IR35 - Outside to umbrella IR35 - Outside to umbrella - Page 2
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  1. #11

    Banned


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    Quote 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.

  2. #12

    My post count is Majestic

    northernladuk's Avatar
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    Quote 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!!!!

  3. #13

    Nervous Newbie


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

  4. #14

    Godlike

    ladymuck's Avatar
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    Quote 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

  5. #15

    Fingers like lightning

    mrdonuts's Avatar
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    Quote 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

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