Re: RE:Umbrella Company & NICs

Thanks Everyone
So the NI/Tax is the same, but the expenses issue is interesting. My
commuting could come to £4,000 pa which I could not claim as a PAYE
employee, so I could tot up expenses for tax relief each year under
this umbrella?
Wetandwindy

Tim Ward wrote:
<googlenospam@xxxxxxxxxxxxx> wrote in message
news:1151607076.337226.251880@xxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

Can anyone give me a quick figure please on the
tax and NIC advantage of using an umbrella company?

Exactly zero. They can't claim anything that you couldn't with your own
company.

--
Tim Ward - posting as an individual unless otherwise clear
Brett Ward Limited - www.brettward.co.uk
Cambridge Accommodation Notice Board - www.brettward.co.uk/canb
Cambridge City Councillor

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Relevant Pages

  • Re: Expenses with Umbrella Company n Zero-Hours Contract
    ... I'm currently working on a 3 month contract using an umbrella company ... The umbrella company allows me to submit expenses of £30/day ... The umbrella simply doesn't have to put it on the P11D but you ned to prove you've incurred the expense in the event of a tax investigation. ...
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  • how do i complain about an umbrella company
    ... how do i make a complaint about an umbrella company if they dont have ... a complaints procedure set up on their web site. ... I have constantly had expenses held back and have even had holiday pay ... when there computer system went down and never added my expenses ...
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  • Re: Umbrella Company & NICs
    ... No, this is not true, there are no more expenses that can legally be claimed ... when working for an umbrella than when working for anyone else. ... a lie. ... Cambridge Accommodation Notice Board - www.brettward.co.uk/canb ...
    (uk.consultants)