from limited co to umbrella

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Svalbaard replied

6 March 2009, 14:46
Originally posted by AZZIK View Post

You going to share which brolly you went for?

Being an Englishman I naturally have one made by James Smith and sons.
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AZZIK replied

6 March 2009, 14:41
Originally posted by Svalbaard View Post

I went from Ltd to umbrella also as I got bored of running it, plus all sorts of tulipty HMRC terms and legislative changes to deal with. Many people on here would say that it's not too much work or that you should get a better accountant. Is this true..? Maybe/maybe not. It's horses for courses.

I just find an umbrella takes all the hassle out of it, and there is not much difference in the overall %'s of takehome.

You going to share which brolly you went for?
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Svalbaard replied

6 March 2009, 14:37
Originally posted by contractor79 View Post

I'm tired of running a limited co. after much hassle from incompetent accountants and taxman and the work involved in general.

Thinking of closing down the company and going to an umbrella co. Good idea, bad idea?

I went from Ltd to umbrella also as I got bored of running it, plus all sorts of tulipty HMRC terms and legislative changes to deal with. Many people on here would say that it's not too much work or that you should get a better accountant. Is this true..? Maybe/maybe not. It's horses for courses.

I just find an umbrella takes all the hassle out of it, and there is not much difference in the overall %'s of takehome.
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DaveB replied

6 March 2009, 12:44
Get a competent accountant and the tax man will leave you alone.
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cojak replied

6 March 2009, 12:41
Find a better accountant...
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contractor79 started a topic from limited co to umbrella

6 March 2009, 12:38
from limited co to umbrella

I'm tired of running a limited co. after much hassle from incompetent accountants and taxman and the work involved in general.

Thinking of closing down the company and going to an umbrella co. Good idea, bad idea?
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