-
Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
Recent content by Bones
-
B
Best Time To Close LTD Company
In my case there wont be any money left in the business by the time I close it. However I was hoping to close it without having to pay several hundred quid for accounts that show no trading.- Bones
- Post #6
- Forum: Accounting / Legal
-
B
Best Time To Close LTD Company
I would have imagined that its most cost effective to close it just after account have been completed? And the worst time would be going over the tax/company year committing you to another years accounting? (In principle) Personally I am going into business and have trickled the money out...- Bones
- Post #3
- Forum: Accounting / Legal
-
B
Best Time To Close LTD Company
I know this question has been asked before but I cant find any kind of advice that answers the question, so... On the basis that I am not asking when to close 'my' ltd company, and if you are prepared to just throw money at it you can always close it anytime. I am asking in terms of tax year...- Bones
- Thread
- Replies: 7
- Forum: Accounting / Legal
-
B
Self Assessment
This is very true but its easy to say and hard to achieve. Where do you get the knowledge from, other than people who know from experience. The usual guides are not written as company director friendly. In terms of vetting an accountant I can only see that as very limited until you have been...- Bones
- Post #22
- Forum: Accounting / Legal
-
B
Self Assessment
Have been sent P60 in email today, they dont send them out automatically apparently. It looks as though I am just going to have to pay them to fill in my tax return as I have had so little advice here, but many thanks to those who have helped.- Bones
- Post #18
- Forum: Accounting / Legal
-
B
Self Assessment
Late last year when looking at filing an assessment I found out that I had missed the deadline for paper submission. I also found out that I was days away from the closing date for registering for online submission. I was not happy, and complained to the accountants about the missed deadlines...- Bones
- Post #16
- Forum: Accounting / Legal
-
B
Offset Mortgage for IT contractor
Have you seen an offset mortgage deal that your interested in? I looked into this a while ago but found that the minimum mortgage amount was so high it rendered the whole thing pointless for me.- Bones
- Post #3
- Forum: Accounting / Legal
-
B
Self Assessment
I am 99% sure I didnt get a P60, I will take it up with them. No idea if I need a P11D, certainly didnt get one. Although my accountants have their good points (only a few) their online App makes it impossible to work out how much tax I owe and how much retained profit I have at any time. Am I...- Bones
- Post #14
- Forum: Accounting / Legal
-
B
Self Assessment
My accounting service provider registered me online (unknown to me at the time) I doubt they have registered my email. So if they submitted the assessment I would get nothing. Although I accept it would remain online to look at. I am not totally adverse to paying them to do it, but I have had...- Bones
- Post #12
- Forum: Accounting / Legal
-
B
Self Assessment
Salary, dividends & expenses. Not come across the term 'close company' before but a quick search suggests that almost all LTD company contractors would be classed as a close company?- Bones
- Post #11
- Forum: Accounting / Legal
-
B
Self Assessment
No, LTD only but since the LTD part is causing me all the problems then yes I will be in the same position. Never filled in an online assessment, are you saying it generates an email copy? or remains accessible online until next years. If not I dont see where a copy will come from.- Bones
- Post #8
- Forum: Accounting / Legal
-
B
Self Assessment
Yes, if I give them £100+vat they will fill it in online, I learn nothing and I am in exactly the same position next year.- Bones
- Post #4
- Forum: Accounting / Legal
-
B
Self Assessment
I am currently trying to fill in a self-assessment form (then transfer online). In the last tax year I was working through an umbrella for the first half and LTD for the second half (different contracts). Other than that my tax affairs are very simple, I have done a search and found a little...- Bones
- Thread
- Replies: 31
- Forum: Accounting / Legal
-
B
Do you Opt Out?
I am really shocked at the number of people who casually buckle and sign the opt out!! All they are doing is adding to the pimps statistics that claim 'most contractors opt out' and therefore so should you! It is the principle of protecting the rights for all thats most important not...- Bones
- Post #14
- Forum: Business / Contracts
-
B
Company Savings Account
Ha ha ha I think you might be right! I wasnt trying to say there was no benefits, just establishing the boundaries. I am guessing this is still dependent on where you are on your tax allowance Actually I fell into it, earnings are considerably more, its just accessing it is way more...- Bones
- Post #36
- Forum: Accounting / Legal
