The way I see it as a foreign contractor seeking new clients oversees, say, Canada, is that I work under such umbrella company and get work permit and be paid through this company rather than getting into the headaches of setting up a company in that country and you know what the procedures like when starting a company in a country like Canada. So, it's a huge benefit over LLC, isn't it, or am I missing something here? thanks
@pritijain3547 Жыл бұрын
Thanks for the details. Do you people assist expats in Netherlands?
@acumenaccounting Жыл бұрын
Thank you for your message. Yes, we deal with expats residing overseas. If you have any question you can email us at admin @ acumenaccounting .co.uk
@andreadellepiane9911 Жыл бұрын
I'm an Agency nurse thinking about the limited company as next plan. Is it possible to use money earned with the business for paying personal expenses like bills or rent or other expenses out of the business once I set aside a part of the gross income for future taxes? Thanks
@acumenaccounting Жыл бұрын
Personal expenses are not allowable expenses for tax purposes.
@andreadellepiane9911 Жыл бұрын
Thanks, my point is, out of the taxable expenses like fuel, mileage etc, is it legal to use part of my income for my personal expenses? I'm currently the only breadwinner at home so it's important to know whether I can use money earned via limited company for my bills and rent. I read that taking money out of a limited company can be done in different specific ways but I thought it is applicable when the ltd is involving more people in it. I just want to know whether I can transfer monthly a part of my income for non business matters without problems. Thanks for your quick reply
@acumenaccounting Жыл бұрын
This is a specialised area. Please call on our office no 01918149799 and ask for Wajid. He is the Accountant who will explain you all this in details.
@videau2342 жыл бұрын
what if an umbrella company opens an LLC in the contractor behalf? Is it legal?
@acumenaccounting2 жыл бұрын
It’s a specialised area. Please book an appointment to discuss with qualified Accountant.
@joycejose3006 Жыл бұрын
Hi, I would like to know how safe it is for tier 2 visa candidate doing agency job under umbrella company
@acumenaccounting Жыл бұрын
You should consult with immigration solicitor on this. We are Accountants and Business consultants.
@robblackmore88382 жыл бұрын
Yeah fk umbrella companies. I hate the fact they are even allowed to operate legally. They should be outlawed completely.