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Shout99 - Freelancers, FO35, Section 660
  
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Gabmem Group
by Kevin Miller at 14:37 16/12/02 (Umbrella & Composites)
Provides composite companies
Claims

"The Gabem Group provides a personalised accounting and administration service that enables temporary workers to conform to today's employment legislation with minimal effort and expense, while arranging their income in the most tax efficient way so that they take more of it home"

"A composite company is a group of individuals (about a dozen or so ‘operatives’) who spread the cost of operating as a limited company. As a Gabem operative, you also avoid the legal and administrative workload – because Gabem sets up and manages the company. Operatives don’t normally know each other – you are selected and grouped into companies by Gabem. We pay each person according to the hours they have worked, calculate expenses and tax liabilities, pay dividends if appropriate and deduct a small weekly management fee (currently £22 net of VAT). This is only paid when you’re earning – not when you’re between contracts or on holiday."

Source – contractor

Web site - http://www.gabem.com/

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KevinM

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