Deciding whether to work through an umbrella company or a limited company can be confusing, however finding the right option for you is not just about what you want to do but it is also dependent upon your circumstances. For instance, if you fall inside the scope of the IR35 legislation then working as an umbrella company contractor is the best solution for you.
Advantages of working through an umbrella company
Disadvantages of working through an umbrella company
Working through either an umbrella company or limited company each comes with its advantages and disadvantages. The important thing is to decide which way of working suites you best. If you want the easiest hassle free route with little to no administrative burden then working through an umbrella company may be the best choice for you.
If you'd like more information on how our umbrella company service, My Max, can benefit you then please click here.