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April 5th Changes

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    #11
    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.

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      #12
      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.
      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.

      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

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        #13
        Originally posted by jh0711
        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.

        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

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          #14
          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!


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            #15
            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.

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