I've been contracting 6 years & worked through an umbrella for that time, several times I have considered a Ltd but have always stayed Umbrella.
For me the extra work of running a Ltd and I mean work mentally and paperwork wise, wondering whether I am in/out of IR35, is hector going to knock, contract checks etc etc I just decide every time to stay as I am.
Yes I may lose out money wise a bit but the fact I can just get on and think about things I would prefer to be thinking about and doing not have work yet more on my mind suits me fine as a trade off.
For me the extra work of running a Ltd and I mean work mentally and paperwork wise, wondering whether I am in/out of IR35, is hector going to knock, contract checks etc etc I just decide every time to stay as I am.
Yes I may lose out money wise a bit but the fact I can just get on and think about things I would prefer to be thinking about and doing not have work yet more on my mind suits me fine as a trade off.
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