UK Tax Enquiries
We provide UK tax and payment solutions for contractors and freelance workers. All you have to do is send in your timesheets and expenses.
What you need to know
- We know all the options for expat contractors
- You choose which service fits you best
- We help you make more money
- All you need to do is explain what you’re after
- Our advice is free!
We’ve helped hundreds of contractors
“I got offered a lucrative long term UK contract but wasn’t sure about my tax situation. A friend pointed me to Contractor Taxation. They helped me understand my options and gave some advice based on my circumstances. I picked a structure that suited me perfectly and it was all sorted out in days!” Toby R, SAP Consultant.
Are you a Contractor in the UK? Do you want to keep more money in your pocket?
We have the answers including a great tip for making sure your umbrella company is one of the good ones.
There are thousands of umbrella companies in the UK that offer tax solutions for contractors. With some, you’ll get 83% of gross billing. That means if you are earning GBP50 an hour these guys will pay you GBP41.50 in your pocket free and clear.
What’s the catch?
If you choose the wrong company you might get in trouble with the taxman.
Read on to learn how to pick an umbrella company and the special extra protection you’ll get from the best contractor management companies. Hint… if a company doesn’t have this protection then they aren’t the best umbrella company.
Openly and honestly structuring your affairs to reduce your tax burden is common sense.
Tax minimisation or legal tax avoidance has been around as long as the tax itself. In the UK one overriding principle has never changed
“No man in this country is under the smallest obligation, moral or other, so to arrange his legal relations to his business or to his property as to enable the Inland Revenue to put the largest possible shovel into his stores. The taxpayer is entitled to be astute to prevent, so far as he honestly can, the depletion of his means by the Inland Revenue.”
Lord Clyde 1929
Do you want to know more about tax-efficient contracting solutions?
There are thousands in the UK all claiming you will pay less tax by using their special *insert tax scheme here*. It might be off the shelf limited companies or personal service companies or offshore payments or EBTs or PBTs or pension schemes or loan schemes or… are you confused yet?
Choosing the right specialist in contractor payroll could save (or COST) you thousands of pounds a year. If you choose a bad umbrella company you may get investigated… or they might even go bankrupt owing you money.
Do you know the two most common ways that contractors choose an umbrella company?
- The same one is used by the contractor next to them at work.
- The one their recruitment agent recommends.
Um… the contractor next to you and your recruitment agent aren’t experts. They just want to get a referral fee from the management company!
*Disclosure: We get referral fees from management companies too, but we are experts!*
Everyone knows the basic questions to ask of an umbrella company: how long have you been in operation, what administration do I have to do, how many contractors do you have, am I an IR-35 contractor, can I income split with my spouse, am I a personal services contractor, is your company a composite company, etc.
How to figure out what’s important in how you maximise your net income.
Ask yourself these questions:
- How much risk do you want?
- Is this company reliable?
- Will your recruitment agency pay your proposed umbrella company?
- Do you need access to all your money straight away?
- How long do you plan to be in the UK?
- Do you want some funds to go to family members or dependents?
Don’t forget the special extra protection that only the best umbrella companies have. The same industrial-strength protection enjoyed by big corporates and the mega-rich that we found out from companies who go the extra mile to protect their customers.fhre
What is it? All the schemes from our recommended umbrella companies have already been REVIEWED and APPROVED by the Inland Revenue. So if the tax man ever wants to ask any questions you can show them the document where they already approved how you are getting paid.
This is pretty cool but to be safe you should know you’ve got the big guns on your side. Some of our partners have had a QC review their structure and give a judgement on it. Tax QC charges thousands of pounds an hour to give these opinions and they are worth their weight in gold. They are probably worth more than that!
Just the mention of a Tax QC sends a tax inspector running. These guys are in court every day defending millionaires. Consider it your extra line of defence against the taxman!
If you want us to help you choose an umbrella company (it’s FREE!)
- Fill in our form. It takes 30 seconds to give your basic details.
- We will respond by email giving you advice straight away and possibly asking further questions to make sure it’s a good match.
- You can ask us any questions you like (still FREE!) and we’ll talk through your options with you.
- If you like any of the options we suggest then we can introduce you to the providers.
We don’t charge you anything for our services.
We will show you how to pay less tax
- Maximise your net income by using tax efficient contracting solutions
- We know the best specialists in contractor payroll
- Umbrella Companies, Contractor Payroll, Employee Benefit Trusts, Partner Benefit Trusts, tax schemes, loan schemes and more
- Easy administration – just send in your timesheets and expenses
- We have solutions for personal services contractors and IR-35 contractors
- Our advice is free!
Tax Minimisation is common sense
“…if anybody in this country doesn’t minimise their tax, they want their heads read.” Kerry Packer
“Anyone may so arrange his affairs that his taxes shall be as low as possible; he is not bound to choose that pattern which will best pay the Treasury; there is not even a patriotic duty to increase one’s taxes.” Judge Learned Hand
“Every man is entitled if he can to order his affairs so as that the tax attaching under the appropriate Acts is less than it otherwise would be. If he succeeds in ordering them to secure this result, then, however unappreciative the Commissioners of Inland Revenue or his fellow taxpayers may be of his ingenuity, he cannot be compelled to pay an increased tax.” Baron Tomlin
Our advice for contractors is to review several options and make sure the company you choose understands your circumstances. There are thousands of contractor umbrella companies and most have specific areas of specialisation such as off the shelf limited companies, EBTs, Loan Schemes or PBT. We help you understand the best match for you and introduce you to established, reliable and compliant operators. Ask us for your Contractor Taxation Advice.