AM Limited

[simos]

Hi all,

Another first poster, I have been a contractor for 5 years now and have been doing very well thank you. I have been using Atlantic Umbrella who have great service, at a cost which is rather exorbitant. I am looking around for a more efficient way to earn and to get as much of my contract value as I can. (Isn't everyone?!)

I came across AM Limited recently who are IOM based and pay out via interest free loans set over every 3-4-5 weeks plus a minimum wage which they base your tax/NIC on. The example they sent me gives me 84% of my contract value in my pocket. It seems to good to be true and as most things that are too good to be true often are, I wondered if anyone else out there had experience of similar schemes or with this company in particular?

They allege that they have been going over 10 years, but I can't really find much on Google about them. Anyone ever heard of/used them?

Cheers
Mark

Hello Mark, i am using them at the moment, but i have a little concern for the BN66, so i have to re-think. They are good, but i dont know if is good for me.

[badger7579]

It's a scam. These 'loan' deals are being squashed by the taxman - there's loads of threads on here about them.

If you've been going for 5 years, why aren't you Ltd?

WHS, 5 years!!! far to long to be with a brolly..

Sniff sniff, can I smell a troll here ???

[Alan @ BroomeAffinity]

Hi all,

Another first poster, I have been a contractor for 5 years now and have been doing very well thank you. I have been using Atlantic Umbrella who have great service, at a cost which is rather exorbitant. I am looking around for a more efficient way to earn and to get as much of my contract value as I can. (Isn't everyone?!)

I came across AM Limited recently who are IOM based and pay out via interest free loans set over every 3-4-5 weeks plus a minimum wage which they base your tax/NIC on. The example they sent me gives me 84% of my contract value in my pocket. It seems to good to be true and as most things that are too good to be true often are, I wondered if anyone else out there had experience of similar schemes or with this company in particular?

They allege that they have been going over 10 years, but I can't really find much on Google about them. Anyone ever heard of/used them?

Cheers
Mark

Got a bargepole?

[b0redom]

It's a scam. These 'loan' deals are being squashed by the taxman - there's loads of threads on here about them.

If you've been going for 5 years, why aren't you Ltd?

[MarkT]

Hi all,

Another first poster, I have been a contractor for 5 years now and have been doing very well thank you. I have been using Atlantic Umbrella who have great service, at a cost which is rather exorbitant. I am looking around for a more efficient way to earn and to get as much of my contract value as I can. (Isn't everyone?!)

I came across AM Limited recently who are IOM based and pay out via interest free loans set over every 3-4-5 weeks plus a minimum wage which they base your tax/NIC on. The example they sent me gives me 84% of my contract value in my pocket. It seems to good to be true and as most things that are too good to be true often are, I wondered if anyone else out there had experience of similar schemes or with this company in particular?

They allege that they have been going over 10 years, but I can't really find much on Google about them. Anyone ever heard of/used them?

Cheers
Mark