Hi guys, I need some advice please. I now find my self contracting, having been a XL Airways pilot. I am not to sure if its best to set up my own ltd company or use an umbrella one. Can any old hands at this please give me some advice on the best way to go. Im sure there must be many tax breaks by going on my own, and any way I can stop giving to Gordan Brown has got to be a good thing after all he gives me £60.50 a week for my dole money, not bad for a high rate tax payer!!!!!!

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Thanks for any help you can give me.