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Following changes to off-payroll working rules and the end of a 12-month ‘light-touch’ enforcement period, many contractors are finding it increasingly difficult to operate ‘outside IR35’ through a limited company.
Some contractors are now at risk of being permanently locked into high tax, low benefit ‘inside IR35’ arrangements.
Umbrella Accountants are working with SFP Corporate Solutions Limited (SFP), as a preferred business partner, to provide a cost effective solution where shareholders are looking to close down their company and extract funds utilising Entrepreneurs Relief.
The SFP Group are a multi award winning mid-tier insolvency practise. SFP work with a significant number of accountants across the UK and are fast becoming a leading name in the MVL market.
The partnership provides a value added service that may be relevant to a significant number of Umbrella Accountants clients.
