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umbrella companies and childcare vouchers

(4 Posts)
leftfork Mon 08-Nov-10 13:45:23

Hi there,

Any contractors out there using umbrella companies that offer childcare vouchers?

Do they exist or does it affect other tax breaks?

Any other tips for a mum returning to contracting (IT - ish) after 3 years out.

Thanks

L

seeyoukay Mon 08-Nov-10 16:09:21

Yes. Run your own Ltd. Much more tax efficient than umbrellas. Not much paperwork and can give yourself child care vouchers as well.

LucindaCarlisle Mon 08-Nov-10 17:07:16

Only when it is raining.

leftfork Tue 09-Nov-10 14:30:34

Seeyoukay - Thanks - you are confirming what I know I should do but am afraid to do!

I am thinking about this but afraid of what to do if contracting doesn't work out (2nd recession looming?) or I decide to go permanent in the future.

Also for own ltd - any tips on key points to consider for an accountant?

Lucinda grin

Thanks

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