Umbrella company IR35 solution for contractors returning up to 86%. IR35 compliant. All insurances included.
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IR35
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Home | IR35 History | IR35 Rules | Beat IR35 | Ltd Co | Umbrella Company | MSC's | Insurance | IR35 Investigations | IR35 Contracts
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Whether you are new to contracting or have been contracting for years, you should take a look at our IR35 solution. It's like an umbrella company but better. It offers a return of up to 86% which is higher than an ordinary umbrella company and higher than a personal service company. It's much better than a personal service company because you don't have the hassle of keeping books or invoicing or doing VAT returns or payroll returns or corporation tax returns or annual accounts. It's so easy. You send your timesheet to your agency and to our UK umbrella company and we do the rest. We can have you up and running on the scheme within 48 hours (sometimes 24 hours in very urgent cases). And as you'd expect from our IR35 Solution, it is IR35 Compliant! The solution comes complete with all the necessary insurances (public liability, professional indemnity, etc) and the quality of service is excellent! Contact us now for more information and for a personalised take home pay calculation: |
Limited Companies: [Page 3]
Advantages of limited companies: [Continued]
Summary: On balance, for the long term contractor, the limited company will probably be better than PAYE or a standard umbrella. But it is difficult to see how the long term contractor would not be better off using a high return umbrella.
The limited company is much more tax efficient than PAYE or a standard umbrella but it does have exposure to IR35 risk. Limited companies scan be used in conjunction with IR35 investigation and tax loss insurance to mitigate the risk.
However, high return umbrellas achieve a higher return than limited companies and have almost zero IR35 risk. The risk to the contractor with such schemes is very slim when compared with limited companies.
Switching to a limited company? If you are operating under PAYE or in a standard umbrella company but are intending to contract in the long term then it will probably be worth switching to a limited company or high return umbrella company. After all, you have taken the entrepreneurial risk of becoming self employed - so why should you not take advantage of the tax benefits?
How to switch: The process of switching from a standard umbrella company to a limited company is quite easy and probably much easier than you might imagine.
Firstly: You will need to check to see if your umbrella provider stipulates a minimum operating period or a notice period. Obviously you will not be able to leave your umbrella or composite without providing this notice or serving the minimum period.
Secondly: You would need to arrange for your current contract to be transferred from your umbrella to your limited company. To achieve this you will probably need the help of both your umbrella provider and your agency. If it is not possible for you to transfer your contract, the best thing for you to do will be to wait for your current contract to expire and then to set the new contract up with your limited company rather than your umbrella provider.
Thirdly: On leaving the umbrella, you just need to make sure you are paid the correct amount for the work you have done that is outstanding and for any holiday pay and/or dividends and/or expenses. As the umbrella company will still exist and will still go on serving other contractors after you leave, it will not be shut down or stuck off or dissolved so you should not incur any fees for this.
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Returning up to 86% No IR35 risk No admin hassle Complete with insurances
Full review of your contract Clause by clause report Improvement suggestions Balanced pass/fail opinion 48 hour turn around
Returning up to 86% No IR35 risk No admin hassle Complete with insurances
Over 40 pages of advice Practical tips to beat IR35 Essential for contractors
Returning up to 86% No IR35 risk No admin hassle Complete with insurances
Full review of your contract Clause by clause report Improvement suggestions Balanced pass/fail opinion 48 hour turn around
Returning up to 86% No IR35 risk No admin hassle Complete with insurances
Over 40 pages of advice Practical tips to beat IR35 Essential for contractors
Returning up to 86% No IR35 risk No admin hassle Complete with insurances
Full review of your contract Clause by clause report Improvement suggestions Balanced pass/fail opinion 48 hour turn around |
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"IR35 Compliance" is a trading style of The Holdsworth Organisation Ltd, a company registered in England number 5309465.