Is my umbrella taking the Pi**

[KevinS]

Do you not pay both types of Ni under a LTD co then !!! i thought you did.

You do pay both types in a LTD, but you can minimise the amounts by paying lower salary and dividends (which don't attract NI)..

[tommyboy]

take home

i get about 70% return from my company, but have quite low expenses of around £50 per week. it's only for six months which is why i didn't open up my own company. i'm told this is right way - do you experienced people think so too?

[NotAllThere]

Are you only contracting for six months, on one contract, then going back to permie? Or do you intend making a career in contracting?

If the latter, you've been badly advised.

[Learned Hand]

Ermm - point of order. If you're travelling by tube, you're presumably on a dailuy commute. So how come you can claim for food? (actually I think I know, but I'm wondering if you do.)

I do not see why travelling on the tube denotes a daily commute. My journey on the tube varies to many different locations. I also often cycle so claim the £0.20p per mile for that when not on the tube.

[The Rig]

Ermyou answered your own question, you havent submitted expenses yet.


the amount you got is the norm,but if expenses were added you would have more take home.

once you submit expenses your wae take home will be much better

[Danbro]

Hi Learned Hand,

Like already suggested by others on the forum you should consider setting your own Limited Company up, providing you see yourself contracting for the longer term.

Even if you did not have that many expenses you could be coming out with at least £2291 through your own limited company which is a substantial amount more than the net figure you have been given.

did your brollie not suggest this to you out of interest?

[jo99]

touting for business?