Case Study 1 – Existing EBT Arrangement
Having successfully used an EBT arrangement for a couple of years, when HMRC changed the rules in October 2010 I unfortunately still had some assets within the EBT. Rather than accept the hit and pay the full amount of PAYE and N.I. attendant upon receiving the cash as a disbursements from the trust, I contacted the experts at Cornhill Private Wealth. They were able to offer a range of options, allowing me to safely extract the assets in a tax efficient manner.
Case Study 2 – Existing Ltd Company
After many years running my own Limited Company I was retaining less than ever before because of the changes to the law regarding expense claims. Looking at the situation anew, I realised that there were far more options to improve the tax efficiency of my company that were not ‘mainstream’ as such.
As I looked at the trust arrangements available I realized that I could not only increase my retained earnings, but also remove the paperwork that went with running the Company.
When I called I had all my questions answered in a calm and straightforward manner, I didn’t feel ‘sold to’ at any time, and it became clear that the best choice for me was to use the trust service explained to me, and allow the professionals to take care of the accountancy detail.
Since then the service I have received has been professional and friendly. My trust contributions are processed on time every time, and I don’t spend any time worrying about my payments or my accounts.
I’d like to know more about switching my Ltd Company to your Trust solution – Please confirm if I am eligible:
Case Study 3 – New to Contracting
Having been working for a FTSE 100 company all my adult life I was a bit nervous when I became a contractor for the first time. I had been told that I could account for my income differently but I didn’t know where to begin.
The second company I spoke to was EBT.co.uk and the first thing the person I spoke to offered me when they found out I was new to contracting was a history of the contractor payroll market place.
Within a few minutes I felt I understood what was going on and I could see clearly for the first time. I called a number of other companies and no one gave me nearly as much confidence, clarity and certainty as I received from EBT.co.uk. I called them back, asked for the same person and decided to join them.
I have been with them now for nearly a year, my contract has been extended, my income is much higher than when I was working as a full-time member of staff and I am looking to take a month of travelling at the end of my current contract. In short, Life is good contracting with Cornhill Private Wealth.
I’ve read enough, please tell me what I will retain with your EBT solution:
Case Study 4 – Leaving an Umbrella Company
I became a contractor in 2002, using 2 different Umbrella companies in that period, both of whom were recommended by my agency at the time. I didn’t know any better but in hindsight I realize at no time did I feel like I mattered to them or that my concerns had been taken into consideration. Then my rate was lowered and I realized that I was barely receiving more money through my Umbrella company than if I had been going through PAYE.
After some research I came across EBT.co.uk and I realsied that I could retain more of my hard earned income, after speaking with one of their support team I decided to leave my Umbrella company and join.
I have not looked back once. I take home more money, have a good relationship with my contact there and find them always helpful when I need something. I’ve recommended them to my colleagues and acquaintances who are also very happy, and the bonus is that I get a nice little commission for my efforts.
I’d like to know more about switching from an umbrella company to an Employment Benefit Trust solution – Please confirm if I am eligible:
Case Study 5 – Veteran Contractor
After being a contractor for nearly 18 years I‘ve seen it all. I was involved in the MSC’s when they rose to the fore, I have seen all the tricks and tactics that HMRC have thrown at the contractor market place and I have seen good companies and bad companies come and go.
I first approached Cornhill Private Wealth soon after the most recent round of changes was made regarding using expenses to mitigate tax. I knew the days of the umbrella company were numbered so I went looking for what was going to take it’s place. I had heard about EBT’s for a little while but when I spoke with the EBT companies in the market place it became obvious very quickly that the EBT model was the next big thing in the market place.
I spoke with both Cornhill Private Wealth and the other companies and after some discussions I chose Cornhill. Why? I was impressed with the knowledge of the people I spoke to and having determined they were putting together a first class product I was entirely reassured that they were the right choice.
This sounds perfect – Please confirm my retention with your EBT: