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Hi guys,
I have a quick question regarding the VAT and company profit
Consider the following scenario
Company A has generated a total invoice in one year = £100,000+20,000 (VAT)= 120,000
Company A has paid VAT (flat rate) in one year = £120,000*0.145=£17400
Remaining amount = £102,600
Lets...
Just a rant about my current experience with a recruitment agency.
Arranged my interview for a 8 months role, offered the role for 4 months and signed the contract. All done, agreed the joining date of 2nd Nov.
I have given the notice to my current client of two weeks on last Monday.
Today...
Thanks for you reply.
I asked this question because my understanding for IR35 is that, if you are not treated as an employee by your client than you are out of IR35? A company (client) will never do a separate contract with their employees for a piece of work. Will they?
Hi guys,
Just a quick question regarding IR35.
I am working with a client as a software developer contractor (Limited company director). My contract is with a recruitment agency. Recently the client asked me to do some additional work in same field, for which the client is going to do a...
The same thing happens to me couple of months back. Informed client that I won't be available for one month and they refused. I called my recruitment agency and told them that I am terminating my contract with 15 days notice. They called the client and then client said ok go ahead with your...
Sorry, why you think it is funny? I asked this for a reason. I know of a person who is ill and I would like to contribute some £££ for his healthcare. is there anything wrong/funny about it?
Hi All,
Lets say myco (IT Contractor) has earned 40K in one year. Out of this if i want to pay lets say 5K to a registered charity, Can I pay it from my company accounts directly and consider it as expenses. Or do i have to transfer this to my accounts as dividends and then pay to the charity...
Hi guys,
Just wondering if any IT contractor has applied for "offset mortgage" totally based on daily rate with only one years of accounts.
Any recommendations about the mortgage broker who is willing to submit offset mortgage?
Thanks
Guys, quick hypothetical question.
From April 2014 to December 2014, a person has not earned anything. From Jan 2014 to April 2015, (s)he has earned 9,000. Is there any tax and NI due on this amount for year 2014-2015.
advance apologizes to those who are going to write "Ask your accountant" :)