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Tier 1 Extension and Umbrella Company..please help

Archived UK Tier 1 (General) points system forum. This route no longer exists.

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nervousnewbie
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Joined: Sun Sep 02, 2012 6:41 pm

Tier 1 Extension and Umbrella Company..please help

Post by nervousnewbie » Sun Sep 02, 2012 6:52 pm

Hello Everyone,
I am a contractor and switched a different umbrella company 12 months ago. The umbrella company operates on a loan scheme to reduce taxes which is compliant with taxation laws and fully legal. However, the gross earning on my payslip don't match my actual gross earnings. Has anyone ever been in this situation and could they give some advice on how to prove previous gross earnings?

I can show the flow of funds from my agency to the umbrella easily with two different sources.

Any help would be greatly appreciated
Nervous newbie :oops:

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