Originally posted by Paralytic
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Just been offered a contract "inside IR35"...
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'CUK forum personality of 2011 - Winner - Yes really!!!! -
Originally posted by Paralytic View Post
I'm guessing divorce/separation settlement.Cenedl heb iaith, cenedl heb galonComment
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Originally posted by northernladuk View PostI think you've looked for the answer you want to hear rather than researching what the best method is. Being stuck on paying your wife has also skewed reality. I seem to remember lots of articles saying it is possible but none that recommend it. For example I googled inside IR35 pay options and the very first result is.
https://jsagroup.co.uk/your-payment-...aught-by-ir35/
Which says
There is also a link to another page about using PSC which also says 'However, it’s important to understand how this works and what it means for you, as continuing to work through your PSC when you’re caught by IR35 is only beneficial in very limited circumstances'
None of the rest of the links it brings up comes even close to suggesting staying with the LTD is a good idea. Absolutely none of them talk about being paid via a brolly and then the payment going to the LTD. That doesn't even make sense.
They all talk about what you can do with the LTD in the meantime to keep it 'ticking over' so no idea what you've been researching to come to your conclusions.,
I thought you said you'd researched it?
Fancy telling us why you want to pay your wife half? Just giving us half a story that doesn't appear to make sense doesn't help us.Cenedl heb iaith, cenedl heb galonComment
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Originally posted by JHamp82 View Post
Like others have said you are mixing two different things. Getting paid by Umbrella and Ltd company are two different things. Umbrella will deduct appropriate taxes, NI and their commission before making a payment to you in your personal account. Nothing to do with the Limited company.
If you want to keep your Ltd company open then that's completely separate but it may be better to keep the company dormant assuming there is no activity.
Thanks.Cenedl heb iaith, cenedl heb galonComment
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