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Umbrella Detective
@TruthUmbrella
Investigating the Contracting Industry Umbrella Providers helping reveal certain truths.
UK
Joined May 2014
153
Following
120
Followers
87
Posts
Umbrella Detective
@TruthUmbrella
over 10 years ago
@CWCWCWC1
@FCSA_org
figured as much, weve a few "organisations" like that in IT, just what happens when thers no real regulation
#pay4abadge
Umbrella Detective
@TruthUmbrella
over 10 years ago
@HMRCcustomers
...all tax, invoices etc is all handled by them, works the same as umbrella but I'm better off than PAYE? Help appreciated.
Umbrella Detective
@TruthUmbrella
over 10 years ago
@HMRCcustomers
can you give me some advice on the legality of PSC lite? Been told I become a director but don't have to do anything?...
Umbrella Detective
@TruthUmbrella
over 10 years ago
@HMRCcustomers
I work for an umbrella, am supervised so lose expenses in April, but told to use PSC lite to take advantage of flat rate VAT?
Who to follow
ContractorUK
@itcontracting
Contractor UK is home to the UK's IT contracting community. Online since 1999, offering daily news & guides, contract jobs, rates, calculators & an active forum
PaperRocket Accounting
@PaperRocketAcc
Award winning, IPSE & FreeAgent accredited contractor & freelancer chartered accountants offering fixed fee service to Limited companies and sole traders
SmartWork
@SmartWorkUK
The UK's most contractor-focused umbrella company
Umbrella Detective
@TruthUmbrella
over 10 years ago
@FCSA_org
in the interest of transparency; what's the criteria for making this list? How much do they pay you to promote them?
#umbrella
Umbrella Detective
@TruthUmbrella
over 10 years ago
@CWCWCWC1
... Ive no intention of trying to run a PSC, I'm smart enough to know I don't know enough about that. A little knowledge = danger
Umbrella Detective
@TruthUmbrella
over 10 years ago
@CWCWCWC1
... my experience with umbrellas is quite different to being a director of my own company, even if Im told "it's the same thing"..
Umbrella Detective
@TruthUmbrella
over 10 years ago
@CWCWCWC1
... This account was set up to try and expose the massive and what id say a were exploitative differences in some of them...
Umbrella Detective
@TruthUmbrella
over 10 years ago
@CWCWCWC1
thanks for the replies Carolyn. I may have given the impression I know more on this subject than I do! I've used a few umbrellas..
Umbrella Detective
@TruthUmbrella
over 10 years ago
@EPAGroupuk
...but this PSC lite thing frazzled my brain with flat rate VAT and stuff, if have no idea what I was doing. Don't like that!
Umbrella Detective
@TruthUmbrella
over 10 years ago
@EPAGroupuk
I've been told I can no longer claim expenses, I'm an it support technician, under supervision. Been with a few umbrellas...
Umbrella Detective
@TruthUmbrella
over 10 years ago
@EPAGroupuk
apparently I don't have to do anything, they do my invoices, tax & NI, Im just a named director. It's the RACS DSC model?
Umbrella Detective
@TruthUmbrella
over 10 years ago
@AskBrookson
Im on
#umbrella
I have been told I cant have a PSC as Im supervised on a daily basis but I can have "PSC lite" is that right?
Umbrella Detective
@TruthUmbrella
over 10 years ago
@HMRCpressoffice
Hi, is this a monitored account? do you actually reply to questions?
Umbrella Detective
@TruthUmbrella
over 10 years ago
@hmrcgovuk
This is an example of what 3 companies I have been referred to are offering, does this work?
#PSC
https://t.co/6DyyKwbJP4
Umbrella Detective
@TruthUmbrella
over 10 years ago
if I allow someone else to set up a company for me and run my
#PSC
, is that allowable under you new ridiculous rules?
#umbrella
Umbrella Detective
@TruthUmbrella
over 10 years ago
@HMRCgovuk
@HMRCpressoffice
looking for a bit of advice since you have killed
#umbrella
whats the deal with PSC lite?
Umbrella Detective
@TruthUmbrella
over 10 years ago
I have my doubts if it will work, been offered this by a few providers and I am completely skeptical but feel I have no choice now
#umbrella
Umbrella Detective
@TruthUmbrella
over 10 years ago
Most of u know I have been an
#Umbrella
employee with various providers for 7 years, I am now being told that
#PSC
lite is the way to go.
Umbrella Detective
@TruthUmbrella
over 10 years ago
Well just over 3 weeks to go before
@HMRCgovuk
go ahead with the stupidest plan to "increase tax revenue" ever!
#umbrella
#travandsubexp
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