If you’re researching the market for a suitable umbrella company, you’re likely to come across a wide variety of schemes, some of which claim to offer unusually generous rates of take home pay.
Some of the most frequently-used claims include:
“90%+ take home pay”
“100% HMRC compliant”
“QC approved scheme”
PAYE vs. tax avoidance schemes Legitimate PAYE umbrella schemes can only ever provide clients with the same amount of take home pay – subject to standard deductions for income tax and National Insurance Contributions. The only difference contractor clients should notice between providers is in the weekly or monthly processing fee they charge. Read the full article at http://www.itcontracting.com/truth-take-home-pay-claims/