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Recent content by dav77
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Ltd Company - VAT and PAYE
Hi there, Thanks also for the quick reply. I wont be buying that many supplies, perhaps just a phone or computer at some point, and a few office supplies. But, as previous poster mentioned, I will be over 68k so I guess I need to be VAT registered anyway, even if I'm not purchasing over the...- dav77
- Post #5
- Forum: Accounting / Legal
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Ltd Company - VAT and PAYE
Hi there, Thanks for the quick reply! Yes I am contracting, being under an umbrella for the past year. It will be over 68k so I will have to be VAT registered then, and I'll be paying just my salary so I will need PAYE. So, it is Yes and Yes! I wonder if I can register for them myself for free...- dav77
- Post #4
- Forum: Accounting / Legal
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Ltd Company - VAT and PAYE
Hi there, I'm thinking of setting up a Ltd Company. Do I need to become VAT and PAYE registered? Some setup services offer that as part of the package - http://sjdaccountancy.uk-plc.net/companyformation.htm While some do not include VAT and PAYE registration - (the £24.99 one)...- dav77
- Thread
- Replies: 8
- Forum: Accounting / Legal
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How much should I expect?
Hi everyone, Thanks a lot for all your posts, its been really helpful and things are slowly becoming a little clearer now. Just a bit naive with all this stuff, so want to make sure I'm not being taken for a ride or anything. My understanding is that, the rate is fixed, the amount of tax I...- dav77
- Post #16
- Forum: Business / Contracts
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How much should I expect?
Hi folks, My first post here on the forum, and new to contracting, its my first one. I'm using an Umbrella company (Giant). My wages are paid in arrears, and have not yet been paid yet, just started the contract 3 weeks ago. I'm just wondering how much I should expect? The daily rate is £300...- dav77
- Thread
- Replies: 20
- Forum: Business / Contracts
