If you are considering using an Umbrella company, we would like to discuss with you the other option available to you. Umbrella companies have their benefits but for most contractors that anticipate being engaged on a contract for six months and more, a limited company may be the better option.
There are plenty of benefits to forming a limited company. Other than giving you a better return than the Umbrella solution, going limited gives you the freedom to have complete control. The table below shows how much you can take home through Ltd and Umbrella.
|
Ltd Company (Outside IR35) |
Ltd Company (Inside IR35) |
Umbrella Company |
|
Monthly Income £4,000 |
Monthly Income £4,000 |
Monthly Income £4,000 |
|
Monthly Take Home £3,340 |
Monthly Take Home £2,930 |
Monthly Take Home £2,820 |
|
84% |
73% |
70% |
Ask one of our expert accountants to provide you with a personalised example today.
We provide a hassle free service. We have a choice of three packages but all of them have been created to take away the stress of looking after a limited company. Your dedicated account manager and the award winning cloud based accounting software FreeAgent will combine to ensure that there are only three things that you need to do on a weekly or monthly basis.
Call us and we will talk through your options and if you decide that forming a limited company is the solution that meets your needs and requirements, we will proceed with the formation.
| Most Popular | ||
|---|---|---|
| Lite | Essential | Premium |
| from £100* per month | from £150* per month | from £200* per month |
Suited for experienced contractors who only need help at year end Find out more |
Perfect for most contractors, especially those happy to take on a small amount of admin Find out more |
Everything you need plus online bookkeeping Find out more |
Call me back
Leave your details and we'll get in touch.
Sign up for a Crisp Contractor package.
