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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    • Threads: 486
    • Posts: 18,807

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

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    • Threads: 150
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    Treasury response to "Don't... Go to last post

    by

    5th December 2017, 12:39

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

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    Working in the public sector?... Go to last post

    4th December 2017, 22:20

  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: 777
    • Views: 60,287
    7th December 2017 11:22 Go to last post
  2. Sticky Thread Sticky: Working In Europe - A Brief Guide

    I can use my UK Personal Service Company when working overseas. Whilst it is possible, in most European Countries it is inadvisable, as the use of a UK Personal Service Company does not offer the benefits that the company would enjoy for UK Assignments. There are many issues to consider,...

    Started by Sue at IPAYE, 1st December 2017 13:28
    • Replies: 2
    • Views: 357
    6th December 2017 11:36 Go to last post
  3. 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: 835
    • Views: 337,611
    23rd November 2017 12:40 Go to last post
  4. 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: 197,647
    13th October 2017 11:55 Go to last post
  5. 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
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    advice, pensions
    • Replies: 65
    • Views: 29,700
    8th October 2017 13:07 Go to last post
  6. 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: 257,881
    11th August 2017 13:33 Go to last post
  7. 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
    1 2 3 ... 22
    • Replies: 213
    • Views: 116,187
    9th August 2017 09:29 Go to last post
  8. 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
    1 2 3 ... 4
    • Replies: 31
    • Views: 97,193
    28th April 2017 11:11 Go to last post
  1. IR 35 Next steps

    At the advice of a friend! I had the IR review my contract to state whether it is within the bounds of IR 35 or not. The IR naturally have said it is despite me writing back to point out the error of their ways. All of this despite my agency stating that I have the most IR35 freindly contract...

    Started by Mikeeelawson, 1st November 2005 17:51
    • Replies: 8
    • Views: 1,216
    3rd November 2005 12:53 Go to last post
  2. French Mortgage through my LTD

    Is it possible and if so who would offer one and under what kind of conditions. Appreciate any feedback.

    Started by snaw, 1st November 2005 18:57
    • Replies: 1
    • Views: 930
    3rd November 2005 12:52 Go to last post
  3. Question Subcontracting and hourly rates question

    I wonder what would other people do in this situation: My company subcontracts to another company (COMPANY) for £1.50 an hour My company also does work for clients (CLIENTS) directly at £4.50 an hour My company uses services of a subcontractor also for £3.00 an hour When my company does...

    Started by butlera, 3rd November 2005 11:55
    • Replies: 2
    • Views: 1,124
    3rd November 2005 12:25 Go to last post
  4. What do you pay yourself.

    Hi, I've just got my ltd company setup and I'm deciding on what to pay myself... Just wondering what you guys pay yourselves. My one mate pays 20,000 and my other mate pays himself the 4000 (or whatever it is). I would like max return possible.. I'm starting my first contract which is...

    Started by Lovage, 27th October 2005 12:02
    • Replies: 9
    • Views: 1,470
    28th October 2005 12:43 Go to last post
  5. Dynamic Management Solutions

    I am a newbie and having just been offered my first contract. I am now in the process of deciding on the ltd comp/brolley/other setup that best suits me. A friend recommended DMS to me. Anyone have any experience of them? At the moment I am thinking the best option is the Ltd company route...

    Started by darrenm, 27th October 2005 12:14
    • Replies: 1
    • Views: 1,397
    27th October 2005 12:37 Go to last post
  6. Question Working in UK for Downunder client - Tax?

    I'm an Australian with a UK visa, currently working from my home in London for a client in Australia (web design services). I have a UK Limited Company which I haven't really used since getting this overseas client. I'm being paid $AUD into my bank account in Australia. Does anyone here have any...

    Started by yeahyeah, 20th October 2005 08:24
    • Replies: 4
    • Views: 885
    26th October 2005 09:41 Go to last post
  7. Whats my job title?

    I've got to fill in a Security Questionnaire for SC level. Its asking for Job Title....within my comp. Am I the Director (As I've set up a ltd co) or do I put what I am doing in terms of what my company service is providing (i.e. Me). What should I be classing myself as? :spank:

    Started by Lovage, 24th October 2005 14:01
    • Replies: 4
    • Views: 922
    25th October 2005 20:28 Go to last post
  8. Ir35

    Hi, I am new to this forum. I am contracting throught an Agency for a IT firm. 1 month rolling contract. I formed a ltd company in September. I will be working for 3 months max. Then my wife and I are emigrating, so the company will be shut down. Am I likely to be caught by IR35 if the...

    Started by mall, 25th October 2005 09:54
    • Replies: 3
    • Views: 1,008
    25th October 2005 15:40 Go to last post
  9. replacing a pda

    hi all, I suppose I should just ask the accountant but it´s saturday and I´ve just seen the new palm TX and I can´t wait. Still looking for that first contract, in my situation (UK national living in Spain commuting to uk) I´ve been told that the best way to go would be umbrella. Would I...

    Started by Antman, 22nd October 2005 08:41
    • Replies: 2
    • Views: 1,038
    24th October 2005 15:00 Go to last post
  10. Opt in vs Opt out

    Folks, just got an email from an agent and has asked me my position regarding the "Conduct of Employment Agencies and Employment Business Regulations" and whether I will opt out of these. Can someone clarify what this is and what the pros & cons are for opting out. The simple response is where...

    Started by Mustang, 24th October 2005 10:14
    • Replies: 2
    • Views: 2,707
    24th October 2005 14:58 Go to last post
  11. Accountants

    Hi folks, the Gunman is coming home. I have been offered a UK contract and will probably take it. I will need to set up a UK Ltd and will need an accountant. Does anyone have any recomendations, what are the guys who post here like?

    Started by The Lone Gunman, 24th October 2005 11:17
    • Replies: 0
    • Views: 759
    24th October 2005 11:17 Go to last post
  12. Can anyone recommend an umbrella company?

    I'm new to contracting. Can anyone recommend a good umbrella company?

    Started by earlybird, 22nd October 2005 03:45
    • Replies: 4
    • Views: 1,214
    24th October 2005 07:35 Go to last post
  13. VAT Winding up order issued – in error

    More importantly - the damm costs !!! I need some advice here – all is welcome. I was late paying (for the second time) my Q2 05/06 VAT – this I paid in full on 19th August which would make it just 20 days late. However on the 2nd September a Solicitor (acting for Revenue and Customs) arrived at...

    Started by wxman, 15th October 2005 21:41
    2 Pages
    1 2
    • Replies: 17
    • Views: 2,592
    24th October 2005 07:33 Go to last post
  14. Fire insurance requirement?

    My client's "standard" IT Contract includes a clause requiring me to take out fire insurance (no sum insured specified). Another contractor has asked for this clause to be struck out or modified, but has been refused. Since I have no direct insurable interest in my client's buildings, I think...

    Started by hedgehog22, 20th October 2005 12:02
    • Replies: 3
    • Views: 805
    21st October 2005 15:13 Go to last post
  15. Good Accountancy?

    Greetings, For the ones that use an accountancy for their Ltd, what is your opinion on the service you get? Any views on good ones? I am between SJD and Quay and need some opinions / more options maybe. Quay are quite cheaper than SJD, i do not know if this comes with a price though! ...

    Started by malandri, 18th October 2005 17:37
    • Replies: 9
    • Views: 1,178
    20th October 2005 20:06 Go to last post
  16. Need some advice on Composite companies please

    I first worked last year as a contractor using a composite company called PCL I was advised to use them by a work collegue at the time, everything was good about it, money etc. I was payed in a small salary & the rest in dividends. Now, I have just started a new contract with a new client & PCL...

    Started by chrisbutters, 1st July 2005 13:53
    2 Pages
    1 2
    • Replies: 15
    • Views: 2,623
    KLM
    20th October 2005 15:12 Go to last post
  17. A good business account?

    Could anyone give me some recommendations on business accounts...

    Started by Lovage, 21st September 2005 11:16
    2 Pages
    1 2
    • Replies: 18
    • Views: 2,704
    16th October 2005 20:04 Go to last post
  18. VAT reclaim on international flight

    My accountant is on hols for a week! And I could do with some advice right now… In September I booked a return flight to Texas – this was purely a business trip. Now because this was an international flight, can I reclaim the VAT or will this be a “zero rate” expense – I am unsure about this and...

    Started by wxman, 12th October 2005 00:47
    • Replies: 6
    • Views: 7,990
    16th October 2005 08:18 Go to last post
  19. Self Assessment & Umbrella Company

    I've just received a Self Assessment form for the tax year 2004/5. During this time I worked under an Umbrella Company. I have now seen sense and recently set up my ltd company (Sept 2005). Do you think that I've been sent the form in error (or am I living in a dream world???)and do I still need...

    Started by Rookie, 14th October 2005 08:52
    • Replies: 3
    • Views: 1,652
    15th October 2005 09:02 Go to last post
  20. new accountant and how easy to change

    Hi Can someone recommend a good accountancy firm? I am currently with JSA and am rather less than happy with their service... Has anyone changed accountants in the past and if so was the process painless, I have been with my current accountant for about 8 years but would like to change. thanks

    Started by bassy, 9th September 2005 07:23
    2 Pages
    1 2
    • Replies: 17
    • Views: 2,362
    15th October 2005 09:00 Go to last post

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