Hi All,
Newbie here so be gentle.
Been offered my first contract and don't know whether to use an Umbrella Company or start a Limited Company.
My agent suggested that I use a company who does something with off shore tax havens or something but I didn't understand it. He told me it was risk free and I would get 84.5% of my rate back with no tax or something.
I'm sure someone on this forum must have heard of all this stuff before and would appreciate some advice.
Kind regards,
Joe.
Newbie here so be gentle.
Been offered my first contract and don't know whether to use an Umbrella Company or start a Limited Company.
My agent suggested that I use a company who does something with off shore tax havens or something but I didn't understand it. He told me it was risk free and I would get 84.5% of my rate back with no tax or something.
I'm sure someone on this forum must have heard of all this stuff before and would appreciate some advice.
Kind regards,
Joe.
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