Using Contractor Umbrella Companies Explored In Detail

As an alternative to setting up your own limited company one can use an umbrella company. Basically, an umbrella company serves as a go-between with the contractor and their client (either an employer or an agency), with their main responsibility being to organise the payment for your work.The major distinction between working via your own limited company and under an umbrella is your employment status. Working for your own limited company, you are a director and can gain benefit from an assortment of methods for minimising your exposure to tax; as long as you are willing to take full

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