Hi, can any one tell me the difference between being self employed vs starting your own company
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Self Employed vs Limited Company
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In the context of contracting the most important difference is that you will find few clients who will take you on as a self employed person. This is because, if the IR later rule that you are not truly self employed but an employee of the client, the latter will become responsible for any ourstanding liability for tax and NI. They can never have such an obligation if you operate through a limited company.bloggoth
If everything isn't black and white, I say, 'Why the hell not?'
John Wayne (My guru, not to be confused with my beloved prophet Jeremy Clarkson) -
Yep,
If you don't want to go the Ltd route, the only other option is to use an Umbrella company.
Pick wisely, however..."I can put any old tat in my sig, put quotes around it and attribute to someone of whom I've heard, to make it sound true."
- Voltaire/Benjamin Franklin/Anne Frank...Comment
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Originally posted by cojakYep,
If you don't want to go the Ltd route, the only other option is to use an Umbrella company.
Pick wisely, however...
Jacko did you choose the ltd or umbrella route???Comment
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