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Limited VS Umbrella: Which Option is Best?

Limited VS Umbrella Assessment Tool 

One important choice that each new contractor has to make is how they are going to operate and organise their finances. For many, that means choosing between umbrella company employment and trading through their own limited company. The question of Limited vs Umbrella can be a complex one, as each has its merits and the best option for you depends very much on your circumstances.

The limited company option is the most tax efficient and is generally better for contractors who are earning more, are outside IR35 and are comfortable doing a small amount of administration. Umbrella is suitable for contractors who want a simple PAYE solution along with the security and benefits of employment.

Use our Limited Vs Umbrella assessment to find out which option is likely to be best for you. If you have any questions, or if we can help in any way, please call our expert team on 01296 468 483 or email info@orangegenie.com.

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