Company Paying Membership Fees

[pmeswani]

That's PCG One Stop, a complete package of accountancy, insurance and membership aimed a simplifying getting started as a contractor. The accountancy obviously has a cost, as does the insurance. That's a slightly different thing to "PCG membership". I kind of assumed tht you were talking about standard membership...

Yes it is claimable, and the fees as far as I know can be offset against CT since the memebrshiop is effectively free with that package. But since the fee includes accountancy support, why not ask the accountant?

I am confused by the following statement:

• Meetings and correspondence with your accountant

If I am reading this correctly, PCG are your accountant, but are not your accountant?

[Wanderer]

That's PCG One Stop, a complete package of accountancy, insurance and membership aimed a simplifying getting started as a contractor. I kind of assumed tht you were talking about standard membership... Yes it is claimable

Ahh, that's good news and sorry for the initial misunderstanding my brain is a little frazzled at the moment.

I guess that if it came down to it, I could claim for the insurance and accountancy portions (which is the bulk of the amount) and leave out the membership fee. I'll find out when the year end accounts are done in the next month or so.

[malvolio]

I am confused by the following statement:


If I am reading this correctly, PCG are your accountant, but are not your accountant?

It's not difficult (even Wanderer has worked it out). One Stop is a service offered by PCG to start up contractors, that packages an accountant, assorted insurances, PCG membership and some other odds and sods. It doesn't mean they do the accounting work.