We all want the best deal possible. We all want the best value, the cheapest price. That is why when as a contractor you see the following advertised:
Take a second to consider, Is this believable? Is this realistic? I want it to be true but how can it be?
We totally understand why when researching which Umbrella company to use that these are headline grabbing banners. Of course any sane individual would choose the method of payment that resulted in getting the “best deal” wouldn’t they?
Just fully consider what you are letting yourself in for.
Thousands of contractors unaware of the implications of the decision in using an uncompliant payroll model have been left with crippling tax bills. Being unaware of doing something wrong is unfortunately not a valid defence, there is no excuse.