The drawbacks to working through an umbrella company are:
- You'll have less control compared to running your own company.
- You may find it more tax efficient to operate through a limited company.
- There are a number of umbrella companies operating illegal arrangements, so you'll need to exercise caution before signing a contract.
The drawbacks to working through an umbrella company are:
- You’ll have less control compared to running your own company.
- You may find it more tax efficient to operate through a limited company.
- There are a number of umbrella companies operating illegal arrangements, so you’ll need to exercise caution before signing a contract.
We explain which contractor segment you might fall into. We walk through IR35 and the implications for you and how you may fall inside or outside of IR35.
- What is a contractor
- Types of contractors
- Contractor business structures
- Contractor accounting
- Understanding IR35
- Contractor insurance
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Book a free 20 minute call with an accountant to talk though starting, registering or switching your company.
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- Registering for VAT
- Self assessment
- Sole trader vs limited company
- Dividends and personal tax
- Registering your company
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