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Recent content by AnotherGuy

  1. AnotherGuy

    MVL, entrepreneur tax relief and dividends

    I read there is a need to get ID certified and sign a declaration in front of solicitor. Out of curiosity, is this not a problem now with COVID-19? Anyone having issues with this? Perhaps this can be done remotely by video chat? Cheers.
  2. AnotherGuy

    MVL, entrepreneur tax relief and dividends

    My accountant mentioned something about this, quote: "Capital gain distributions could potentially be distributed over the two tax years by liquidators so that you benefit of the capital gains allowance twice, one in 2019/20 and one in 2020/21. However, you should double check with the...
  3. AnotherGuy

    MVL, entrepreneur tax relief and dividends

    Hello, :wave: I will be doing a MVL of a solvent LTD with considerable retained profit to distribute to just one director i.e. me. I've communicated this to my accountant and they've cancelled the monthly DD for their services and asks for £200+VAT for cessation procedures. Still they will be...
  4. AnotherGuy

    Contractor pension options - opinions expiriences please

    Another one here considering opening a Pension this year. I'm not sure I will be maxing it out tho, as 55 is way too in the future for me but not sure what else to do with these pesky off the roof corp. tax bills :eyes Will be following this thread as I need to decide a provider.
  5. AnotherGuy

    fellow contractor on higher rate then me

    Sorry I didn't express myself well. The agency who contacted me didn't know at first I was already with the same client. Also, they need more than 1 resource, all of them at said higher rate, which is why I don't think they are trying to trick me, but instead could be one of the following...
  6. AnotherGuy

    fellow contractor on higher rate then me

    Sorry to refloat this rather old thread, but I did a search and I came up with this as similar to my situation. I've been poached by another agency, with the same client, on a higher rate (~15%) and I know for a fact the client is going on a hiring rampage, several of the roles identical to...
  7. AnotherGuy

    Client won't honour notice period, any advice?

    3 months notice. Holy sh*t. That will not hold.
  8. AnotherGuy

    Back on the Bench

    Prepare for the worst.
  9. AnotherGuy

    House purchase - 10% deposit versus 20% and other factors

    Sorry to hijack this thread, but I wanted to ask if you are using a "mortgage broker" and if so, is there any fee to be paid to the broker? I'm trying to compile a list of brokers who don't charge any fee to the client but instead get their commission from the bank. Thanks!
  10. AnotherGuy

    My personal and company details are disclosed

    You can hide your personal address as others said. You can't hide your full name, nationality and birthdate.
  11. AnotherGuy

    Purchasing a flat - half company funds, half personal funds?

    Well, there are 3 main reasons why I would like to do this. a) I want to move fast and knock down asking prices, so being a "cash buyer" is to my advantage. b) I might have problems getting a BTL mortgage however small due to the fact I'm a FTB and I don't own any other properties. c) Even if a...
  12. AnotherGuy

    Corporation tax

    In my FreeAgent P&L report, FRS is under "Other income" with account "055 Flat Rate Scheme Surplus"
  13. AnotherGuy

    Purchasing a flat - half company funds, half personal funds?

    Hi there, This might be a completely stupid question and even a very bad idea. No, I didn't ask my accountant as at this point this is just a very blurry idea and not saying I'm going to do it. Is it possible, and would it make sense, to purchase a BTL flat without mortgage, using half the...
  14. AnotherGuy

    Any tips for a contracting noob

    Sorry to give you the bad news, but there is no EA next year for one man companies :spank:
  15. AnotherGuy

    Any tips for a contracting noob

    Is it? I'm going with £8,060 for the new year, down from £10,600 :rolleyes:

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