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Recent content by Faust
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Umbrellas
Oh. My. God. That was not advice. It was a statement, based on experience. If going with a Ltd company works for you, great. For the thousands of people who go with umbrellas, also great. Being as in my last couple of years as director of my own Ltd company I ended up paying over £25k each...- Faust
- Post #12
- Forum: Business / Contracts
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Umbrellas
*sigh* Okay, let's take this from the top... I don't fiddle my expenses. I claim for what I use. If the next guy along wants to claim for all and sundry with no receipts and get away with it, then that's entirely up to him, and to be frank, not really my concern. A quick cursorily glance at...- Faust
- Post #9
- Forum: Business / Contracts
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F
Umbrellas
Ignoring the 'stupid' inference, in my personal experience, I found that what I was paying in PAYE and NI combined with corporation tax was higher than what I would pay with any number of umbrella companies. Admittedly, my accountant was no great shakes, and unfortunately, wasn't really an...- Faust
- Post #6
- Forum: Business / Contracts
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F
Are there obvious clues in how to spot a fake IT job advert?
Has that EVER worked? I generally find that agencies are extremely cagey about revealing their clients identity, generally because just like we don't know if they're 100% genuine, they can't be 100% that we aren't another agent trying to bum an easy lead. The only time I think an agent...- Faust
- Post #9
- Forum: Business / Contracts
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F
Umbrellas
...and you pay a shedload more tax. Been there, done it, and I'm afraid I just got tired of all the hassle with the IR/C&E correspondence...- Faust
- Post #3
- Forum: Business / Contracts
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Contracting in IT for an Investment Bank..
I don't think it's really a case of "we'd prefer a finance guy with a bit of IT skills', unless you're a BA by trade. I've contracted for european, japanese, and american investment banks, and I find that as far as IT development goes - it's very full on. The ads generally mean what they say -...- Faust
- Post #7
- Forum: Business / Contracts
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F
Umbrellas
Hey folks, The time, I think, is coming for me to do A Littlest Hobo, and hit the road on my umbrella company, Prosperity4. At the time of joining, I was tempted by the relatively low 6% fees (compared to the 10% I was on with my predecessor), and higher take home. However, I still reckon 6%...- Faust
- Thread
- Replies: 19
- Forum: Business / Contracts
