Just started contracting - how should I set myself up ??

[Contreras]

...yes I think I even worked that one out (but I fully appreciate your clarification considering how inexperienced I am with this subject - ABC steps are what I need) - it's just the savings on the tax. Looks like this is going to be his permanent place to work though - so even saving tax on travelling isn't going to happen.

Also the Umbrella company want something like £27.50 per week out of your pocket. I know someone here said get an accountant - but due to the limited time I have left before he starts (10th August) - best I at least start off with a brolly to get the ball rolling then consider my other options later given some breathing space.

TBF, if your son can't find his way here to read/learn/ask for himself, for whatever reason, then it would be safe to say that Ltd Co is not for him.

'Get an accountant' can be the auto-response around here but in fact everything you have said points to Umbrella.

Cojak posted a bunch of links for you.

[stek]

With no accountant and no brolly, what about'

PAYE
VAT
Dividends
CT
RTI
P11D
P60
SA302

Not to mention treatment in the accounts for:

Fixed Assets
Depreciation
Written down allowances

Accounting is just adding up and taking away, right?

[kyber]

I'm curious to know what the outcome was (hopefully not a drowning in a collapsed tent).