Accounting / Legal
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Forum: Accounting / Legal

Financial and legal issues affecting IT contractor companies, including IR35.

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  1. All about umbrella companies.

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  2. For discussions relating to enquiry letters being sent out by HMRC.

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    BIG GROUP Go to last post

    Yesterday, 17:53

  3. Debates on tax, IR35, T&S and the impending zombie apocalypse.

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    Volunteers needed Go to last post

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    Yesterday, 16:15

  4. To discuss the changes to PS contracts that are due later this year.

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    • Threads: 225
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    Unhappy IR35- NHS / employer /... Go to last post

    16th November 2017, 13:48

  1. Sticky Thread Sticky: Share Investment, Discussion & Tips

    I guess a few of us on here have a more than casual interest in the stock market, I have a few quid in the banks as I still think they are massively undervalued long term, but I like what I am hearing from US Oil & Gas PLC (USOP), not openly traded as they are on GXG but a solid investment recently...

    Started by SimonMac, 11th July 2012 15:18
    78 Pages
    1 2 3 ... 78
    • Replies: 774
    • Views: 56,555
    Yesterday 19:19 Go to last post
  2. Sticky Thread Sticky: Loans from EBTs and other Trusts

    Welcome to the Loans thread. To date loan arrangements have been discussed in many threads on CUK, regularly appearing in the BN66 thread diluting that thread and losing the concentration of information to those associated only with loans and not with S58 FA2008. Its time that loans had its own...

    Started by Emigre, 21st January 2011 15:42
    84 Pages
    1 2 3 ... 84
    • Replies: 831
    • Views: 333,239
    15th November 2017 22:56 Go to last post
  3. Sticky Thread Sticky: Accountant recommendation threads inc local requests

    Updated 23 June 2016 - This got out of date so am doing a bit of rehash. I've added any new ones, taken off some that seem to have disappeared and given a nod to some of the Accountants that are actively giving good advice on the forums but don't seem to have been recommended by posters. Updated...

    Started by northernladuk, 16th August 2011 20:59
    36 Pages
    1 2 3 ... 36
    • Replies: 357
    • Views: 194,088
    13th October 2017 11:55 Go to last post
  4. Sticky Thread Sticky: DIY Pensions Advice for a Limited Company!

    Hello, This is my first post - so be kind please!!! Has anyone here used an online pension manager, like Nutmeg, for a private pension? By this I mean contributing funds straight from a ltd company tax free? I've met two Independent Financial Advisors who manage pensions for ltd...

    Started by lumalist, 20th February 2017 21:54
    7 Pages
    1 2 3 ... 7
    advice, pensions
    • Replies: 65
    • Views: 25,515
    8th October 2017 13:07 Go to last post
  5. Sticky Thread Sticky: Contracting in Belgium - A Short Guide to Tax and Social Security

    Introduction OK so it's not so short any more. This information has been compiled based on experience, and expert advice. In response to the numerous emails and PMs I get concerning the fluid and uncertain environment for working in Belgium, I have tried to summarise the issues and pitfalls,...

    Started by nodric, 17th November 2009 13:33
    51 Pages
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    belgium, umbrella company, umbrella recommendations
    • Replies: 503
    • Views: 254,091
    11th August 2017 13:33 Go to last post
  6. Sticky Thread Sticky: The 24 Month Rule in a nutshell

    How many more times.... a) It's about the journey, not the client and not why you are there b) Go to the known (or anticipated) end date of your current gig. c) Count back 24 months by the calendar. d) If between those two dates you have spent less than 40% of your time at that...

    Started by malvolio, 14th January 2014 15:58
    22 Pages
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    • Replies: 213
    • Views: 113,296
    9th August 2017 09:29 Go to last post
  7. Sticky Thread Sticky: Basic advice when running your own Contractor business

    Here is a place for those 101's that people seem to forget/not know. Try and make the title easily searchable. This thread is stuff that we have learned over the years. But we expect people using this forum to do their own due dilligence - we point them in the right direction, it's for them...

    Started by cojak, 20th January 2013 11:32
    4 Pages
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    • Replies: 31
    • Views: 95,619
    28th April 2017 11:11 Go to last post
  1. End of Year Accounts

    Why would I be being asked for my end of year accounts when I only went ltd a few months ago?

    Started by Underscore, 1st November 2004 10:48
    • Replies: 3
    • Views: 582
    1st November 2004 15:14 Go to last post
  2. Job Offer - or not!

    Afternoon All, Interesting question. Company I work for is going through a "Standardisation" process meaning staff will either be identified with roles to move into and unidentifient which mean they have to apply for roles as their current position has disappeared. One of my colleagues has...

    Started by sparklelard, 1st November 2004 13:14
    • Replies: 0
    • Views: 642
    1st November 2004 13:14 Go to last post
  3. Child Support Agency

    Has anyone any experience/advice of dealing with the Child Support Agency (CSA)? When I set up my limited company with my wife, one of the "attractions" was that I could pay myself a modest salary and therefore minimise my exposure to my money-grabbing ex-wife by way of a reduced CSA assessment....

    Started by NutSoft, 27th October 2004 16:47
    • Replies: 3
    • Views: 1,013
    30th October 2004 17:54 Go to last post
  4. ltd employing mates

    A good friend is going through the process of getting a mortgage. He lost his job last week and thinks this will affect his application. He has asked me to 'employ' him in my Ltd company. Is there any way I can help him out? I'm under the impression he will need to provide payslips which clearly...

    Started by sholdice, 26th October 2004 16:12
    • Replies: 8
    • Views: 915
    28th October 2004 17:22 Go to last post
  5. Closing down - capital distribution

    I have about 10k in my business acount, so im thinking capital distribution would save me more money if I was to close the company. can i do this myself? if so, whats steps do i need to take and how long is the whole process. is it worth it? or shall i just take dividends. I will be a higher...

    Started by Buckstewerbuck, 25th October 2004 11:47
    • Replies: 6
    • Views: 933
    27th October 2004 11:29 Go to last post
  6. Double taxation

    Any of you expats out there ever run in to double taxation with HMG and your birth countries tax scum? I received a letter from IRD in NZ saying that I must register with them what Im earning here so that they can assess what my tax is with them. Naturally Im loathed to do this simply because...

    Started by mailmannz, 26th October 2004 10:16
    • Replies: 3
    • Views: 856
    26th October 2004 10:45 Go to last post
  7. Accounting questions

    Hi, I've recently started working under my own ltd company (was with an umbrella previously) and just have a couple of questions while I'm looking into accounting. I'm pretty sure this is not true, but my colleague (who has been contracting for a few years with a ltd company) swears that you...

    Started by timo, 21st October 2004 22:48
    • Replies: 3
    • Views: 684
    24th October 2004 14:14 Go to last post
  8. Alternet good or bad to use for an umbrella compnay?

    I'm looking to change from limited company to umbrella - Alternet seems the most cost effective one to me - but has anyone had any experience with them - good or bad! Thanks

    Started by louhop, 21st October 2004 11:26
    • Replies: 4
    • Views: 593
    21st October 2004 21:13 Go to last post
  9. Pay problems

    I am a contractor using an umbrella company and since I've been using this company (was with P4 before), I have had problems with pay. Initially my agency were continuing to pay the old umbrella, so had to arrange a credit note to my agency for 2 weeks work for end of August. The new umbrella...

    Started by nredwood, 14th October 2004 00:17
    • Replies: 7
    • Views: 640
    21st October 2004 19:52 Go to last post
  10. Maybe stupid question - tax return

    I am a newbie contractor, now finished contract and going travelling. While I was contracting I had a managed limited company. I started contracting May 2004, so does this mean my first tax return should be done in January 2005 for the tax year 2004-2005. As January isn't yet at the end fo the...

    Started by nothingisleft, 20th October 2004 19:03
    • Replies: 3
    • Views: 476
    20th October 2004 19:24 Go to last post
  11. Director and/or employee and others

    Hi I have just started a limited company with myself as a director and my wife as company secretary. I will also be working as an employee for the company. Do I have to give director ME a salary and employee ME a salary?. Is it legal to rent a house at my work location and declare it as...

    Started by bkiyer, 19th October 2004 11:51
    • Replies: 3
    • Views: 676
    20th October 2004 18:30 Go to last post
  12. Limited Company share structure

    I'm just about to form a limited company to start my first contract and the advice I'm receiving re:share structure is to make myself the sole shareholder. My wife doesn't work so I'd be keen to benefit from this, however with the recent Arctic Systems ruling everyone seems to be very cautious. My...

    Started by SimonInd, 13th October 2004 16:51
    • Replies: 9
    • Views: 1,735
    17th October 2004 11:28 Go to last post
  13. Claiming travel expenses

    Hi all, I understand that I can claim back one trip a year for myself and my family from tax. Has anyone ever done this? When they mean claim...is it the same as sending your receipts to your accountant and then them taking the amount out of the tax you pay? Thanks Mailman

    Started by mailmannz, 15th October 2004 14:25
    • Replies: 1
    • Views: 971
    15th October 2004 15:43 Go to last post
  14. Is an accountant mandatory for a limited company

    Hi, I am a first timer just about to start contracting through limited company. Is it mandatory to have an accountant as per law. Can I not do it by myself?.

    Started by bkiyer, 11th October 2004 19:41
    3 Pages
    1 2 3
    • Replies: 26
    • Views: 3,571
    15th October 2004 13:45 Go to last post
  15. Company Loan?

    I am trying to get a company loan, but have found a better offer if I get a personal loan instead. would there be a problem in getting a personal loan for say 10k and lending it to the company to buy computer, office equipment etc... would the company have to pay me interest on top of the...

    Started by Buckstewerbuck, 15th October 2004 12:04
    • Replies: 1
    • Views: 511
    15th October 2004 12:34 Go to last post
  16. Consulting Overseas Ltd

    Sorry - it's been done already

    Started by sgrollitt, 14th October 2004 10:33
    • Replies: 1
    • Views: 608
    14th October 2004 11:47 Go to last post
  17. Consulting Overseas Limited

    Has anyone heard or used these guys? I have just been to see them and they sound very good, especially their Actinium product. You end up working for them and they pay you in salary and dividend format, with the retention rate over 70%. Sounds very tempting.

    Started by hi2shy, 6th October 2004 13:15
    2 Pages
    1 2
    • Replies: 10
    • Views: 1,967
    14th October 2004 11:15 Go to last post
  18. Pension - financial advisor - recommend please

    anyone recommend a decent one please. I want to start a company scheme through my Ltd Company, and hopefully take advantage of the new rules in 2006 as well.

    Started by Buckstewerbuck, 13th October 2004 10:54
    • Replies: 5
    • Views: 795
    14th October 2004 06:32 Go to last post
  19. Opting out -Regulation 32. & Professional Indemnity Insu

    Hi I'm relatively new at running my own ltd company (just myself) and am struggling with technical jargon... my brain just shuts down :) I run a ltd company, producing graphics for web/print/video/animation/interactive cd-roms etc. I have registered with various employment agencies, and...

    Started by clairenw, 12th October 2004 11:44
    • Replies: 7
    • Views: 11,543
    13th October 2004 14:51 Go to last post
  20. working in the EU

    this is the first time for me to contract in Europe (Amsterdam), and I haven't got an accountant yet, can anyone let me know if sticking to my Ltd company and the British tax system is the best way to go or going through the Dutch tax system (obviously after getting the 30% ruling), I have spoked...

    Started by SandyDown, 11th October 2004 13:16
    • Replies: 2
    • Views: 851
    12th October 2004 10:02 Go to last post

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