Umbrella companies - Who's the best?
#6
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Try Pavillion or Paystream. Paystream will operate the VAT for you on the fixed / flat rate vat scheme so will get you an extra 5% or so with no extra hassle.
Nick.
Nick.
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#8
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You 3 are a triangle of Clitoris's
#14
Colossal Pervert
This is probably the best place to ask such a question (well, search first as it's been asked a zillion times)
http://forums.contractoruk.com/
http://forums.contractoruk.com/
#15
i'm with paystream atm to run my ltd company there rates have changed and are now charging shit loads i'm looking to leave, never had a problem with paystream mind but there rates are silly now
#17
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Google is your friend, Christian, and I DID look 1st as I KNEW you'd try and pull me up on that!
http://marnanel.org/writing/plurals
Have your 'Thick cunt' back my good friend!
http://marnanel.org/writing/plurals
Have your 'Thick cunt' back my good friend!
#18
Get on That!
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no no no don't even bother with an umbrella company they rip you right off bigtime
get yourself a limited company costs Ł80
go find a good local accountant and ask how much to do your book for a yr?
i take it your just contracting and all you need to be able to do if pay yourself?
if this is the case go limited you can claim 40p a mile, work clothes along as you purchase threw your company name, vehicle, servicing, home internet (if your in IT) etc etc
i tried all the umbrella companys and they wanted on average Ł25 + V.A.T a week which works out at Ł1527.50 just for there fee's then depends if you pay full P.A.Y.E you or go limited that money for them for nothing
I setup my own limited company, went to local accountant and he will charge me Ł695+ V.A.T for doing my year end account based on my simple IT Contract, this way i pay myself a minimum N.I and the rest if taken a company earning i put 1/5 of that in a online saying account for when i have to pay my corporation tax when it due in august
because i do it this way i'm Ł3500 better off a yr and i can claim for expenses if you go umbrella company you can't claim for alot if anything
plus you only need to do the V.A.T thing if you are VAT registered if you don't purchase anything and all you need its to pay yourself do it my way
if you do purchase items for your work go VAT registered and then you can claim it back my accountant would charge an extra Ł200 on top to do VAT returns which tbh i think is very cheap
Last edited by silky16v; 23-06-2008 at 11:56 AM.
#19
PassionFord Post Whore!!
I would use Churchill Knight (www.churchill-knight.co.uk) as they do your VAT and year end accounts and everything but thats if you run as a limited company.
#20
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Thanks for the reply mate, I am contracting, but will be for a maximum of 3 months (maybe 2), then I will be taken onto the companies books.
I do understand if it was longer than 3 months, then setting up a limited company would be the better option.
I do understand if it was longer than 3 months, then setting up a limited company would be the better option.
#23
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im contracting in IT and i pay 70 a month to Highford they pay me 40p mile and all other good benefits, so far so good. If you want to know more PM me ill tell u more or give you names and contacts and of course my name
its just less hassle mate especially if your on a 3month contract
its just less hassle mate especially if your on a 3month contract
#31
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parasol arent the best and i suspect you will have issues when pay day comes! same as Giant they are a big pile of camel poo.
IFL Management are good! if any1 else looks for an umbrella company.
IFL Management are good! if any1 else looks for an umbrella company.
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