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EXAMPLE & BENEFITS
- Your net income could increase by up to 20%
compared to PAYE.
- Ability to reclaim allowable business
expenses.
- Provides the framework to enable contractors to
work outside IR35.
- Contractors are only an employee & shareholder
they don not become officers of the Co. (Director).
- No
responsibility for ownership or running of the limited
company.
- Keeps tax code under one employment yet you are able
to work for a number of agencies.
Click here to see an example 'Personal Illustration'.
How to set yourself up
Call our enquiry line on 01744 457775. We will explain
the service to you and any further questions you may
want answering. We will then send you an information
pack, application form, referral form & a personal
illustration of your savings.
Upon
receipt of your completed application form CCS will set you
up on the system. You will then be sent a Welcome Pack
which must be completed & returned. Invoicing can commence
upon receipt of a completed application.
BUSINESS EXPENSES
As long as valid receipts are provided, business related expenses can also be
reclaimed through the Contractor Company Services Ltd. Typical business expenses
may include rent for office space, business related travel, stationary and
postage.
SCHEDULE OF CHARGES
The standard fee charged by Contractor Company Services Ltd is 4% of each
invoice raised, subject to a minimum of £20 per week. If you are claiming
business expenses then an additional charge of 4% will also be made. An
insurance fee of 0.22% of each invoice raised will be charged to cover the
Company’s Employer’s and Public Liability insurance. If you don’t
work there is nothing to pay.
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