Tax Saving for Contractors

Tax Saving for Contractors photo

Tax Saving for contractors working as IT consultants, engineers, dentists, pharmacists, therapists, salaried solicitors etc. is more involved than just signing up for an umbrella scheme. People are often not aware of the best structure to maximise the earnings that they can keep legitimately, so it is important to consider all the options carefully before making a decision.

Lawrence Young can offer various schemes that give contractors significant tax benefits. We will work with you to match the best scheme to your job and industry.

Key Points

  • Registered for PAYE
  • Combination of salary and employee rewards
  • Fast and easy to set up - normally just 48 hours
  • IR35 compliant
  • Business insurances include professional indemnity up to £5m
  • No joining fees or exit penalties
  • IR35 contract reviews and negotiations
  • Dedicated account manager

Please call us on 01256 811415 for an initial discussion with an accountant about tax saving for contractors.