Thursday, 16 January 2025

StuCorp Ltd is no more

 This week i've signed off the final accounts and put StuCorp Ltd. to the great company heaven in the sky.  The insurance contracting market has completely died over the last 3 years or so due to the enforcement of IR35 rules.  Outside IR35 roles disappeared from the market so I could no longer invoice a company for my time.  I've had to hire an umbrella company to do my payroll where I effectively have to pay employers and employees national insurance before I get paid on a normal paye basis.  My company was basically stagnant for 3 years paying £100 a month accountancy fees for doing fuck all so with a couple of hundred quid left in my company account I finally signed the relevant paperwork and it his now formally closed.  RIP StuCorp Ltd.

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