Are you working in a private capacity or supplementing your employment with additional work? If so, have you considered the most effective way to trade or IR35 considerations?
Private consultants have in recent years received increased attention from HMRC. At Riverview we look to provide proactive support. Our support can help you to manage and decrease your tax liabilities. Often tax planning is ignored or not given the time that it requires. Tax is like any other cost; it should be planned and managed. Consideration should also be given to supplementary sources of income that you may have, such as rental or investment income.
We have helped a number of private consultants to grow and develop their business, to help them achieve their desired goals.