Global Tax back Managed Company solution is a very popular choice for contractors. We have developed this service to allow you to maximize your income while we manage all the statutory requirements of running your company. UK contractors who work through our managed companies are able to fully optimize their income.

We can establish Managed companies for one-person or composite companies to allow several Contractors to become shareholders of a limited company with us acting as directors.

We allocate each Contractor with separate classes of share to ensure all funds are available to the correct person with no risk of "cross over" of funds into the company from other Contractors. Global Tax back takes care of the administration of the company to maximize its effectiveness and minimize any statutory duties to the shareholders.

You would receive a small salary at a level ensuring your entitlement to all contribution-based benefits is retained. All expenses we can claim are then paid to you tax-free. After our fees and a provision for corporation tax, the balance attributable to you is paid as dividends into your personal bank account.

Each week we will receive your timesheet and invoice your client.  On receipt of payment we make all the relevant tax calculations and initiate a transfer into your personal bank account. 

You never need to worry about completing PAYE returns, corporate tax returns, VAT returns or any other company administration.

with Global Tax back you have the option of working through our fully web enabled system. This means:

 You have 24/7 access to utilize our system and track the
   movement of funds
 
 You can generate your own invoices via the on-line timesheet
   function and keep an on-line record of your work history. 

 You can enter and claim your business expenses on-line 

 You can track salary, expense and dividend payments to you

Our managed company solution ensures you will enjoy the benefits of: 

 A substantial increase in net income

 A hassle free solution saving you time and money

 Your own consultant who manages your affairs

 Business expenses offset against your income 

 No joining or leaving fees 

 A flat administration fee of £33 per working week (only for the
   weeks you work) 

 A pay routine which is run on a daily basis - meaning cleared
   funds are in your personal account within 3 working days