I am working as contractor for longtime and went inside ir35 couple of years back. I am using umbrella now for couple of years. I closed my Ltd company last year.
I have got another adhoc contract to work for few hours (not certain depending upon the issues they have). I am debating if I open a new company again to bill this adhoc contract. I will have to invest in buying new MacBook and iPhone to support this and little more expenses. So opening a company might be useful rather than using my current umbrella for this additional contract. Would be able to also have little more expenses like Christmas party.
Anybody else in similar situation? I dont have an accountant anymore and not sure if is worth having the hassle of opening a new company because of this adhoc work? Any ideas please. Thanks skg
I have got another adhoc contract to work for few hours (not certain depending upon the issues they have). I am debating if I open a new company again to bill this adhoc contract. I will have to invest in buying new MacBook and iPhone to support this and little more expenses. So opening a company might be useful rather than using my current umbrella for this additional contract. Would be able to also have little more expenses like Christmas party.
Anybody else in similar situation? I dont have an accountant anymore and not sure if is worth having the hassle of opening a new company because of this adhoc work? Any ideas please. Thanks skg
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