NSC Advice - Contracting

Westdene Seagull

aka Cap'n Carl Firecrotch

NSC Patron

Oct 27, 2003

21,003

The arse end of Hangleton

• Jul 28, 2016

• #1

Google brings a whole host of options so I thought I would ask the NSC sage's.

Mrs W has a new contracting job that needs either a Ltd company or an umbrella company. We want the most tax efficient way of her doing this and obviously, if it's using an umbrella company, recommendations of who to use. Look forward to any advice NSC.

 

Papa Lazarou

Living in a De Zerbi wonderland

Jul 7, 2003

18,858

Worthing

• Jul 28, 2016

• #2

I've been contracting a couple of times, and I've always gone for the Ltd Company route, with an accountant to sort out the details.

 

Papa Lazarou

Living in a De Zerbi wonderland

Jul 7, 2003

18,858

Worthing

• Jul 28, 2016

• #3

On the Ltd Co side, the changes are: Additional tax on dividends, making them less effective. vs the planned cut in Corporation Tax to 15%.

 

surrey jim

Not in Surrey

Aug 2, 2005

18,093

Bevendean

• Jul 28, 2016

• #4

Westdene Seagull said:

Google brings a whole host of options so I thought I would ask the NSC sage's.

Mrs W has a new contracting job that needs either a Ltd company or an umbrella company. We want the most tax efficient way of her doing this and obviously, if it's using an umbrella company, recommendations of who to use. Look forward to any advice NSC.

Click to expand...

some good advice here, http://www.northstandchat.com/showthread.php?329588-Limited-company-or-Umbrella