Originally posted by thunderlizard
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Reply to: limited or partnership?
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Previously on "limited or partnership?"
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OK. So, yet another example of how the law as written down in law bears little resemblance to the law as imagined in agents' heads.
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Originally posted by thunderlizard View PostOut of interest, why is that? Odd because LLP is a very popular model in the consultancy biz.
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Originally posted by *Clare* View PostMost agencies will not deal with an LLP
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Originally posted by brocky View PostClare makes a very good point. I'd be very worried about using a accountant who doesnt have a decent understanding of how our inductry works.
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thanks all,
i have a few friends in the contracting game will see who they use
cheers
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Originally posted by brocky View PostClare makes a very good point. I'd be very worried about using a accountant who doesnt have a decent understanding of how our inductry works.
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WHS
I suggest you go and use another accountant. The PCG has a list of accountants on their website who understand the industry we are in.
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Clare makes a very good point. I'd be very worried about using a accountant who doesnt have a decent understanding of how our inductry works.
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Most agencies will not deal with an LLP (limited liability partnership, which I presume is what he meant), so a bit of a non-starter unless you'll be working without agency involvement.
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limited or partnership?
Hi all,
before i get berated, i have done a search and couldn't quite find specific answers on this topic.
quick summary,
i've set myself up as ltd for a new contract i'm about to begin after being with an umbrella for over a year.
went to see an accountant who was recommended by a friend, and accountant advised that i would probably be better for setting my company up as a partnership rather then a ltd as there are a few more tax breaks that could be exploited.
my question is, is this correct and what implications would it have with agencies paying a partnership company rather then a ltd co?
any advice welcome
thanks
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