill for back tax and interest. as an employee.
There are more intelligent ways to run your contracting work.Comment
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers
Contractor Services
CUK News
- HMRC abandons PGMOL football referees case: Are contractors and IR35 hit? Yesterday 05:09
- Crypto tax and contractors: What HMRC’s new cryptoasset research really means Jul 1 04:03
- Crypto Tax and Contractors: What HMRC's New Cryptoasset Research Really Means Jul 1 04:03
- Profit and loss accounts set for public filing at Companies House from 2028 — what it means for your contractor business Jun 30 03:38
- UK IT Contractors: How to land Forward Deployed Engineer roles beyond Palantir, Anthropic and OpenAI Jun 29 05:52
- The 3 highest-paying software contractor jobs right now, and what they actually pay Jun 25 03:52
- The beginning of the end for Boox ‘MSC’ contractors has begun. Check back in 2031 Jun 24 06:25
- Andy Burnham as prime minister ‘would cut both ways for self-employed contractors’ Jun 23 02:18
- The 3 highest-paying software contractor jobs right now, and what they actually pay Jun 22 15:52
- Taxman tells contractors that only four new tax avoidance schemes needed avoiding in Q2 Jun 22 05:47

Comment