So - Got pushed inside, joined umbrella, setup salary sacrifice to my SIPP to max take. Wasn't sure how long the contract would run for so maxed out contribution.
Now I am pushing the 40k limit so got in touch to cancel it, no can do they say, government say you are locked in for a year so you have to keep piling money in and suck up the tax charge, unless you have encountered a significant 'lifestyle' change.......for fcks sake.
Fck that says me, change it or I will join another umbrella and ditch yours.
So - Anyone else got snagged with this ?
Anyone recommend an umbrella ? pension flexibility not relevant as I just need the cash out now.
Cheers all
Now I am pushing the 40k limit so got in touch to cancel it, no can do they say, government say you are locked in for a year so you have to keep piling money in and suck up the tax charge, unless you have encountered a significant 'lifestyle' change.......for fcks sake.
Fck that says me, change it or I will join another umbrella and ditch yours.
So - Anyone else got snagged with this ?
Anyone recommend an umbrella ? pension flexibility not relevant as I just need the cash out now.
Cheers all
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