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The solution introduced to you by Twentyplus can allow you to receive between 80-87% of generated
revenue. It is fully legal and tax compliant, and is supported by the opinion of Leading Tax Counsel.

The arrangement and its benefits:

Please see the table below which shows examples of the percentage returns on generated revenue that can be provided by utilising the structure. The alternative arrangements below take full account of fees and all relevant tax and national insurance deductions.

 


Rate*

% of Revenue Received Through the arrangement

% of Revenue Received Through PAYE

£25 per hour

81-82%

71%

£30 per hour

82-83%

69%

£300 per day

83-84%

64%

£400 per day

85-86%

64%

£500 per day

86-87%

61%

£750 per day

87%

58%

 

 

 

 

 

 

 

 

 

*The rates shown above are based on 40 hours per week / 5 working days and are rounded to the nearest whole percent*

 

How Does it work?

  • You will be employed by a UK based business under a Contract of Employment to provide business services.
  • This UK resident entity has supply agreements under which your services can be provided.
  • An invoice will be raised for the services provided under these supply agreements.
  • On payment of the invoice you will receive two payments through the Solution, one a PAYE salary and the second an amount which has been run through the tax planning structure.
  • Dependent on your earnings this process will significantly increase your take home pay.

 

Benefits of the arrangement

Twentyplus offer an arrangement that enables you to retain as much of your hard earned revenue as possible. Whether you are an experienced contractor or brand new to the freelancing market, Twentyplus will offer you guidance and reassurance on the most efficient means of retaining your revenue. The arrangement is supported by a team of accountants, international tax experts and tax Barristers who are always on hand to give you the support and advice when it matters to you. All employees of the structure can rest assured that they are receiving the correct advice to keep them secure when dealing with HMRC.

As well as having more disposable revenue to enjoy you will benefit from the following advantages:

  • Income Tax and National Insurance saving solution offering take-home amounts of up to 87% of total generated revenue.
  • Easy to set-up.
  • Easy to operate.
  • No Minimum Period.
  • Based on an excellent processing platform.
  • Secure, fast payments.
  • Fully compliant with current legal and tax regulations.
  • No IR35 problem.
  • Your own dedicated customer service manager.
  • Supported by the Opinion of Leading Tax Counsel.
  • Professional indemnity.
  • No set up charge.

 

Compliance:

  • The arrangements work. Legal Opinion in support of the structure has been received from Leading Tax Counsel from the prestigious Pump Court Tax Chambers in London.
  • Should it be required, you will receive full support from our in-house Tax Barrister.