What MVL?

[Pmidas]

As many other contractors I might have to close my limited company due to the new regulation with the IR35
I have been enquiring and the pricing is all over the place. I am sure some of you have closed your PSCs and might be able to recommend one you know ?

so far I have quotes from
MVLonline £995+VAT+disbursements
Keystonerecovery £3,999 all included
SJD Accountancy £2,000 + VAT + disbursements
Purnells £1,500 + VAT+ disbursements
Savants £750 + VAT+ disbursements

on top of the MVL my accountants are Charing me £750 + VAT for all the work related to this and my tax return so I don’t know if this is normal or they just trying to make some money as they are loosing another contractor.

I am Incline to go with Chris from MVL as he seems genuine but I just wanted to see if you anyone of you had some recommendations.
I thought MVL is the best way as I can’t see I would be working outside the IR35 in the future.

Thanks

[Lance]

As many other contractors I might have to close my limited company due to the new regulation with the IR35
I have been enquiring and the pricing is all over the place. I am sure some of you have closed your PSCs and might be able to recommend one you know ?

so far I have quotes from
MVLonline £995+VAT+disbursements
Keystonerecovery £3,999 all included
SJD Accountancy £2,000 + VAT + disbursements
Purnells £1,500 + VAT+ disbursements
Savants £750 + VAT+ disbursements

on top of the MVL my accountants are Charing me £750 + VAT for all the work related to this and my tax return so I don’t know if this is normal or they just trying to make some money as they are loosing another contractor.

I am Incline to go with Chris from MVL as he seems genuine but I just wanted to see if you anyone of you had some recommendations.
I thought MVL is the best way as I can’t see I would be working outside the IR35 in the future.

Thanks

Charing Cross?

losing

There's tons of threads on this. Read them. And they're in the other forum accounting/legal (the correct one where this should be).

Point of note. You don't *have* to do anything. It's a choice.

[northernladuk]

I'd go with Chris all day long. He's spent a lot of time on here helping out and his advice has always been spot on. He's done MVL's for a number of the forum bigwigs so is a very safe pair of hands.

Extra cost is normal although there has been discussion in the past about the actual amount.

MVL has been done to death recently so people may not be so willing to come back and give the same advice over and over again. Use the google search method to look for the past threads.

In google type MVL site:contractoruk.com/forums

Mess around with the keywords at the beginning for more specific threads.

Remember though. You do not have to close your company due to IR35. You will get many contracts over the years. The fact that the one you are getting is inside is just a short term thing. Inside gigs have been around since the dawn of IR35 so it's not specifically the new changes that are forcing you to close it. Remember also you cannot open a new LTD for two years after you've MVL'd.

[Pmidas]

Charing Cross?

losing

There's tons of threads on this. Read them. And they're in the other forum accounting/legal (the correct one where this should be).

Point of note. You don't *have* to do anything. It's a choice.

Ohh dear posted on the wrong forum... Ok no worries thank you for replying...

[Pmidas]

I'd go with Chris all day long. He's spent a lot of time on here helping out and his advice has always been spot on. He's done MVL's for a number of the forum bigwigs so is a very safe pair of hands.

Extra cost is normal although there has been discussion in the past about the actual amount.

MVL has been done to death recently so people may not be so willing to come back and give the same advice over and over again. Use the google search method to look for the past threads.

In google type MVL site:contractoruk.com/forums

Mess around with the keywords at the beginning for more specific threads.

Remember though. You do not have to close your company due to IR35. You will get many contracts over the years. The fact that the one you are getting is inside is just a short term thing. Inside gigs have been around since the dawn of IR35 so it's not specifically the new changes that are forcing you to close it. Remember also you cannot open a new LTD for two years after you've MVL'd.

Thanks a lot NorthenlandUK, I have now found some of posts you mentioned... I feel a bit piss off with my accountants as they haven't really explained all they need to do in a MVL but the said they will sort out all my taxes in the most efficient way... God knows that is true....