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Urgent Questions

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    Urgent Questions

    Hi,

    1. Being on bench do i still need to pay monthly accountancy fee to Accountant?
    2. if i go permanent then do i need to close my Pvt Ltd company?
    3. if i need to close then what is procedure? any suggestions?



    please reply..

    -Thanks & Regards
    Nav

    #2
    1) Of course, they still have work to do. It's why some people choose umbrellas
    2) It's up to you, but you'll still pay for it
    3) Talk to your accountant

    Comment


      #3
      What's urgent for you isn't urgent for us. Go read a guide on Netiquette.
      Down with racism. Long live miscegenation!

      Comment


        #4
        Originally posted by naveensoni View Post
        Hi,

        1. Being on bench do i still need to pay monthly accountancy fee to Accountant?
        2. if i go permanent then do i need to close my Pvt Ltd company?
        3. if i need to close then what is procedure? any suggestions?



        please reply..

        -Thanks & Regards
        Nav

        You also still need to be paying agents
        Let us not forget EU open doors immigration benefits IT contractors more than anyone

        Comment


          #5
          Originally posted by DodgyAgent View Post
          You also still need to be paying agents
          Is that why I am still on the bench then?
          Just call me Matron - Too many handbags

          Comment


            #6
            Originally posted by zara_backdog View Post
            Is that why I am still on the bench then?

            Can you please pay me monthly by standing order?
            Let us not forget EU open doors immigration benefits IT contractors more than anyone

            Comment


              #7
              Originally posted by DodgyAgent View Post
              Can you please pay me monthly by standing order?
              How much is your monthly again?

              Comment


                #8
                Originally posted by naveensoni View Post
                Hi,

                1. Being on bench do i still need to pay monthly accountancy fee to Accountant?
                2. if i go permanent then do i need to close my Pvt Ltd company?
                3. if i need to close then what is procedure? any suggestions?



                please reply..

                -Thanks & Regards
                Nav
                1 - possibly.
                2 - possibly.
                3 - no idea.

                HTH
                Best Forum Advisor 2014
                Work in the public sector? You can read my FAQ here
                Click here to get 15% off your first year's IPSE membership

                Comment


                  #9
                  Originally posted by naveensoni View Post
                  Hi,

                  1. Being on bench do i still need to pay monthly accountancy fee to Accountant?
                  2. if i go permanent then do i need to close my Pvt Ltd company?
                  3. if i need to close then what is procedure? any suggestions?



                  please reply..

                  -Thanks & Regards
                  Nav
                  1. Check your contract and speak to your accountant.
                  2. No. You can submit your year accounts and Corp. Tax and put your company in dormant. You may have to pay an accountant a fee to do your returns on a yearly basis, therefore it may not be efficient to keep your company open beyond its current year end.
                  3. For the best answer, speak to your accountant.
                  If your company is the best place to work in, for a mere £500 p/d, you can advertise here.

                  Comment


                    #10
                    I think the general consensus is:

                    Speak to your accountant.

                    Comment

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