• Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
  • Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!

IR35 - Outside to umbrella

Collapse
X
  •  
  • Filter
  • Time
  • Show
Clear All
new posts

    #11
    Originally posted by quantum77 View Post
    So I enquired about closing my company and was told I can't open another (doing similar work) for at least 2 years. So no quick return to contracting unless it's via an umbrella!
    I'm keeping mine going. I fully expect to find outside roles.

    Comment


      #12
      Originally posted by Martin Bank Holiday View Post
      I'm keeping mine going. I fully expect to find outside roles.
      And that is what I would expect most seasoned contractors would have done, dependant on some other factors of course.
      'CUK forum personality of 2011 - Winner - Yes really!!!!

      Comment


        #13
        If Self Employment was an option Vs umbrella, what are the pros/cons?

        Comment


          #14
          Originally posted by quantum77 View Post
          If Self Employment was an option Vs umbrella, what are the pros/cons?
          Liability for tax and NI can remain with the client if you don't pay up. That's one of reasons why incorporation was encouraged

          Comment


            #15
            Originally posted by Lance View Post
            Nope. Not true.

            Only if you distributed funds as capital rather than dividends. All ER is capital, not all capital is covered by ER.

            wrong
            apparently only applies to MVL

            see here Striking off a company - RossMartin.co.uk

            Comment

            Working...
            X