Everything you ever wanted to know about umbrella companies but were afraid to ask...

[ProfContractor]

Thanks for all the advice here

[PayMatters]

Expense rules do vary depending on what medium you are working through.

The way Umbrella Company expenses work is that the Umbrella Company is providing a service to the client and not supplying a person (like a recruitment agency). This difference enables Umbrella Companies to offer reimbursement of expenses. Because you are working away from the Umbrella Company's Head Office you are deemed to be working at a temporary work place which means there are certain costs in travelling there etc that you can be reimbrused for tax free.

[cojak]

..

[blacjac]

Expense rules do vary depending on what medium you are working through.

The way Umbrella Company expenses work is that the Umbrella Company is providing a service to the client and not supplying a person (like a recruitment agency). This difference enables Umbrella Companies to offer reimbursement of expenses. Because you are working away from the Umbrella Company's Head Office you are deemed to be working at a temporary work place which means there are certain costs in travelling there etc that you can be reimbrused for tax free.

I'm starting to like the posts by this new member, come on Malvolio, it's you in disguise isn't it?

[cojak]

Arf!

[JulesInch]

Good information here, and throughout this site. It's going to take a while to digest everything

I went down the limited company route and use a really competent account. Can't stress enough how important the word "competent" is, as I have been burned by some less than competent accountants in the past, which made the whole IR35 process a great deal more stressful (and expensive...)

[kirkline]

I was afraid to ask so I've set up a limited company...

How difficult is it to set up a limited company and what's the costs?


cheers,

kirk

[RichardCranium]

How difficult is it to set up a limited company and what's the costs?

On the right hand side ----->

you should see "CUK Navigation" and under that "Company Formation".

The short answer is, you pick someone to do it, bung them about £100 and it is done in a day or two.

[Imperial Knight]

Set up a Limited Company but where?

Does anyone know if there is any benefit to having a limited company set up outside of the UK?

[rafael]

why do I need more than one umbrella companies?

hi to everyone,
I already have one umbrella company,but because I work in construction always I am with different job agency,one of this agency dont want work with my umbrella company,and they offered me another umbrella,and I said No because I don't want mess up my tax,they said if I want get paid they only use their umbrella only and for
more funny this umbrella only can paid me if I am self employed if not they cant pay me.
have the right the job agency to forced me to choose one more umbrella company? have the right to forced me to become self employed? because afeter the more than six month they have not pay me and I still PAYE.
thank you
and sorry for my english