Newbie questions

[northernladuk]

And despite the advice and two weeks to research it all is asking the same questions?

Can I just point out there is no need to be rude and unhelpful to newbies. We have a level of professionalism as well as strict T&C's to adhere to..

Bulletin Board Terms and Conditions :: Contractor UK

Thank you.

[DiscoStu]

Can I just point out there is no need to be rude and unhelpful to newbies. We have a level of professionalism as well as strict T&C's to adhere to..

Bulletin Board Terms and Conditions :: Contractor UK

Thank you.

[Dactylion]

Can I just point out there is no need to be rude and unhelpful to newbies. We have a level of professionalism as well as strict T&C's to adhere to..

Bulletin Board Terms and Conditions :: Contractor UK

Thank you.

If this were not within a professional forum it would be possible for someone to suggest that you were an entirely un-funny and a humourless twunt and even possbly for someone to agree with that suggestion.

[jmo21]

There's nothing legally to stop you DIYing it all. However I imagine the vast majority of Ltd Co contractors pay an accountant to assist. Of those who don't, some will perhaps have had an accountant the first year or two so they could see largely what was required and when, then after that gone it alone.

It costs my company 3 to 4 days rate for me not to have worry about it as much as I would doing it myself (obviously well aware it's my responsibility etc, I do check it when it's prepared)

Totally worth it for me.

[GlenW]

When I started contracting I was told by a very experienced contractor that he did everything himself. He'd never used an accountant and it wasn't much effort to keep things right. He also said that it would take him at least another 10 years of doing things right himself before he recouped the money he'd lost in fines and penalties he'd incurred whilst he was learning how to do it right.

[malvolio]

You really have to cost it at double your day rate; you're not getting paid to do it and you are using up your free time to do it (I hope...). Even at an hour a week, in my case that is more then three times what I pay SJD and I never miss a deadline or submit incorrect figures and I don't have to do out of hours reading to keep up with changes to Tolley's

Good accountants are free. Bad ones are expensive. And unless you do chartered accountancy for a living, you will be a bad one.