At 15:40 20/03/2001 +0000, Gareth Harper wrote:
>----- Original Message -----
>From: "Robin Szemeti" <[EMAIL PROTECTED]>
>Sent: Tuesday, March 20, 2001 3:06 PM
>Subject: Re: Matt's Scripts Projects
> > On Tue, 20 Mar 2001, you wrote:
> > apart from that the benfits of running as a Limited Company are large
> > (ish) assuming you can escape from the clutches of IR35. by careful
> > handling of the way you do things your overall tax and NIC burden can be
> > 'effectivley managed' and you should see 80~85% of what you earn actually
> > ending up in your pocket.
>but iosn;t the same true when acting as a Sole Trader ?  You still invoice
>people as you would as a Limited Company (I asked an accountant friend of
>mine for advice and he suggested I go with Sole Trader which is why I'm

IANAL but I think that clients become liable for paying certain dues, NI 
IIRC, if you, as a sole trader or casual worker, are based on a client 
site, directed by the client, for a long period of time (for some value, 
unknown to me, of "long").

By retaining a limited company, the client is absolved of this obligation.

There could be other reasons or this reason could be completely false. It's 
been several years since I looked at this.


Reply via email to