Following on from our earlier post on current tax strategies we have set out an overview of an opportunity for contractors together with a variation on this which is available to directors. We would again stress that this is about understanding your options and the associated risks. In short we would rather you hear about these opportunities from us and have a sensible discussion about whether they fit your circumstances. The area around contractor solutions is complex which has not been helped by the huge amount of misinformation that exists in this market place and historically commercial solutions that simply don't work.
Contractor Solutions- for individuals providing personal services. Equivalent monthly contract value in excess of £4,000. Indicatively the net funds available to workers will be between 82 to 84%
Contractor Solutions for directors - for individuals in owner managed companies currently providing services to the company as a director, there is an opportunity to provide services in the form of consultancy. Equivalent monthly contract value in excess of £5,000. There is a substantive process which can deliver significant long-term benefits to the individual and the company. Indicatively the net funds available to workers will be between 80 to 82%.
Please contact us if you would like to know more.
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