Ltd to Umbrella Ltd to Umbrella
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Thread: Ltd to Umbrella

  1. #1

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    Default Ltd to Umbrella

    Hi,
    I've been contracting through my Ltd Co since 2005. I've been approached for a long term role that looks very interesting, is paying good money, but is inside IR35.

    I'd be interested to talk (offline) to anyone on here has been in a similar situation and switched from Ltd to Umbrella. I'm not selling anything, just looking for information

    Thanks for your time.

  2. #2

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    northernladuk's Avatar
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    We've thousands of threads about umbrellas. Could you be a bit more specific what you are after?
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    Quote Originally Posted by northernladuk View Post
    We've thousands of threads about umbrellas. Could you be a bit more specific what you are after?
    Yeah... I did consider that, but this forum has a reputation for snarky replies of the 'let me google that for you' variety. This way I've made contact with a kind soul who genuinely wants to help, rather than some Cheeto-dusted keyboard warrior.

    But thanks for replying.

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    Quote Originally Posted by MojoDog View Post
    Yeah... I did consider that, but this forum has a reputation for snarky replies of the 'let me google that for you' variety. This way I've made contact with a kind soul who genuinely wants to help, rather than some Cheeto-dusted keyboard warrior.

    But thanks for replying.
    Just block NLUK and you'll be fine.

    Would you talking about the option to shut down the limited? Personally, I wouldn't recommend it as there is still the potential for future outside gigs.

    I'd just take the inside gig, de-register from VAT because you know you're not going to be accumulating enough if you're inside IR35 and fill yer boots.
    The greatest trick the devil ever pulled was convincing the world that he didn't exist

  5. #5

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    Quote Originally Posted by LondonManc View Post
    Just block NLUK and you'll be fine.

    Would you talking about the option to shut down the limited? Personally, I wouldn't recommend it as there is still the potential for future outside gigs.

    I'd just take the inside gig, de-register from VAT because you know you're not going to be accumulating enough if you're inside IR35 and fill yer boots.
    Thanks for that.

    No plans to shut down the limited

    Just looking for the wisdom of real-world experiences, things to consider etc.

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    If you're going to run both a LtdCo and work via an Umbrella, you'll need to submit your Umbrella-earned income onto your SATR even if you're not drawing an income from your LtdCo

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    Quote Originally Posted by ladymuck View Post
    If you're going to run both a LtdCo and work via an Umbrella, you'll need to submit your Umbrella-earned income onto your SATR even if you're not drawing an income from your LtdCo
    Thank you

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    Quote Originally Posted by northernladuk View Post
    How about a Cheeto-dusted keyboard warrior that guides you to where your answers are and you can have a good read up and expand from there? That's helping you help yourself no? Teach a man to fish and all that?

    It was a genuine question and I wanted to help but if you are after someone to lay it all out nicely for you then I'm done here. Couple of new threads I can go keyboard warrior today so off I pop.

    Oh dear, sounds like someone's tired.

    This is exactly what I'm talking about!

    I don't need to be taught how to fish, and i never said I wanted someone to lay it all out nicely. Not everything is documented and at the end of a link. I wanted real-world experience on a couple of nuanced points, from someone who has been there. What I didn't want was to be subjected to a pile-on of tedious public disparagement because I had the temerity to ask a question.

    As it happens, I had a reply straightaway from a very helpful person and now I have a much clearer idea of the path ahead.

    I thanked you for replying and explained my reasoning for wanting to discuss it offline. That you seem to have taken umbrage at my reference to 'Cheeto-dusted keyboard warriors' speaks volumes. Mine was a general observation of the toxicity of some comments that are typical and prevalent on this forum. You could've just ignored it, but no, straight into snark mode and then you swan off in a huff. Do you need a tissue?

    As for "helping me to help my myself", your arrogance and condescension is breathtaking. Who are you to decide what I need?

    You're a big fish in a small pond, that's all. Try a little humility now and then.

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    Quote Originally Posted by MojoDog View Post
    Oh dear, sounds like someone's tired.

    This is exactly what I'm talking about!

    I don't need to be taught how to fish, and i never said I wanted someone to lay it all out nicely. Not everything is documented and at the end of a link. I wanted real-world experience on a couple of nuanced points, from someone who has been there. What I didn't want was to be subjected to a pile-on of tedious public disparagement because I had the temerity to ask a question.

    As it happens, I had a reply straightaway from a very helpful person and now I have a much clearer idea of the path ahead.

    I thanked you for replying and explained my reasoning for wanting to discuss it offline. That you seem to have taken umbrage at my reference to 'Cheeto-dusted keyboard warriors' speaks volumes. Mine was a general observation of the toxicity of some comments that are typical and prevalent on this forum. You could've just ignored it, but no, straight into snark mode and then you swan off in a huff. Do you need a tissue?

    As for "helping me to help my myself", your arrogance and condescension is breathtaking. Who are you to decide what I need?

    You're a big fish in a small pond, that's all. Try a little humility now and then.
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