Reply to: OK who's got the best imagination....

[eek]

I notice that they are going for a big online advertising push, I caught sight of one of their ads on a cookery website just before I turned the cookies off (they were a perfect colour....)

When you see an advert you don't like just click. It has the benefits of:-

1) costing the people money
2) skewing your profile with that advertiser.

[cojak]

I notice that they are going for a big online advertising push, I caught sight of one of their ads on a cookery website just before I turned the cookies off (they were a perfect colour....)

[LisaContractorUmbrella]

There are a few in the HMRC Enquiries threads who remember AML...

And I doubt they remember them with fondness

[cojak]

There are a few in the HMRC Enquiries threads who remember AML...

[LisaContractorUmbrella]

Not an original idea apparently vivacontracts.com Whois - viva contracts - Who.is Anyone remember AML?

[Bunk]

Perfectly simple: 10% is their fee, you only have to ensure you shuffle off this mortal coil before HMRC works out you've not paid any tax and comes for it out of your estate. You'll have made 90%. Your surviving family will be destitute, but hey, why should you care...?

I'd rather put the 10% aside and then use it to fund setting up my new identity for when they come knocking (or kicking) on my door

[malvolio]

Perfectly simple: 10% is their fee, you only have to ensure you shuffle off this mortal coil before HMRC works out you've not paid any tax and comes for it out of your estate. You'll have made 90%. Your surviving family will be destitute, but hey, why should you care...?

[VectraMan]

Surely you'd have to pay your corp tax at the end of the first company tax year?

Well that's my theory debunked.

[Bunk]

Pay it over a long period? If outside IR35, you could take your £100K and pay yourself £10K per year for 10 years. Assuming no other income, you'd beat 90% for sure.

Surely you'd have to pay your corp tax at the end of the first company tax year?

[TheFaQQer]

Viva Contracts website is registered to a company in the Isle of Man.

Smartpay are based in Blackpool.

They are both the same company, but neither provides any details of how they can get close to the 90% figure - in fact they only offered me 82% return

[TheFaQQer]

I decided to go with Viva Contracts after researching the contractor market thoroughly. I'm so glad I did, as I saved thousands last year and had a lot more free time too!
Jason Greenlay - IT Consultant

I decided to go with SmartPay after researching the contractor market thoroughly. I'm so glad I did, as I saved thousands last year and had a lot more free time too! "
Jason Greenlay - IT Consultant

If you search for Jason Greenlay IT Consultant, these are the only two hits I get as well....

[VectraMan]

Pay it over a long period? If outside IR35, you could take your £100K and pay yourself £10K per year for 10 years. Assuming no other income, you'd beat 90% for sure.

[TheFaQQer]

Their "reference" IT Consultant must be one of the very, very few who aren't on LinkedIn either.

[TheFaQQer]

Does it involve some kind of benefit trust?

Or just not paying any tax?

[stek]

..and can work out how you can get £90k take home from £100k earnings - your starter for 10 w ww.vivacontracts.com/umbrella-company-1.php?utm_source=google&utm_medium=cpc&utm_term=%2 Bumbrella%20%2Bcompany_b&utm_content=20554770610_1 s1&utm_campaign=g__&gclid=COLO57r6n7gCFUfKtAodoHoA iw - Umbrella Company Alternative - Viva Contracts

Simple

You gamble for your earnings! Tax free - the 10% is my fee!