Contractor Benefit Trust
Retain 85% of your gross rate
The Contractor Benefit Trust (CBT) allows you to work as a self-employed contractor, retaining up to 85% of your gross income as take home pay.
As a leading contractor specialist, Contracta is committed to providing the most up to date, compliant and retention-friendly contractor solutions to clients and have developed the CBT Scheme with our tax and legal partners to provide our contractors with a structure that offers compliancy and tax efficiency. The CBT Scheme is the first of its kind and the only current compliant solution that will enable you to retain up to 85% of your gross income.
How the structure works?
- You will be engaged as a self-employed contractor and will agree to supply your services to Contracta
- Contracta will make an onward supply of your services to its clients. In exchange, you will receive a set monthly retainer which you will have to pay NIC and tax on
- Additional income arising will be retained by Contracta and will be paid to a Contractor Trust
- You and your family may apply to the Trust for loans from time to time
Find out more
With over 2,000 UK contractors in the UK alone, we are one of the largest contractor payroll schemes in Europe, and look forward to maintaining and enhancing new client relationships.
For more information on our solutions, and to chat to a member of our team, please use one of the options below, to either call, email or chat to us live now. We are always available for no obvligation advice on your personal situation.
