Getting Paid Via A Paye Unbrella Company – Is It Beneficial?
I’m an Agency temp and I now have to pay an umbrella company to do my wages. They say I’ll pay less tax and NI and can claim expenses, but if I pay less NI does this mean that my state pension will be reduced and does it mean that I’ll loose the right to sick pay etc? – anyone know about this ?
My Previous Umbrella Company Over Paid Me And Now They Want It Back… What Are My Rights?
No matter where you live, what country, what company or the money amount the golden rule remains the same: you do not keep what it’s not yours. You have NO RIGHTS.
Are Contracting Fees Paid To A Prime Contractor Tax Deductible?
Are fees paid to a prime contractor to allow our company to receive a contract under one of their existing contracts deductible? For example, we submit a bid to the prime contractor for $120,000 to perform the project. The prime contractor receives this $120,000 from the government for the services we are performing, but only gives us a subcontract for $100,000 to perform what we have estimated would take $120,000. Is this $20,000 “fee” we are having to pay this prime contractor a business expense and tax deductible?
Thanks,
