Advice on employee loans and HMRC
Hi,
I am (soon to be) new to contracting and could really do with some advice regarding how to avoid IR35. I've contacted a number of companies who claim
to offer up to 90% of rate and be outside the IR35. These take the form of a monthly loan which is never paid back. So are these legit or will the HMRC
come calling and are they the same as EBTs that are mentioned on this site.
This is one I have recently contacted w ww.extralimited.com/ who say their scheme is a "Legal Tax Counsel Opinion" and is completely different to an
EBT, have to say it sounds similar to me.
I will work for a single employer at their offices and travel there each day. Obviously I have no holiday, sickness, pension nor health.
Thanks in advance.
Hi,
I am (soon to be) new to contracting and could really do with some advice regarding how to avoid IR35. I've contacted a number of companies who claim
to offer up to 90% of rate and be outside the IR35. These take the form of a monthly loan which is never paid back. So are these legit or will the HMRC
come calling and are they the same as EBTs that are mentioned on this site.
This is one I have recently contacted w ww.extralimited.com/ who say their scheme is a "Legal Tax Counsel Opinion" and is completely different to an
EBT, have to say it sounds similar to me.
I will work for a single employer at their offices and travel there each day. Obviously I have no holiday, sickness, pension nor health.
Thanks in advance.
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