Mon 8th Feb 2016
From the 6th April 2016, contractors working with an umbrella company will no longer be able to claim for Travel & Subsistence. Whilst this could mean a reduction in income, there are solutions for contractors looking to maximise take home pay. By setting up as a limited company, you could take home up to 85% of your earnings and protect yourself from the changes in regulations.
It doesn't change the way you work.
Setting up a limited company doesn’t have to be complicated if you do it the support of industry experts. You can carry on doing exactly the same as you do now and focus on your day to day job; NWM’s sister company, 2020 Accountancy will handle the rest! 2020 Accountancy are on hand to manage the whole process, from establishing your Limited Company to the monthly processing of invoices to keep you up to date.
2020 Accountancy offers you -
• Fast and easy set-up of your Limited Company.
• Your own qualified Personal Accountant who you can message via our superb online accounting technology.
• Easy Online access 24/7- with instant access to expenses, timesheets and balances.
• Competitive Fees.
Simple to use dashboard
2020 accountancy online portal is based around a simple to use dashboard that shows you exactly where you stand, including exactly how much you can pay yourself each month. Everything is set out for you to keep up to date with your account, at the touch of a button, any time of the day. If you have any questions then our experts are at the end of the phone, giving advice specific to your situation.
A choice of plan to suit your needs
2020 recognise that every business is unique, so we offer packages to suit you. Simply select the level of assistance you require and pick the price plan to match. You never pay more and you will always know what you are getting.
We urge anyone worried about changes to T&S to contact us to talk through the options, and make sure you continue to make the most from your income.