Quote:
Originally Posted by markuk
Contractors who are dictated too aren't real contractors they're disguised employees and are therefore eligible to pay the same levels of tax.
This makes me think you are not familiar with IR35 and could be working within it. If you're working through a limited company this could be a costly mistake if HMRC investigate your company.
This website is a good resource on the subject:
What is a disguised employee? |
I'm familiar with IR35. As I said I've got an accountant who takes cares of all my books. Dividends, expenses, write offs - he advises me on all that.
What I'm doing is nothing new & pretty common, especially here. The oil industry in Aberdeen is worth billions, every big company here employs plenty guys on day rate. The bulk of my friends have been doing it for years, since their mid - late twenties. Only reason it took me so long is I was wanted more experience and industry qualifications on my CV.