Originally posted by LisaContractorUmbrella
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What's the most ridiculous....
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So you don't seem so safe now do you?Originally posted by LisaContractorUmbrella View PostNo but I can get one if you'd like - what would you like it to be on?Comment
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That 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 haveOriginally posted by Old Greg View PostSo you don't seem so safe now do you?Comment
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But you have some magic umbrella with no legal opinion or backing, that somehow removes a big chunk of a contractors hard earned.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
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Well, 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 fascinatedOriginally 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?
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And 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.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 fascinated
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Oooh stroppyOriginally 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
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So here's mineOriginally posted by LisaContractorUmbrella View PostOooh stroppy
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 4,825.73
Income £8333.33
VAT £1666,67
Total Net Income £10,000
And I have a QC opinion.Comment
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