SIPP with umbrella SIPP with umbrella - Page 5
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  1. #41

    Prof Cunning @ Oxford Uni

    WTFH's Avatar
    Join Date
    Nov 2012


    Quote Originally Posted by win10 View Post
    I am not saying you are wrong. I just want to understand it. How the above reconcile with the £214 deductions of £5000/m?

    Did you get your IR35 question answered the last time?
    I'm perfect, in a very specific and limited way.
    Hands... out infractions
    Face... the music
    Space... between the ears

  2. #42

    bored now

    eek's Avatar
    Join Date
    Jun 2010


    Quote Originally Posted by win10 View Post
    Does that mean if you negotiate less hours per week with brolly to the tune of £732/month, you wont pay any NICs and tax?
    Arent all brolly contracts in effect zero hour?

    But still wouldn't the SS kick in first before tax and NICs?
    No because the umbrella has to pay you the national minimum wage and that will be based on the typical hours as set by your agency by the end client. So it's going to be a minimum of 7 hours a day and possibly 8.
    merely at clientco for the entertainment

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