If you work as a contractor, chances are you have wondered whether to operate under a PAYE umbrella company or as a limited company at some point. In this guide, we will explore the pros and cons of each option to help you come to an informed decision if you haven’t already. Each of these options has a range of advantages and drawbacks, and what’s right for one business may be completely wrong for another.
Along with over 13 years experience in the contractor payroll industry, and after spending most of his working life as a financial advisor in the regulated financial services industry, Mike has garnered an extensive network of contacts in the recruitment industry, many of whom trust both him and the One Click Group to handle their accounting. Mike has also been a member of various industry bodies throughout the years, such as the British Institute of Recruiters, in order to champion best practices across the contractor payroll industry.