Is PAYE An Option?

[dspsyssts]

I have very little in the way of expenses and taking into account via an umbrella the double NI cont's and umbrella fees don't see that I am any better off.

Is there such a thing as a PAYE option?

Ltd company will make me no better off taking into account corporation tax etc...

[craig1]

Yes, but most agencies won't do it these days plus you'd still get employer's NI taken from your end pay as the agency wouldn't pay it out of their pocket.

All-in, you're probably not going to see any difference from a brolly to an agency PAYE scheme.

[dspsyssts]

Yes, but most agencies won't do it these days plus you'd still get employer's NI taken from your end pay as the agency wouldn't pay it out of their pocket.

All-in, you're probably not going to see any difference from a brolly to an agency PAYE scheme.

OK thanks, just a thought, grrrr @ NI!

[DaveB]

I have very little in the way of expenses and taking into account via an umbrella the double Ni conts and umbrella fees don't see that I am any better off.

Is there such a thing as a PAYE option?

Ltd company will make me no btter off taking into account corporation tax etc...

Unles you are on a very low paying contract you should always be better off as a Ltd. Yes you pay CT but only on profits and low salary plus dividends is the most tax efficient way of operating for most contractors.

Have a play with the contractor calculators under the navigation link on the right hand side.

[JamJarST]

Unles you are on a very low paying contract you should always be better off as a Ltd. Yes you pay CT but only on profits and low salary plus dividends is the most tax efficient way of operating for most contractors.

Have a play with the contractor calculators under the navigation link on the right hand side.

WHS