2 ms·
They're just a middle-man who invoices on your behalf and pays you based on that. Using someone like Giant you're ceding a lot of the financial (tax) advantages
by cjrp 11y ago
They're just a middle-man who invoices on your behalf and pays you based on that. Using someone like Giant you're ceding a lot of the financial (tax) advantages of contracting though, since you pay tax as a PAYE employee.
- peteretep 11y agoThose tax advantages will start to disappear next year.
- cjrp 11y agoObviously it depends on how much you earn and pay yourself, but I think for most people they'll still be better off as a limited. Next year's changes only add up to about 2-3% increase in tax for someone taking minimal salary and the rest as dividends.