UK Umbrella Companies Are you making the most of your contracting income? Want to find out for free?
Whether you are: running your own Limited Company, using an Umbrella Company or a Financial Management Structure it’s always worth finding out whether you’re using the best possible structure for your situation. Our service is completely free and will take 2 minutes of your time so why not contact us and find out whether you are maximizing your net income.
Just fill in this brief form and we will get back to you straight away. Want to know more? We have alot of information on contractor taxation in the uk, including Case Studies of UK Contractors tax problems Case Study Cameron, an IT consultant was running his own Limited Company.
He was making £30 per hour. On this amount he was turning over £72,000 per annum. After deducting his expenses his taxable income was £60,000. Irrespective of his split between PAYE and Dividends he was still going to fall into the 40% rate of taxation.
He contacted us and we set him up though a Financial Management Structure where he was able to net 15% more of his income. This mean he was earning an extra £10800 per year! Wouldn't you like an extra 10k? MoneyMan action figure courtesy of HappyWorker