The financial and regulatory landscape is becoming increasingly difficult for the individual to safely navigate outside of their own work. Let us take the strain off while providing complete security and support, allowing you to concentrate on what you do best. The table below shows a direct comparison of INTERLINX against the more typical Umbrella solutions.

If it’s maximum return for minimum hassle you seek, look no further.

 

 

NO NEED TO RUN YOUR OWN LIMITED COMPANY

Avoid the hassle of running your own Limited Company altogether. Additionally, with incoming legislation a Personal Service Company will become an inefficient way to organise your finances!

NO NEED TO DRAW DIVIDENDS TO GAIN A TAX BREAK

A soon to be hampered method from April 2016

NO RELIANCE ON EXPENSES TO GAIN A TAX BREAK

The use of ‘grey-area’ expenses to inflate costs and reduce profit will be unsustainable from April 2016

YES TO MAINTAINING A NORMAL TAX-PAYER RELATIONSHIP WITH HMRC

Everything is PAYE based, employment driven and completely outside of any consideration for IR35

YES TO NO JOINING FEES OR COSTS AND NO ADDITIONAL CHARGES

Our strategy makes full use of PAYE, Employment Laws and Legislation – there can be no fees, costs or additional charges

 

Below is a table outlining the key differences between INTERLINX and alternative methods, it is clear to see that not only is all of the recent targeting of contractors nullified, but by using INTERLINX you can maintain a hassle-free relationship with HMRC while retaining the freedom and uplift you should expect from contracting.

A Comparison of the traditional methods vs. INTERLINX
INTERLINX Personal Service Company Tax Avoidance Scheme Umbrella Company Self Employed
Possible Tax or NIC surcharges? No Yes Yes Yes Yes
Do you see up to 25% more money from the work you do? Yes No Possibly No No
IR35 – Are problems likely? No Yes Yes No Yes
Retrospective HMRC penalties? No Possibly Very Likely Unlikely Possibly
Need to operate PAYE? No Yes No No Yes
Need to Invoice? No Yes No Yes Yes
Need to collect debts? No Yes No No Yes
Need to keep auditable accounts? No Yes Yes Yes Yes
Need to be registered for VAT? No t/o dependant No No t/o dependant
Need to comply with the provisions of the Companies Act? No Yes No No No
Need to incur accountancy and audit costs? No Yes Yes Yes Yes
Business Banking costs? No Yes No No Yes
Can work with any length of contract? Yes Yes No No Yes
Are there Joining Fees? No No Yes Yes No

Traditional Umbrella arrangements are being targeted by HMRC and now is the time to change the way you are doing things.

Act now! If you delay you are likely to face a number of issues with HMRC.

JOIN INTERLINX AND THESE POTENTIAL PROBLEMS WILL NOT BECOME AN ISSUE