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Permanent employees and contractors are treated differently under UK law. If a contractor provides services through their own limited, they may take some of their pay in dividends instead of taxable salary. They can also offset several business expenses against Corporation Tax and pay less in National Insurance Contributions. This lower tax burden reflects the more significant financial risk of being self-employed.
Permanent employees and contractors are treated differently under UK law. If a contractor provides services through their own limited, they may take some of their pay in dividends instead of taxable salary. They can also offset several business expenses against Corporation Tax and pay less in National Insurance Contributions. This lower tax burden reflects the more significant financial risk of being self-employed.
Permanent employees and contractors are treated differently under UK law. If a contractor provides services through their own limited, they may take some of their pay in dividends instead of taxable salary. They can also offset several business expenses against Corporation Tax and pay less in National Insurance Contributions. This lower tax burden reflects the more significant financial risk of being self-employed.