cancel your invoices sent for this month through Giant and set up an limited comapany up. Speak to your agency explain the situation. I am sure they will be happy to hold off and can give you good advice. Send invoices through your limited comapny and then you should get paid for the last 2 months through your limited. If your thinking of continuing contracting then its worth even if your not it is pretty easy to set up. My contract runs out mid June and I am in the same situation as you and will be using the method I have suggested my agency were happy with me. I dont want to lose out 800 quid through an umbrella.
- 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!
April 5th Changes
Collapse
X
-
-
usual ramblings of a muppet - not everyone can be arsed setting up a ltd company and also a large amount of agency contracts are caught by IR35 so setting up a LTD is just not the best option.I hope more people have your lazy attitude, so gordo will get his tax cut and stop bothering the contractors who want to run a company in a tax efficent way.
example £40 per hour high level project manager - yes go ltd
£13 per hour 1st line helpdesk - go umbrella you are likely to be controlled by the end client etc etc etc etc etc etc etc etc and thus caught by ir35
easy!!
maybe
Comment
-
Originally posted by jh0711usual ramblings of a muppet - not everyone can be arsed setting up a ltd company and also a large amount of agency contracts are caught by IR35 so setting up a LTD is just not the best option.
example £40 per hour high level project manager - yes go ltd
£13 per hour 1st line helpdesk - go umbrella you are likely to be controlled by the end client etc etc etc etc etc etc etc etc and thus caught by ir35
easy!!
maybe

you're right apart from the original message was a reply to a moan about having to go ltd.
As you say it's simple really if you're inside IR35 go brolly.
If you're outside go ltd.
If you're outside and go brolly don't moan about the fact that you have to Ltd to maximise your income - you can always [ be lazy ] stay brolly and kiss goodbye to 20-30% of you income.
Cenedl heb iaith, cenedl heb galon
Comment
-
doh oh righty then
it comes down to personal choice and life motivators - not eveyone is motivated by money - some just wanna do a job , get paid and have no hassles
if your values are being met and so your soul is being fed and you are not short of a bob or two then extyra money is not major!
Comment
-
Even if your inside IR35 you will be getting your home to work travel paid with ltd. You can kiss that goodbye with the brollies. Gordo will be
If you want the simple life be a permie and get of this board.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
- Crypto tax and contractors: What HMRC’s new cryptoasset research really means Today 04:03
- Crypto Tax and Contractors: What HMRC's New Cryptoasset Research Really Means Today 04:03
- Profit and loss accounts set for public filing at Companies House from 2028 — what it means for your contractor business Yesterday 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
- VAT compliance checks are changing — here’s what contractors need to know Jun 17 07:30

Comment