Contractor UK Bulletin Board  PayStream

Go Back   Contractor UK Bulletin Board > Contractor UK Forums > Accounting / Legal
Register FAQ Members List Calendar Search Today's Posts Mark Forums Read

Reply
 
Thread Tools Display Modes
Old 28th August 2008, 16:42   #1
Funkywood
Not worth listening to
 
Join Date: May 2007
Location: London
Posts: 28
Default Paper Free Accounting?

Kind of asked this in Business / Contracts but I guess it's more of a accountancy thing. I'm going to give SJD a call tomorrow to discuss it but thought I'd ask here first.

I'm going to be working for my current client whilst travelling after my current contract comes to an end. The hours are going to be ad hoc averaging about 20 hours a week as I get the time so I want an easy way to invoice based on a number of hours I've put in.

At the moment I'm still with Parasol and they have a web portal where you just login and fill in a timesheet. No paper involved. I want to know if any of the accountants offer something as simple, handling the invoicing and stuff so an internet connection is all I need?

The other issues are around when the contract comes to an end as I'll be in Australia by November with a valid 1 year work visa so could be doing this a few evenings a week as well as work over there (though I like to think I can avoid overstressing myself like that) but more likely I'll finish with it after a few months and then start working there.

One reason I'm reluctant to go Ltd is if it did come to an end early then the accountancy services in the UK that I'd have paid for a year would be nearly useless whereas Parasol only charges when I get payments.

What's the tax situation if I'm resident elsewhere while earning pounds for a UK company?

Anyone done anything remotely similar with advice? Is it worth setting up a Ltd at this stage?
Funkywood is offline   Reply With Quote
Old 28th August 2008, 18:14   #2
chris79
Fingers like lightning
 
chris79's Avatar
 
Join Date: Apr 2007
Posts: 542
Default

This is probably better off discussed in a phone call with the accountants themselves, they will advise you.. but call a few to get some options on the table? You should then be able to decide what best suits your circumstances.
__________________
The Government says I must not call you 'Boss' or I may be penalised financially. Oh what's that, my P45? Sorry you can't give me one of those don't you understand how this all works?..
chris79 is offline   Reply With Quote
Reply


Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is Off
HTML code is Off
Forum Jump


All times are GMT. The time now is 20:36.


Advertisers
PayStream

CUK Navigation

Contractor Alliance
Formed a new Ltd Co?

20% off business insurance
£10 off Bauer & Cottrell contract reviews
Find co-workers & client introductions

Increase your value to clients here

Fast Company Formation
Same day online company formation £75 + VAT

Form your Ltd Co Here

Contractor Services


 
Content Relevant URLs by vBSEO 2.4.0 © 2005, Crawlability, Inc.