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Recent content by Ben
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Mantor Limited option
We have already been sent questionaires that agencies want our contractor to complete and sign. They have a vareity of questions that are largely concerned with the degree of control and influence the service provider has over the contractor's company. Is the contractor the sole director, does...- Ben
- Post #15
- Forum: Accounting / Legal
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B
Mantor Limited option
The redefinition of MSCs announced yesterday means that you are almost certainly right. As I tried to explain above, we've held off offering anything to our contractors before the details of the budget were announced. We're now glad that we've done so. A number of providers, such as Brookson...- Ben
- Post #14
- Forum: Accounting / Legal
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B
Mantor Limited option
Setting up everyone with their own PSCs does take time. And hasn't been done yet. But, with just a little bit of overtime, everyone who wants their own limited company shall have one. No MSC provider will dare wing it because under the new rules they are liable for the tax too.- Ben
- Post #6
- Forum: Accounting / Legal
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B
Mantor Limited option
It's a very common way to set up companies in bulk. Thet are set up with a temporary director. When a contractor wishes to use the company he signs the paper work necessary to become the director. The initial director resigns. The contractor is also made the sole shareholder. It's his company...- Ben
- Post #5
- Forum: Accounting / Legal
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B
Mantor Limited option
The information given has not been vague: it has been provisional. As you may or may not know, the budget was only announced a few hours ago. The systems mantor are putting in place to make sure we are compliant have not been finalised and will not be until our lawyers complete their review. Our...- Ben
- Post #4
- Forum: Accounting / Legal
