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Umbrella Company vs Own Company

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    #11
    Originally posted by ANSOF View Post
    50% seems very low, I have worked with umbrella companies before and i have come out wtrh around 85% of my gross income.
    50% is way too low but 85% is way too high. I would keep an eye out for

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      #12
      Originally posted by ANSOF View Post
      50% seems very low, I have worked with umbrella companies before and i have come out wtrh around 85% of my gross income.

      There are benefits of having your own limited company tho, one of my friends works with Danbro ltd, an accountancy company. They seem relaible and set up is quick and easy.
      Let me guess, you work for this company that you name at every turn?

      85% retention is unlikely unless you're using an esoteric tax planning scheme that will get shot down or your expenses are wildly high.

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        #13
        Originally posted by TykeMerc View Post
        Let me guess, you work for this company that you name at every turn?
        He only mentions them in 25% of his posts.
        Down with racism. Long live miscegenation!

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