Giving contractors the best of both worlds
09/11/2007(09:00)
It’s a dilemma for many – “Should I leave my job as an employee to enjoy the benefits as a contractor?” or “Should I leave contracting for working life with an employer?”. A key deterrent for some wanting to work as a contractor is the strict legal requirements set by the Inland Revenue but Tarpon believe they have the perfect solution to this dilemma.
The new HMRC guidelines are complex, but in essence boils down to one crucial factor: as a contractor do you have employed or self-employed status, and does this status apply to every new contract you undertake?
Tarpon are an employment management company with a difference where contractors always have employed status – with full HMRC compliance. Contractors working through Tarpon are issued with an employment contract, provide you with holiday and sickness pay and ensure you are compliant to IR35 regulations. Contractors continue to benefit by maximising their income by offsetting business expenses through our market leading dispensation as agreed with the HMRC.
Contractors are advised weekly by their personal Business Manager with regards to how their income can be maximised. Tarpon have a beneficial dispensation from HMRC - which means contractors can claim allowances for all genuine business expenses, without needing loads of receipts or filling in lots of forms.
If you are contemplating life as a contractor or concerned as a contractor whether you are HMRC compliant – Tarpon allow you to enjoy the best of worlds.
For a free online salary calculation please Click here.
You can also call 0845 643 1580 to speak with our advisors or go to www.tarpon-uk.com
This article has been written by Tarpon.