what's right for you?
agency PAYE
The basic option, agency PAYE, is the least profitable for you because you receive a salary but no
expense allowances.
limited company (PSC)
Following the introduction of the ‘Managed Service Company’ and ‘Third Party Debt Transfer’ legislation on
6th April 2007, giant no longer recommends the use of limited companies for contractors.
umbrella
An umbrella company allows you to claim bona fide expenses, which means more pay in your pocket.
You have no admin, no commitment, no hassle and no limited company statutory or legislative worries and responsibilities.
We can help you here: giant strongbox was voted Best Umbrella Company 2006, 2007 and 2009 by readers of Contractor UK.
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