Would love to know what you’re most interested in – Pete Domican, Kai-Erik Sunell, Duncan Dalzel-Job, Adarsh Nalam, Caoimhe Kelly, Zarir 'Zed' Vakil, Ilaria Vilkelis, Alex Pitt, James Bebbington, Toni Mitchell, Hermeet Gill, Rob Wright, Ritik Bansal, Ian Bessarabia, Silvia Janska, Roshana Arasaratnam, Damien, Kevin Withane, Eike Post, Roland Szabo, Mike Richardson, Tracey Rob Perera, Nicola Twiston Davies, Janis Chan, Rebecca Beck, Ellie Albadvi, Will Greig

Would be great to see you there – Mika Meskanen, Zarir 'Zed' Vakil, Duncan Dalzel-Job, Pete Domican, Linh, Silvia Janska, Alex Pitt, Damien, Janis Chan, Eike Post, Caoimhe Kelly, Conrad Young, Stephen Fleming, Tim Walters, Ph.D., Nicola MacPhail, Rob Wright, Paul David Mather, Ice White, @peter-fayle, Cara de Lange, Niall Brady, Lizzie Bourne, Jade Phillips, Sarah Hughes, Philipp von Bieberstein, Mitch Bradford, Richard Saldanha, Roshana Arasaratnam

Masterclasses are free as part of our Pioneer Lite membership – which topic would you be most interested in? Caoimhe Kelly, Rus Newton, Ollie Henderson, Lara Hayward, Alex Pitt, Sarah Speake, Edward Goodchild, Tina Orlando, Andy Dougan, Cara de Lange, Duncan Dalzel-Job, Silvia Janska, Paul David Mather, Zarir 'Zed' Vakil, Stephen Fleming, Barney, Lorenzo Espinosa, Conrad Young, Toni Mitchell, Pete Domican, Sara Lopez, Will Greig, Rebecca Chuks, Ilaria Vilkelis, Tayub SAGEER, Roland Szabo, Adarsh Nalam, Izabela Wlodarska, Emma Tian Williamson, Jake B, Mika Meskanen

Silvia Janska I always find this an interesting one because for me it is broader than just the tax it is also the liability issues and the benefits that accrue in both cases.

My portfolio is a mix of employed, contracting through an umbrella company and contracting through a personal service company. This combination allows me to be compliant where I am an officer of the company ( for tax an employee), gain benefits such as furlough where needed and limit my legal exposure without the need for high PI cover where needed. Happy to have a chat if you want to DM.

Hi Silvia Janska. Everyone’s circumstances are different, but – so far – I have never seen a situation for a portfolio professional that was more tax efficient to be an employee, other than in the early days of having a lightweight side hustle (generating little income so – in effect – being tax free) alongside your day job.

If things are picking up I would also suggest considering setting up a limited consulting company – you seem to be able to legally expense more things against a company than as a sole trader, reducing your taxes further, plus you get some liability benefits.