Why choose a limited company?
Depending on your circumstances, trading through your own limited company may be more tax efficient than Agency PAYE or working through an Umbrella company.
Is trading through a limited company the best option?
Working through a limited company could be the best option for you if:
- You earn £20 p/hour or more
- You are a long-term contractor with a number of different contracts or you tend to work on multiple projects
- You aren’t caught by IR35
- You are happy with the responsibilities of running your own limited company
If you do not meet all of the above criteria then we would advise you operate through Focused’s PAYE Umbrella.