Having just started contracing via an Umbrella company, one question I have before I go limited, is how do you know if a contract is going to get caught by ir35, and what can you do to avoid it?
Also have many contractors moved from limited to umbrella companies?
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Reply to: Limited comany or Umbrella ?
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Previously on "Limited comany or Umbrella ?"
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Guest repliedLimited Company if you're outside IR35 , umbrella if you're inside
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Guest repliedI was in the same position a couple of months ago and decided to go for the umbrella option for now because there's virtually no hassle involved. Registering with a company like ParasolIT is easy and you can do almost everything online. They are cheap too (around £45 if you get paid monthly).
I am going to look into the option of setting up my own ltd co when my current contract expires.
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Limited comany or Umbrella ?
I am considering a move from permanent to contracting and it seems that the first major decision to make is whether to form a limited company or work through an umbrella. I would appreciate some opinions on which is the best route to take for newcomers at the moment.
Thanks in advance.Tags: None
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