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View Full Version : Anyone using Raingold



karun2011
8th August 2011, 15:25
Hi

Just wondering if anyone of you are using Raingold as your umbrella company set up ?

If so, how has your experience been ?

Thanks

LisaContractorUmbrella
9th August 2011, 06:49
Hi

Just wondering if anyone of you are using Raingold as your umbrella company set up ?

If so, how has your experience been ?

Thanks

There doesn't seem to be a whole load of info on their website although they do refer to 'maximising your income' - if they are a proper umbrella company they will operate PAYE which cannot 'maximise your income' as all rates, allowances, deductions and allowable expenses are determined by HMR&C and not the umbrella company. If they are operating any other sort of scheme you should ask for full details and thoroughly investigate it before joining. The BN66 threads in accounting and legal will give you an idea of what can happen when HMR&C take umbridge to a tax avoidance scheme.

HTH