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Recent content by Moony
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M
Up to 90%
Woah there sport, I think you need to take a few steps back. I haven't indicated in any of my posts that I am considering this and have already made my position clear that it sounds dodgy as hell. I wouldn't touch this with a 10m barge pole. I'm just astounded that people are still signing up...- Moony
- Post #104
- Forum: Umbrella Companies
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M
Up to 90%
Doesn't quite work like that. The way it has been explained to me is this: You are effectively employed by the umbrella company. You submit a timesheet to them - who in turn submit an invoice + VAT to the company you are actually doing the work for. One the invoice is paid - the umbrella...- Moony
- Post #99
- Forum: Umbrella Companies
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M
Up to 90%
I have heard a few contractors talk about these scheme. They claimed to be getting around 87-90% of their invoiced amount per month. The way it has been described to me is that you are essentially given a 'loan' from the umbrella company - but it never gets paid back, because both the umbrella...- Moony
- Post #95
- Forum: Umbrella Companies
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M
Iceland.
Thanks for the reply. I'm not suggesting any "dodgy schemes". The information I have found so far comes directly from the Icelandic "Directorate of Internal Revenue" website. https://www.rsk.is/english/companies/double-taxation-conventions/ "Iceland has concluded several agreements on tax...- Moony
- Post #3
- Forum: Accounting / Legal
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M
Iceland.
Hi - I'm new to the boards, but i'm after a little advice. I have been offered a contract in Iceland and was wondering if anyone knows anything about the tax implications where I to take it. I will be working a 10 on 4 off shift pattern, mostly based in Iceland, but there will also be some...- Moony
- Thread
- Replies: 5
- Forum: Accounting / Legal
