Been offered a pretty good umbrella with 82% retention, can I just settle my bills with HMRC etc and close my co ?
- 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!
Bin Ltd co ?
Collapse
X
-
-
Walk away.Originally posted by scot View PostBeen offered a pretty good umbrella with 82% retention, can I just settle my bills with HMRC etc and close my co ?
But for peace of mind... Do more research in to it. Is it offshore, on a loan basis? Have you done your own sums to see how they will do this for you?
Do you think any of us would have Ltd's if there were umbrella's around giving that (legitimately)?'CUK forum personality of 2011 - Winner - Yes really!!!!
-
WHSOriginally posted by northernladuk View PostWalk away.
But for peace of mind... Do more research in to it. Is it offshore, on a loan basis? Have you done your own sums to see how they will do this for you?
Do you think any of us would have Ltd's if there were umbrella's around giving that (legitimately)?
All that glitters is not gold. It's always safer to be in charge of your own destiny(and accounts!)What happens in General, stays in General.You know what they say about assumptions!Comment
-
It's offshore,Jersey,and loan based. My accountant suggested it and he's been pretty straight so far.
Thanks for the replies.Comment
-
He's doing himself out of a job though.Originally posted by scot View PostIt's offshore,Jersey,and loan based. My accountant suggested it and he's been pretty straight so far.
Thanks for the replies.
Ahh, ask him how much his referral fee is...Free advice and opinions - refunds are available if you are not 100% satisfied.Comment
-
IMO, you'd be insane to do that, but it's a free world, at least read some of the threads on here though first.Public Service Posting by the BBC - Bloggs Bulls**t Corp.
Officially CUK certified - Thick as f**k.Comment
-
WHS.Originally posted by Wanderer View PostHe's doing himself out of a job though.
Ahh, ask him how much his referral fee is...
Very odd.What happens in General, stays in General.You know what they say about assumptions!Comment
-
If it's too good to be true...you know what to do______________________
Don't get mad...get even...Comment
-
You are welcome to do it but don't forget the money will not be yours. It could go wrong in 100's of little ways including the directors of the Jersey company giving themselves a very big pay check.Originally posted by scot View PostIt's offshore,Jersey,and loan based. My accountant suggested it and he's been pretty straight so far.merely at clientco for the entertainmentComment
-
Ask your accountant, I'm sure he'll simply wrap up your accounts and do all of the necessary paperwork with HMCR.Originally posted by scot View PostBeen offered a pretty good umbrella with 82% retention, can I just settle my bills with HMRC etc and close my co ?
We await your return to the forum in a years time with interest."I can put any old tat in my sig, put quotes around it and attribute to someone of whom I've heard, to make it sound true."
- Voltaire/Benjamin Franklin/Anne Frank...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

Comment