Originally posted by PerfectStorm
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Permanent to Contracting - When to hand in notice?
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Originally posted by TheFaQQer View PostWell that sounds like bollocks for starters.Comment
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Originally posted by PurpleGorilla View PostThat's how I did it. Worked for me.Comment
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Originally posted by TheFaQQer View PostIf you get the contract and then string the client along for a month while they wait for you to get ready, and they don't move onto someone else then you are lucky.Comment
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A quick update - I've gone back to the client (via the Agency) suggest a start date in Jan and they have come back to ask me to start a week earlier than the suggested date. I've provisionally agreed based on seeing a confirmation of the work order. This mean I'll likely need to hand-in my notice before seeing the contract, unfortunately. But this is probably an "acceptable" risk, I think.
I have decided to go down the "easy" route of getting an accountant to set everything up (ltd, VAT, etc...) except the bank account for me, and will initiate the process as soon as the confirmation of work order arrives in my inbox.
One question to the experienced contractors, do you register your ltd address to your home address (with mortgage) or to your accountant's address and use your home address as the correspondent address? What's the advantage / disadvantage of either? My concern using my home address as the ltd registered address is the implication on my existing mortgage.
Fingers crossed, I'll be starting a new chapter in the new year. Quite looking forward but feels a bit daunted.
Thanks all!Comment
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Originally posted by mokster View PostOne question to the experienced contractors, do you register your ltd address to your home address (with mortgage) or to your accountant's address and use your home address as the correspondent address? What's the advantage / disadvantage of either? My concern using my home address as the ltd registered address is the implication on my existing mortgage.
I use my home address as the registered office and haven't had any problem with doing so. My previous accountant would charge for the service so that was one reason I didn't do it, though.Comment
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Originally posted by mokster View PostA quick update - I've gone back to the client (via the Agency) suggest a start date in Jan and they have come back to ask me to start a week earlier than the suggested date. I've provisionally agreed based on seeing a confirmation of the work order. This mean I'll likely need to hand-in my notice before seeing the contract, unfortunately. But this is probably an "acceptable" risk, I think.
I have decided to go down the "easy" route of getting an accountant to set everything up (ltd, VAT, etc...) except the bank account for me, and will initiate the process as soon as the confirmation of work order arrives in my inbox.
One question to the experienced contractors, do you register your ltd address to your home address (with mortgage) or to your accountant's address and use your home address as the correspondent address? What's the advantage / disadvantage of either? My concern using my home address as the ltd registered address is the implication on my existing mortgage.
Fingers crossed, I'll be starting a new chapter in the new year. Quite looking forward but feels a bit daunted.
Thanks all!Comment
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Originally posted by PurpleGorilla View PostAs soon as ltd co is registered get the bank ac - as you need that set up before VAT FRS. And it all takes time. Especially this time of year.
You don't need a bank account to register for VAT, but you do need to be in the process of doing so, as you just send copies of the correspondence between the company and the bank with your VAT1 form.
And if there is likely to be a gap between when starting the company and the contract start, you may be better off waiting so that you get the longest possible time for your 1% FRS discount in the first year of VAT registration.Comment
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