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Thank you for the reply ?
If I get it below the £100,000 mark by putting a good amount into my pension, would this mean I pay less tax I assume? So would it work out around the same but with money saved into a pension? Many thanks.
Afternoon everyone.
I am nearing the end of my current contract (which is inside IR35) at a rate of £600 per day. I have been offered an extension but a new agency is taking over. I was advised by the Company I am contracting for that they would be happy to pay me the same daily rate. The...
Thank you both for your replies, certainly a few things for me to think about.
At the moment I only pay in around £300 per week into my pension so not a huge amount so I will definitely ask about this. With my current Umbrella Company they won't let me claim back expenses of any kind including...
Morning All.
For the past year I have been under IR35 via an Umbrella Company. I have the option of a new contract in the New Year (same current rate of daily pay) and after speaking with the Agency earlier this week they have said I can either stick with 'IR35 via an Umbrella' or the other...
Thanks guys. It is all new territory and in fairness I should have been on this forum before I started and done more research rather than depend on my Accountant.
I will hopefully get this sorted and get back on track! Very useful forum and thanks for the advice.
Thanks for the replies guys. I have 'Self billing' from the Agency but there is no VAT details on them even though I did supply the Agency with these details when I started.
I agree - my Accountant should have advised me of this when I first met him but there was no mention of it. Wish I had...
Evening everyone, I am new to the boards and am looking for some advice please.
I started contracting in June and setup my business account, registered with an Accountant, etc and also registered for VAT.
Each week I have been submitting my timesheets to the Agency online and I get paid my...