Simplifying Your Tax Accounting

Running or thinking of running your own company?

If you’re a contractor running your own limited company, you have a heavy burden.

You must complete multiple forms annually for VAT, Corporation Tax, PAYE, the Annual Return and Company Accounts. On top of that you have to calculate all your own Income Tax, Employer’s and Employee’s National Insurance. You have to understand the rules surrounding expenses. Potentially you might have to submit to an HM Revenue and Customs investigation.

Then there are the combined threats of ‘deemed employee’ status under IR35 and the risks of fines if you try to spread your tax liability with your spouse.

What a nightmare!

But that’s just the beginning. You’ll also have the costs of paying an accountant, paying bank charges and paying statutory fees for creating the company and filing the Annual Return. Get any of it wrong and you could be disqualified as a director or in extreme cases sent to prison.

It doesn’t have to be this way.

At Umbrella Staff, we have a dream.

We dream about paying you more, safely and fast. Our experienced tax consultants and the high degree of automation in our systems mean we can get this right first time and every time. We will pay you all the money you’ve earned, minimising your tax bill and keeping you absolutely on the right side of the law.

And, we do all that for just £65 a month after tax.

Get an illustration now, or sign up to join us.

You’ll be glad you did.