1. Contracting
    1. General
      1. Brexit
    2. Business / Contracts
      1. Coronavirus Assistance
    3. Accounting / Legal
      1. Umbrella Companies
      2. HMRC Scheme Enquiries
      3. The Future of Contracting
      4. IR35 Reform
    4. Technical
    5. Welcome / FAQs
  2. Social
    1. Light Relief
    2. Social / Events
  • 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 contractor58

  1. C

    Two bank accounts for Ltd company. Any good?

    Does the government protect business bank accounts? I thought that only applied to personal accounts?
  2. C

    The Budget then

    That sounds familiar - wasn't that announced last year? Different chancellor, same tricks!!
  3. C

    what to do with business account money?

    Take advantage of the credit crisis and high LIBOR rates. For the amount of money you have in the bank you can get a rate of 6.74% if you put it in 1 month LIBOR http://www.singers.co.uk/treasury/commentaryinterestrates.htm
  4. C

    Commercial Bank Account / Fixed Term Bond

    Obviously there rates changes every day, but at the time of writing... Kaupthing Singer & Friedlander have 6.31% for 3 months (min £100k) http://www.singers.co.uk/treasury/commentaryinterestrates.htm Close Brothers have 6.07% for 3 months (min £100k) http://www.closetreasury.co.uk/rates.htm...
  5. C

    Returning an overpayment

    I once has a £10,000 overpayment. There was no way I could have kept it because my books wouldn't have balanced. I just waited a while (approx 3 months I think) then informed the agency and paid it back. I got a bit of interest on the money, they got their money back, my books all balanced...
  6. C

    How long for an accountant to fill in a tax return?

    I recently provided by accountant (SJD) with all the details needed to fill in my personal tax return. This is the first year I have had an accountant and in the past I have always just done it myself (my tax return isn’t exactly complicated!) SJD have informed me that they have a 2 month...
  7. C

    Norla EBT Loan Scheme

    Yep, looks to me like I've been totally had here (unless I'm missing something!) Would I have a case for claiming I was 'mis-sold' the scheme? - ie their claim was that it would reduce my tax bill but it is going to increase it. Got a feeling that may be a bit of a long shot however!
  8. C

    Norla EBT Loan Scheme

    The 'reasonable' rate of interest is defined by HMRC every year and is 5% for 2006-07, which makes the payment £2 per £100 in your example. I have spoken to Norla, and they have said they won't be preparing for me a P11D in future years because I obviously don't work for them anymore but it is...
  9. C

    Norla EBT Loan Scheme

    Last year I used a scheme provided by Norla to pay myself. I’ve subsequently done the sensible thing and moved to a Limited company with SJD. There were several similar schemes out there (don’t think they still exist) but brief background is you get paid in a loan that you never pay back (yeah...
  10. C

    Best rate on Fixed Term Deposit account?

    Question referred to business use
  11. C

    Best rate on Fixed Term Deposit account?

    Does anyone use Fixed Term Deposit accounts to invest money they have sitting in the bank? (These seem to be much better than your standard savings account) Any recommendation on who offers the most competitive rates? Cater Allen display their (indicative) rates on their website and they look...
  12. C

    Best reserve account rate - Kaupthing Singer & Friedlander?

    Thanks for your response. I was more hoping to hear from someone who has actually had some experience of whether these guys are any good. Where did you hear about Icesave doing business accounts by the way? - it would be great if they did but I've got a feeling they don't!
  13. C

    Best reserve account rate - Kaupthing Singer & Friedlander?

    Moneyfacts have the Premier Base Rate 60 Account at Kaupthing Singer & Friedlander as the business reserve account with the best rate - 5.8% for 60 days notice (min 25k) It seems you can also get 6.0% for 90 days notice. Has anyone got any experience of using this bank? (I've never heard of...
  14. C

    IR35 Insurance - have Qdos ever paid out?

    If Qdos only agree to cover you with their IR35 Insurance once they have reviewed your contract and are happy it is a not caught by IR35, this would suggest they never or very rarely pay out ...which brings me to my question ....what's the point of taking out their insurance? If you have PCG...
  15. C

    10% Tax

    Any advice on what I should do? I started up a limited company about 6 months ago with a plan to winding it up about 2 or 3 years later to take advantage of taper relief. This was a 'plan' heavily promoted by SJD. At the time SJD said 'they know of no reason why the taper relief should be...
See more

Partners

Contractor Mortgages
Contractor Mortgages
PI Insurance
PI Insurance
Closing your company
Closing your company
Contractor accounting
Contractor Accounting

Advertisers

Contractor services

CUK News All news

Tag cloud

accountant agw boomed! contract contract advice expenses global warming guinea pigs hmrc ir35 limited company monday links mumsnet online tax the official doom training trigger warning umbrella wgas
  1. Contracting
    1. General
      1. Brexit
    2. Business / Contracts
      1. Coronavirus Assistance
    3. Accounting / Legal
      1. Umbrella Companies
      2. HMRC Scheme Enquiries
      3. The Future of Contracting
      4. IR35 Reform
    4. Technical
    5. Welcome / FAQs
  2. Social
    1. Light Relief
    2. Social / Events
Back
Top