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!
I got a letter the other day giving me a coding of D0 - looked it up and it means no personal allowance. So I'll ignore it anyway - they'll get their money through SA at the end of the year anyway.
But might be a question for accountants on the board - can we just ignore a PAYE coding notice if...
Pay yourself a dividend (so long as there is a retained profit in your company i.e. your invoices have been paid into your company bank account and it has made a profit to cover the dividend payment along with the corporation tax). That should tide you over.
Then just wait until SJD send you...
I worked a contract through MSB - no issues, paid on time, etc.
They merged with/got taken over by Networkers International to become NetworkersMSB. Again, after that, no issues with them.
Book plane tickets to Brazil leaving the following day [Friday] and coming back on Sunday afternoon, having calculated we'd get at least 2 days there and "could do everything".
Went up for an interview there last week. The only real hiccup was driving onto that 5 roundabout thing. The sat nav couldn't keep up with the direction changes so I had to go slower and slower round it until it could catch up.
Was worth it though - bagged a six month contract.
Anyone got a...
If those were the actual answers you gave, it's good being honest but you might have come across a little negative? Give an honest answer but if it's not going to get you the contract, you could try following up your answers with more positive-ness [sic].
"....but I'm really interested to hear...
From some of the posts you've made recently, are you sure you're cut out to run your own company?
Edit: Sorry, might be a bit strong. Just seems you haven't looked into running your own company.
1) Look at the details (and guidance) that Companies House has sent you.
2) Look at the first...
I'd second that. My last contract ended, I pinged a mate saying I was coming to the end of contract. He says he's looking for a contractor - start next Monday.
OK, so current situation is my company has been "provisioning services" to a very large Consumer Goods company for the past 2.5 years. It's a support analyst contract looking after their Funds Management system. The contract comes to an end this month.
Initially providing just support to the...
The £2000 you paid yourself is the net dividend. You need to add Corporation Tax onto that amount to get the gross dividend (I think it's currently 20%). The Corporation Tax acts as the Tax Credit.
I applied back in June and got my VAT registration certificate last weekend, after having to send in proof of a contract.
Then yesterday I get another VAT registration certificate along with a CD-ROM guide to VAT.
So, if anyone wants a VAT certificate, I've one going spare :wink