31 May I am thinking to start contracting should I go for Ltd or Umbrella?
If you are considering using an Umbrella Company that suggests that you have never spoken to a good accountant. It is clear that the PAYE Umbrella arrangement leads you to higher taxes/Nic and a low take home income.
With a Limited Company you are in control of your finances. You learn a key skill which is managing your own business that opens a lot of avenues for future. With a good accountant the Limited Company structure is always a winner.
Please talk to us for further details.
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