- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
- Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
Garraway Consultants - Too good to be true?
Collapse
X
-
-
Originally posted by DaveB View PostAmong other things they are effectively asking you to work for minimum wages and trust them to loan you money to make up the rest of your income. If any thing goes wrong you will have no rights to demand the balance of money from them as it is a loan and not a salary so there is no legal obligation for them to pay it to you, nor can you show damages since you have not lost anything, you can always go elsewhere for a loan if you need money. And for this they want around 10% of your day rate in fees.
For the sake of what is probably a few hundred pounds a year is it really worth signing up for a scheme like this when you can legitimately work through your own limited and not worry what happens when HMRC decide they don't like the scheme and shut it down.Comment
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers
Contractor Services
CUK News
- Top 5 contractor compliance challenges, as 2025-26 nears Today 08:53
- Joint and Several Liability ‘won’t retire HMRC's naughty list’ Yesterday 05:28
- What contractors can take from the Industria Umbrella Ltd case Sep 30 23:05
- Is ‘Open To Work’ on LinkedIn due an IR35 dropdown menu? Sep 30 05:57
- IR35: Control — updated for 2025-26 Sep 28 21:28
- Can a WhatsApp message really be a contract? Sep 25 20:17
- Can a WhatsApp message really be a contract? Sep 25 08:17
- ‘Subdued’ IT contractor jobs market took third tumble in a row in August Sep 25 08:07
- Are CVs medieval or just being misused? Sep 24 05:05
- Are CVs medieval or just being misused? Sep 23 21:05
Comment