Originally posted by pjclarke
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Reply to: Best Broly for short gig?
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Previously on "Best Broly for short gig?"
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Have you done the sums? Ltd isn't that much hassle (no VAT registration needed) and you could probably find an accountant to do the whole lot for a fixed price.
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sounds like that site is pushing the "other" side rather hard..Originally posted by pjclarke View PostI, probably foolishly, put my details into comparison site contractormaket.com and almost immediately got a phone call. Briefly, he told me that umbrellas these days divide into two types, PAYE and others. The others pay you a low salary and the residual income goes into an 'Employee Reward Fund', and the brolly grants you a line of credit into the fund.
I expressed the opinion that this sounds suspiciously like the loan schemes that have got many people into a lot of trouble with HMRC, and he said no, they've been investigated and found to be compliant....
The phrase 'barge pole' is going through my head.
Took a quick look at the Contractor Umbrella website. Looks good.
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i highly recommend themOriginally posted by pjclarke View PostI, probably foolishly, put my details into comparison site contractormaket.com and almost immediately got a phone call. Briefly, he told me that umbrellas these days divide into two types, PAYE and others. The others pay you a low salary and the residual income goes into an 'Employee Reward Fund', and the brolly grants you a line of credit into the fund.
I expressed the opinion that this sounds suspiciously like the loan schemes that have got many people into a lot of trouble with HMRC, and he said no, they've been investigated and found to be compliant....
The phrase 'barge pole' is going through my head.
Took a quick look at the Contractor Umbrella website. Looks good.
Leave a comment:
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Surely this is dodgy?
I, probably foolishly, put my details into comparison site contractormaket.com and almost immediately got a phone call. Briefly, he told me that umbrellas these days divide into two types, PAYE and others. The others pay you a low salary and the residual income goes into an 'Employee Reward Fund', and the brolly grants you a line of credit into the fund.
I expressed the opinion that this sounds suspiciously like the loan schemes that have got many people into a lot of trouble with HMRC, and he said no, they've been investigated and found to be compliant....
The phrase 'barge pole' is going through my head.
Took a quick look at the Contractor Umbrella website. Looks good.
Leave a comment:
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Should have said, pretty sure sole trader is not an option; it was the agency who contacted me and there's a strict 'preferred supplier' regime in place.
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Sole trader not an option? Agencies won't take them but clients might be a bit more forgiving.
If brolly is the right answer then try Contractor Umbrella.
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Best Broly for short gig?
Quick question. I 'retired' last year and closed down the Ltd. I've now been tempted back for one last job - a client has a fixed piece of work and they've made an offer too good to pass up.
It's a fixed 3 month term, with zero chance of extension - which is fine by me. I don't really want to set up another Ltd just for this, so I assume umberella is the way to go(?). Can anyone recommend a good one for this kind of thing?Tags: None
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