Contractor solutions have been severely curtailed do to the changes announced in recent Budgets.
Majority of these schemes have now been closed, and only individuals who pass the self-employed tests will be able to structure their affairs more tax efficiently.
Umbrella Structures
Some of these still exist, but in many cases we would advise against using these, as often the savings promised do not materialise and one would be better off financially not using them. This excludes the time taken to put in claim for dubious expenses.
Limited Company Solutions
With Limited Companies, you will need to fall outside the IR35 legislation (i.e. you will need to pass the self-employed tests).
The running of a Limited Company in the UK is fraught with pitfalls for the uninformed.
We will offer advice and perform all the functions that you deem necessary (such as payroll, Bookkeeping, VAT calculations, drafting company accounts, Preparing Corporation tax return and self assessment return) for the efficient running of your company.
What Will I Be Charged?
Fees will be charged according to the work performed on your behalf and we have a number of payment option to suit