Managed Ltd Company for an IT contractor
Managed Ltd Company for an IT contractor
Author
Discussion

offroading.net

Original Poster:

3,189 posts

221 months

Saturday 14th February 2009
quotequote all
Who are people using / would recommend?

Don't want to do a paye umbrella or some dodgy overseas arrangement.

Pulling in £1k a week at the mo and had a quote from Tarpon (WTF chose that name!) with 70% in my pocket each week after fees and darlings cut, is that a good figure?

cheers

Steve

UpTheIron

4,058 posts

299 months

Saturday 14th February 2009
quotequote all
Tarpon are a PAYE umbrella. PH rules prevent me from giving you my opinion of them!

You have three choices:

1) PAYE umbrella
2) Dodgy offshore scheme
3) Run your own Ltd company

Option 3 will give you the highest net return for a little effort...running your own company will take you no more than an hour or two a month at most.


offroading.net

Original Poster:

3,189 posts

221 months

Saturday 14th February 2009
quotequote all
how are they giving a 70% return on paye? would have thought it would be less.

Looking for someone who will do all invoicing and paye/divi stuff and just give me a net pay slip and cash in my bank with no hassle of me running a LTD company

Edited by offroading.net on Saturday 14th February 16:59

Eric Mc

125,885 posts

296 months

Saturday 14th February 2009
quotequote all
offroading.net said:
how are they giving a 70% return on paye? would have thought it would be less.

Looking for someone who will do all invoicing and paye/divi stuff and just give me a net pay slip and cash in my bank with no hassle of me running a LTD company

Edited by offroading.net on Saturday 14th February 16:59
What's the exposure to IR35?

UpTheIron

4,058 posts

299 months

Saturday 14th February 2009
quotequote all
offroading.net said:
how are they giving a 70% return on paye? would have thought it would be less.
By encouraging you to claim for expenses you haven't incurred.

offroading.net said:
Looking for someone who will do all invoicing and paye/divi stuff and just give me a net pay slip and cash in my bank with no hassle of me running a LTD company
How much will you pay for this service? Also consider that such a solution may be caught by MSC legislation. I don't know what they are like, but I believe www.brookson.co.uk will offer what you are looking for.

anonymous-user

85 months

Sunday 15th February 2009
quotequote all
Good friend of mine is one of the head guys at - http://www.freelanceworld.net/home/index.cfm?id=1 let me know if you want his email address.

They seem to do al that your looking for and from what I hear from others offer a decent service.

P

Taita

8,016 posts

234 months

Sunday 15th February 2009
quotequote all
Careful of Brooksons, they aren't doing brilliantly financially and their IT is a mess hehe