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Employment Solutions

Which is right for you?

You've got the job or you're planning ahead. You now need to decide on a payment structure and the solution you ultimately choose will be determined by a number of factors.

In the following section we outline contract solution options, permanent employment and other financial considerations in easy-to-understand terms.

Before deciding on a Contract Solution we recommend you Contact Us — myJobCaddy can offer you a comprehensive overview of the Solutions.

An introduction to Contract Solutions

There is much confusion regarding contract solutions. Terms such as Umbrella Companies and Managed Service Companies (MSC) are often used without much understanding of what each represents.

When choosing a contract solution it's important to consider the following:

  • How much you plan to earn in a tax year (6th April – 5th April)

  • What solutions the company where you physically work will permit

  • How involved you want to be in managing your affairs

  • Your desire to minimise your tax bill

  • How long you've been in the UK, how long you intend to stay and the subsequent tax record you may want to build up.