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Oh lord....

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    #1

    Oh lord....

    Do you often feel sorry for people....

    Was speaking to a mate the other day who is working as a freelance IT guy.

    One of his quotes was scary "There is no way that I can fall subject to IR35 as I'm trading as a limited company"

    To be fair to him he is taking a fairly high salary but I asked him what benefit he gets from the Ltd co as he doesnt buy anything and claim the vat back and doesnt take low salary and high divs. Apparently he needs a high salary to get a mortgage...erm....

    He also laughed when I said I had PCG Membership for the insurances....


    Well I did try to help.
    Tags: None
    #2
    Dob him up and see how much he laughs then.

    Comment

      #3
      Originally posted by Sockpuppet
      To be fair to him he is taking a fairly high salary but I asked him what benefit he gets from the Ltd co
      He gets the benefit of not being given the run around by an MSC.

      tim

      Comment

        #4
        But he might as well be a sole trader for all the good he gets from the extra paperwork.

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