Limited company to Umbrella, will that avoid ir35 issues

[SimonMac]

With the lack of expenses and potential April 2017 changes I imagine the "hassle" of running a Ltd compared to just going down the Brolly route will appeal to a lot more people

[SlipTheJab]

I have never understood why people are always banging on about it being such a 'hassle' running a Ltd, it takes me half an hr a month to keep on top of my stuff and my accountant does the rest!

[SueEllen]

I have never understood why people are always banging on about it being such a 'hassle' running a Ltd, it takes me half an hr a month to keep on top of my stuff and my accountant does the rest!

Some people find basic book keeping a hassle.

[northernladuk]

I have never understood why people are always banging on about it being such a 'hassle' running a Ltd, it takes me half an hr a month to keep on top of my stuff and my accountant does the rest!

There are more than enough horror stories on here prove its an issue. I can think of at least three posts that were in very serious trouble last year and Id be willing to bet that's the tip of the iceberg. I can't understand it either to be honest but there is very clear evidence some people can't do it.

[MrMarkyMark]

FTFY

Some people find breathing in and out a hassle.

[jamesbrown]

I have never understood why people are always banging on about it being such a 'hassle' running a Ltd, it takes me half an hr a month to keep on top of my stuff and my accountant does the rest!

I'll let you Google Darren Upton but, that aside, do you seriously think that your accountant gets it right all the time? All professionals make mistakes, myself included. However, you and YourCo are ultimately responsible for these mistakes, so you need to be able to give your accounts more than a cursory nod, and you also need to register with all the relevant online services (HMRC, Companies House etc.) to monitor things. That's why some people are better off with a brolly. It can go pear-shaped.

[SueEllen]

@MMM since there are plenty of people with respiratory illnesses your joke isn't funny.

[MrMarkyMark]

@MMM since there are plenty of people with respiratory illnesses your joke isn't funny.

Agreed, however, in context, that comment was in no way directed at them.

[SlipTheJab]

I'll let you Google Darren Upton but, that aside, do you seriously think that your accountant gets it right all the time? All professionals make mistakes, myself included. However, you and YourCo are ultimately responsible for these mistakes, so you need to be able to give your accounts more than a cursory nod, and you also need to register with all the relevant online services (HMRC, Companies House etc.) to monitor things. That's why some people are better off with a brolly. It can go pear-shaped.

Indeed which is why I go through my accounts with a fine tooth comb, in fact I found such an error in my last set (expenses attributed to the wrong category), informed the accountant and he apologised and sorted it, my point is that this is a once a year activity (well 4 times a year for VAT as well but that's easier to confirm whether its correct) and I don't find it a hassle at all, take your point that some people don't GAS and get themselves in a mess but IMO those people should have just stayed permie and picked up their paycheck once a month in perpetuity.

[jamesbrown]

Indeed which is why I go through my accounts with a fine tooth comb, in fact I found such an error in my last set (expenses attributed to the wrong category), informed the accountant and he apologised and sorted it, my point is that this is a once a year activity (well 4 times a year for VAT as well but that's easier to confirm whether its correct) and I don't find it a hassle at all, take your point that some people don't GAS and get themselves in a mess but IMO those people should have just stayed permie and picked up their paycheck once a month in perpetuity.

Fair enough, but what you describe is, indeed, beyond some people as it requires the upfront research to understand each submission and your various responsibilities as a director, not just the time spent scrutinizing each submission once you have that understanding.