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.
You can only take home 80% if your contract is outside IR35. If it is a normal contract where you attend the same site every day then you should not use Hexagon as their 'Composite' scheme is designed for non-IR35 people where you pay yourself dividends instead of salary. You would only take home 80% by cheating the inland revenue and getting away with it and if that were possible we'd all be doing it wouldn't we?
Hexagon. My ltd comapny never seens to get close to 80% so I would like a period of time when I work for me instead of G Brown. How do you go about joining a brolly while being employed by your ltd company?
How hard is it to shut down your ltd company mid contract and switch to a brolly? I have been quoted a take home of about 80% which is way higher than I get out of my ltd company and so I am seriously considering putting my comany to sleep.
Get your agency to produce a new contract withe the Brolly and away you go.
You can always keep your company running, just that it won't have any turnover...
How hard is it to shut down your ltd company mid contract and switch to a brolly? I have been quoted a take home of about 80% which is way higher than I get out of my ltd company and so I am seriously considering putting my comany to sleep.
Leave a comment: