We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Has MSE helped you to save or reclaim money this year? Share your 2025 MoneySaving success stories!
umbrella company ltd company ????
Comments
-
Hello Mundouk,
Forget Umbrella companies. And go Ltd Company.
I'm a contractor of 5 years.
My 1st year I was with an umbrella.
The took far too much of my income!
They also once took 6 weeks to pay me at once stage. And they didn't seem to care when I complained. Awfull customer service.
Eventually I got it sorted, via me hassling them and that's when I went Ltd.
Never looked back.
Get a good accountant.
Try and go with someone via a recommendation from other contractors.
Get yourself a business bank account.
Get VAT registered.
Sorted! Go Ltd!
I've now found most of my earnings go to me rather than some 'Umbrella Company' taking far too much of my income!
Best o luck.
JLN
I suggest,0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.9K Banking & Borrowing
- 253.9K Reduce Debt & Boost Income
- 454.7K Spending & Discounts
- 246K Work, Benefits & Business
- 602.1K Mortgages, Homes & Bills
- 177.8K Life & Family
- 259.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards