"We have set out guidelines of how you can decide which solution is best for you. There is no wrong or right option, however you can increase your take home pay depending on what route you select."

Limited Company 

Contracting for more than 6 months

Contracting via different clients in your career

Travel often, need to claim back expenses

Earn over £110.00 per day (approx.)

Work in the private sector

Not deemed as a permanent employee

Have not worked for any previous clients before

Are not working for a client for longer than 2 years

Have not been deemed bankrupt within the last 6 years

Approx take home retention: 75-85%

Umbrella

 

Earn less than £110.00 per day (approx.)

 

May be returning back to permanent employment soon

In a short term contract (days, weeks, months)

 

Need to be paid quickly

Work in the public sector

 

Prefer a hassle free payroll solution

 

Not deemed as a permanent employee

 

Want to get paid into your personal account

 

Prefer deductions are made before you are paid

Approx take home retention: 60-65%

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