Using the logic of prominent umbrella company posters here...
If one Umbrella company is dodgy and provides poor service then ALL umbrella companies are dodgy and provide poor service.
I recommend anyone considering going umbrella not to do so. A few reasons:
1. They cannot be trusted and are dodgy - see opening justification.
2. You will make more money running your own limited company.
3. It is HIGHER risk to have another company involved in handling your money. Another person who can go broke and not have to pay you.
4. Hiring an accountant makes ltd very easy - and see point 2.
5. Umbrella companies scare monger over IR35 for their benefit. This should be reason enough to avoid someone who has to use these tactics.
This thread should be a sticky as it provides a simple resoinse to the continous questions we have here about whether someone should use an umbrella.
If one Umbrella company is dodgy and provides poor service then ALL umbrella companies are dodgy and provide poor service.
I recommend anyone considering going umbrella not to do so. A few reasons:
1. They cannot be trusted and are dodgy - see opening justification.
2. You will make more money running your own limited company.
3. It is HIGHER risk to have another company involved in handling your money. Another person who can go broke and not have to pay you.
4. Hiring an accountant makes ltd very easy - and see point 2.
5. Umbrella companies scare monger over IR35 for their benefit. This should be reason enough to avoid someone who has to use these tactics.
This thread should be a sticky as it provides a simple resoinse to the continous questions we have here about whether someone should use an umbrella.
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