If you are a limited company director working through your personal service company, you are in the right place.
You will be affected by off-payroll rules that govern those working on government contracts in the public sector.
These recent changes could mean that you would benefit from working through an umbrella company whilst on your government assignment. You will be looking for a straightforward solution to receive your payments that can be easily ceased when you return to working in the private sector.
Switching to an Umbrella
Being offered an assignment that appears to require additional administration for your limited company to handle doesn’t mean you have to turn it down and miss out on the opportunity to work. You can engage the services of Pace Pay’s umbrella company for the duration of the assignment and return to your limited company for your next private sector contract.
Unsure how this will work in practice? Then please schedule a call with our team. They have offered guidance to those individuals in a similar situation to yours and will be able to answer any questions you have.