There is one question we get asked every day, not nearly every day or most days but actually every single day. “How much better off will I be using a limited company over an Umbrella company”

The main savings with a Limited Company over an umbrella are around National Insurance and the Flat Rate VAT Scheme.

Basically, contractors working through their own limited company’s take home anywhere between 75% - 80% of their contract value, for example:

Daily rate £200 take home between £150 - £160
Daily rate £300 take home between £225 - £240
Daily rate £400 take home between £300 - £320
Daily rate £600 take home between £450 - £480

Click to find out more.

We would be pleased to visit your office without charge, and answer all those questions contractors ask about tax and working as a contractor. We will also bring along paper copies of the above guides for you and your candidates contact Jaime Thorpe for further details.

Your candidates can now form their own limited company in just 5 minutes on our site, or if you would like to have a range of pre-formed companies available for immediate use, just contact: Jaime Thorpe - Client Liaison Manager on 0500 152 500 / 01442 232700

You may also like to read our Guide to Contractor Expenses, take home pay case studies of a contractor who is using an umbrella company and another who's working through their own limited company and Take home pay Limited company or Umbrella company - The Real Story.

SJD Accountancy are UK's largest specialist provider of Fixed Fee, Limited Company accountancy services to contractors and freelancer; we've been acting for contractors across the UK since 1992, have more than 9,000 clients; are the only National specialist firm of accountants with offices in all major cities; are the most recommended accountancy firm on the internet and have more qualified staff than any other specialist firm with qualifications from the following major Tax and Accountancy bodies - ATII, ATT, ACCA, CA, ACA, FCCA, ACMA.

We have also won every relevant award possible, including: the 'Accountancy Age Award for Excellence' twice, once in 2004 and again in 2007, Contractor uk 'Best Contractor Accountant' 2006 and 2007, Sunday Times 'Best company to work for'; are a Quality Accountant as recommended by the Professional Contractors Group (PCG) and are recommended by the Sunday Times.

Contractor Recruiters and Jobboards

Find below a list of recruitment consultancies and jobsites as recommened by SJD clients:

Archer Mathieson - The UK's number one interim management provider outside of London – recognised by Executive Grapevines 2007 report, based on market share. Archer Mathieson provides the highest standard of executive recruitment and interim management solutions in the specialist fields of HR, finance and IT.

Timothy James - At a time when most recruitment have shrunk and closed offices Timothy James has grown by 120% during the worst economic climate in our lifetime. This is testament to the quality of their consultants and the innovative solutions they deliver. Working in the executive, project management, ICT, Finance, human resources and procurement sectors.

Aston Carter - Aston Carter is a global recruitment company. Established in 1997, they operate in sixteen countries and have offices in the UK, Belgium, France, Hong Kong, Ireland, Japan, Singapore, Sweden, Switzerland and The Netherlands. They offers positions within IT, finance, public sector, health and consultancy.

Technojobs - The technical recruitment site which provides a faster and more accurate search of all the latest IT jobs.

If you would like to recommend a recruitment consultancy or have a favourite job board please email: info@sjdaccountancy.com or call 0500 152 500 (01442 232700).