Yellowstone are very good and professional. They are really good with the 30% rule applications. They provide good advice on what you can claim for such as bicycles and cycling equipment if you use a bike to travel to the client.
Keeping a percentage of your invoice as holiday pay reserve is the norm of many payrollers in the Netherlands. Yellowstone and other payrollers will follow what they call the ABU collective contract. (Association of employment agencies). You can get that in English. I think it's available online somehwere. If not, ask them for the pdf copy.
Contractors under their umbrella solution are covered by a collective professional liability insurance from day one. You don't need to get a separate one for the Netherlands. (Take out a personal liability insurance for youself or travel insurance for any incidents outside the office).
If your agent or client has any strange terms in their contract, the Yellowstone legal team can check it out.
They can chase your clients too if they are being too slow with renewals.
Alternative is to say register your UK limited with the chamber of commerce in the Netherlands and then you will have administration headaches. You will need to use a Dutch accountant and that will not be cheap.
Some agents will try to bulldoze you into using their favourite payrollers. Don't do that. As long as you are tax compliant, the agent and the client will not mind.
- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
- Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
You are not logged in or you do not have permission to access this page. This could be due to one of several reasons:
- You are not logged in. If you are already registered, fill in the form below to log in, or follow the "Sign Up" link to register a new account.
- You may not have sufficient privileges to access this page. Are you trying to edit someone else's post, access administrative features or some other privileged system?
- If you are trying to post, the administrator may have disabled your account, or it may be awaiting activation.
Logging in...
Previously on "Does anyone knows about Yellowstone, contract management in the Netherlands ?"
Collapse
-
Hi nobrain,
Any comments on your experience with yellowstone, if you used them?
Looking at the same situation myself shortly, yellowstone are the preferred payroll company of the agency. Looking at a 63% retention of rate if I use them (incl of 30% rule). Seems there might be better options out there.
Cheers.
Leave a comment:
-
Does anyone knows about Yellowstone, contract management in the Netherlands ?
I am choosing a contract management company in Netherlands to work through them in Holland. Was contacted by Yellowstone (Yellowstone International - Home). Does anyone knows about this company and reputation? They want to keep 11.89% of my daily earning to give me back on the day I took holiday. I found this strange as if I take vacation once a year, they will accumulate all my 11.89% of my paycheck to pay me during my vacation and before this, they will get interest rate. What if their company went bankrupt, I will loose all my 11.89% kept with them.
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers
Contractor Services
CUK News
- Streamline Your Retirement with iSIPP: A Solution for Contractor Pensions Sep 1 09:13
- Making the most of pension lump sums: overview for contractors Sep 1 08:36
- Umbrella company tribunal cases are opening up; are your wages subject to unlawful deductions, too? Aug 31 08:38
- Contractors, relabelling 'labour' as 'services' to appear 'fully contracted out' won't dupe IR35 inspectors Aug 31 08:30
- How often does HMRC check tax returns? Aug 30 08:27
- Work-life balance as an IT contractor: 5 top tips from a tech recruiter Aug 30 08:20
- Autumn Statement 2023 tipped to prioritise mental health, in a boost for UK workplaces Aug 29 08:33
- Final reminder for contractors to respond to the umbrella consultation (closing today) Aug 29 08:09
- Top 5 most in demand cyber security contract roles Aug 25 08:38
- Changes to the right to request flexible working are incoming, but how will contractors be affected? Aug 24 08:25
Leave a comment: