I have to admit when I started out nearly a year ago I figured I'd earn enough and avoiding tax as well was taking the piss, so went with an umbrella. Fortunately it didn't take long to see the error of my ways, and now I regret my first 4 months with an umbrella as I reckon it's cost me about £2K in tax I didn't need to pay.
Assuming this is all true, what worries me slightly is now having admitted defeat, Gordon and co. will now have another go at IR35 and this time do it properly.
Assuming this is all true, what worries me slightly is now having admitted defeat, Gordon and co. will now have another go at IR35 and this time do it properly.
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