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Crossroads
More time posting than coding
Last Activity: Yesterday, 09:12
Joined: 2 February 2007
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  • Crossroads
    replied to "Retire" early...?
    That's because the OP totally forgot about this post! 8 years on...

    Back in 2016 I resolved to leave my miserable gig when the project and my contract ended at the end of that year. Not necessarily to retire but to have a bloody good break. I left in November, the buggers asked if I'd...
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  • Crossroads
    replied to Parking the Ltd for a year - VAT
    Yes. Will see what they say. I'm favouring the fly under the radar approach, but then again I don't like turning down free money!...
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  • Crossroads
    replied to Parking the Ltd for a year - VAT
    It's wasn't the potential benefit of de-registering and any benefit really the paperwork is trivial; it was more:

    - whilst I intend to trade again in future it's possible I might not, and I think the correct guidance is that you should deregister as soon as you anticipate no further sales....
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  • Crossroads
    started a topic Parking the Ltd for a year - VAT

    Parking the Ltd for a year - VAT

    Hi Folks,

    This can't be an uncommon scenario in these days of most of financial services being zero-hour PAYE gigs... after wrapping up my last proper B2B contract I've taken an inside role; money is good, project should be interesting and it's likely to last for around a year.
    ...
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  • I believe pension contributions are only tax deductable in the CT period they are made, so my (quite possibly incorrect) understanding is that you would be able to make a contribution but it could not be offset against tax.

    Therefore it's a way of getting the money out the company but you'll...
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