Originally posted by LisaContractorUmbrella
View Post
- 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!
What's the most ridiculous....
Collapse
X
-
-
Comment
-
Originally posted by LisaContractorUmbrella View PostNo but I can get one if you'd like - what would you like it to be on?Comment
-
Originally posted by Old Greg View PostSo you don't seem so safe now do you?Comment
-
Originally posted by LisaContractorUmbrella View PostThat is true but only if your safety is dependent on the legal opinion of someone who is being paid to have the legal opinion that you are paying them to have
With an income of £100k, I can offer a cast iron QC backed take home of £120k. That's why more and more contractors are saying YES! to Oude Joris.
What take home do they get on £100k with you?Comment
-
Originally posted by Old Greg View PostBut you have some magic umbrella with no legal opinion or backing, that somehow removes a big chunk of a contractors hard earned.
With an income of £100k, I can offer a cast iron QC backed take home of £120k. That's why more and more contractors are saying YES! to Oude Joris.
What take home do they get on £100k with you?Comment
-
Originally posted by LisaContractorUmbrella View PostWell, PAYE doesn't really need magic but I'll be certain to mention your scheme to HMRC next time I see them - I'm sure they'll be fascinatedComment
-
Originally posted by Old Greg View PostAnd like so many of these 'schemes', you won't tell us what the take home is on £100k. Smoke and mirrors. Of course HMRC doesn't have jusrisdiction over my scheme.It's got nothing to do with not wanting to give you a take home % on £100,000 - here you go :
Monthly
Income 8333.33
Expenses 0.00
Employer's NI 920.69
Employee's NI 414.27
Employee Tax 2,079.66
Total All Tax 3,414.62
CU Margin 95.00
Total Net Income 4,825.73Comment
-
Originally posted by LisaContractorUmbrella View PostOooh stroppyIt's got nothing to do with not wanting to give you a take home % on £100,000 - here you go :
Monthly
Income 8333.33
Expenses 0.00
Employer's NI 920.69
Employee's NI 414.27
Employee Tax 2,079.66
Total All Tax 3,414.62
CU Margin 95.00
Total Net Income 4,825.73
Income £8333.33
VAT £1666,67
Total Net Income £10,000
And I have a QC opinion.Comment
-
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
- Is ‘Open To Work’ on LinkedIn due an IR35 dropdown menu? Today 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
- IR35: Mutuality Of Obligations — updated for 2025/26 Sep 23 05:22
- Only proactive IT contractors can survive recruitment firm closures Sep 22 07:32
- How should a creditors’ meeting ideally pan out for unpaid suppliers? Sep 19 07:16
Comment