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End of First Contract With Umbrella Company

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    #21
    Originally posted by The Spartan View Post
    Thanks Lisa as always you're awesome, that's what more or less happened to me except that I ended up on a 1 year contract in Switzerland
    Bless you Spartan
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      #22
      Originally posted by Bones View Post
      My intention was always to work multiple contracts through an umbrella company, for simplicity and still get the tax breaks, possibly considering LTD somewhere down the line as a future option. Having completed my first contract and informed the umbrella company I am wondering why they have sent me a letter of resignation to sign, ending my employment with themselves when they must know this will result in the tax man wanting all of the allowances back? This would not seem to be a normal course of action for most people working through an umbrella company. So why would they assume I wasnt going to move on to another contract position? Why wouldnt they point out the financial implications of only completing one contract position, which would seem to be fairly basic guidance on the part of any decent umbrella company. Not that this company's guidance has been anything less than appalling so far! I am therefore VERY cautious ANYTHING they say.

      I will of course be asking them but thought I would get opinions here first and clarify due process for something I have not done before.
      It is the intention that is important here - if it was your intention to work on more than one assignment through the umbrella company then the travel expenses were allowable and would not be revoked
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