Brollies

[BoredBloke]

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.

 

[SupremeSpod]

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...

Spod.

 

[GeorgeGregan]

Which one?

Which one?

Enquiring minds want to know.

 

[BoredBloke]

Brollies

"Enquiring minds want to know."

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?

 

[absoft]

Hexagon Services

Hexagon Services

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?

 

[wendigo100]

You would only take home 80% by cheating the inland revenue and getting away with it

Tony, have them fiddlin' scousers put you up to this? You're only half a day into the job!

You'll be all right - Liverpool is a no-go area for Hector.