The age old question - Ltd Company or Umbrella?
Well the simple fact is that freelance contracting through your own Ltd Company is much more tax efficient than working through an umbrella company. So why do some people still use umbrella companies?
That's simple, if your contracting for less than four or five months just while you are in between permanent roles then it does not make sense to go through the process of setting up and then having to close down a Ltd Company.
There are also a number of people who use umbrella companies simply because they believe they are not organised enough to manage and run a Ltd Company, this can be true, but it is also where we come in. We help you to stay organised so that you can manage your company with ease whilst enjoying the tax benefits it brings.
If you want to talk to us about either Ltd Company or umbrella company routes then please contact us today.