umbrella companies and childcare vouchers

[leftfork]

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]

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

[LucindaCarlisle]

Only when it is raining.

[leftfork]

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

Thanks