>> An addendum. Setting up a corporate identity, where the reality is that the beneficiary is
>> an individual is more than a wheeze. It is untrue.
Why? On that basis, every business owned by more than one person should be a partnership too.
Operating as a company saves me a bit of tax (NI actually) but also gives me limited liability. It also means less hassle from companies I work for, who don't want to deal with individuals as ad hoc consultants because it potentially puts them on the hook for employers NI etc. Dealing with me as a company means any IR35 issues (based on me being an alleged employee rather than an independent supplier) with HMRC are on me.
There is incidentally no artifice in my status; typically I only do a few days work spread over a longer period, have no contracted hours or regular place of work, and I operate autonomously.
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