Contractors Umbrella Company Alternatives

We all are painfully aware our taxation changes on a yearly basis, however, as such we are often provided with areas where we may pay less in tax given the right information. The government of the day may feel the need to increase the higher rate of income tax for the country’s best educated and hardest working people, such as the 100,000's of freelance contractors who work in the UK.

N-Square, one of the well established offshore tax efficiency planning and umbrella company alternatives, have studied and continue to study the tax laws that relate to the contracting industry. The company has developed a range of products from umbrella company structures, through traditional limited company based solutions, to the more advanced and highly efficient umbrella company alternatives which are the EBT based structures allowing their clients to take home up to 88% of their gross contract value. Whilst this structure may seem "to good to be true" N-Square ask contractors to take the time to look through their very informative literature at its online portal, Contractors-Tax.co.uk, and to allow time for one of the company’s tax planning experts to discuss with them the ins and outs of the umbrella company alternative structure.

Unlike other companies in the sector N-Square are not looking just to sign new business. Once signed up to one of their products you will be provided with a range of support services. N-Square will take care of all of your week to week paperwork, such as timesheets, invoicing etc. They will also work with you on completing your annual self assessment form. N-Square will provide you with all of the insurances that you need through their insurance partner, Lifesure Group. They can help with recruitment and finding new work contracts in all industries.

N-Square are based on the Isle of Man, an offshore financial centre which is on the UK government’s White List of offshore financial centres. All of their products are completely disclosed to the UK HMRC and Inland Revenue Services. And have been tested to be fully compliant and endorsed by leading UK Tax Counsel.

N-Squared pride themselves on their professional and dynamic approach to contractors tax planning.