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 DigitalUser

  1. D

    Alphabet shares and profit distribution

    The threshold for passing a decision is > 75% so in this instance there isn't cause for concern. In any case, I've followed up with my accountant over a lengthy call and we did the sums on a divi Vs bonus - the sums work out almost identical at the higher & additional taxpayer rate thresholds...
  2. D

    Alphabet shares and profit distribution

    You can have equal voting rights on Alphabet shares unless they are classified differently in the shareholder agreement.
  3. D

    Alphabet shares and profit distribution

    Thanks Lance - the majority shareholder has been advised (by their accountants) against Alphabet shares that HMRC don't look favourably on this type of setup, but the only scenario I can find where there has been case law which HMRC has won is against PA Holdings, who setup a contrived scheme to...
  4. D

    Business Savings Account

    I'm doing the Wise setup at the moment - aside from the lack of FSCS protection, I've accrued a decent amount of interest over the past 4 months so I'll continue to run with it. At the moment I'm earning 4.82% which is very decent.
  5. D

    Alphabet shares and profit distribution

    Folks, I've just fired off the same question to my accountant, would be curious if anyone else has experience with this... I'm in talks with a small company about joining as a director + minority equity holding. There would be 3 directors in total with a 55:25:20 split and I will be buying in...
  6. D

    Spain digital nomad visa

    This is me - we were planning to move for September but have pushed back by a year because of the challenge in finding an international school that we liked and are also not considering another region entirely. Happy to chat about my experiences so far
  7. D

    Spain digital nomad visa

    Any idea what the tax rate has landed on? I've seen conflicting reports of 15% and 24% (both which are still far better than under the UK tax system)
  8. D

    Highest day rate you have ever seen for your skillset.

    A friend of mine has billed £1700/day a while ago. I've hit £1200 and am not a million miles off that at the moment, but the market has been incredibly variable over the past few years and these are the types of gig that are a direct sell into the client and more consulting-type in nature (I'm...
  9. D

    Spain digital nomad visa

    We're in this boat - as a family we've talked about moving overseas for some time. Brexit hamstrung that to a certain degree until this visa came along. Any tax benefits are, whilst incidental and welcome, not the motivation we'd up sticks for. This thread seems to have gone wildly off topic...
  10. D

    Spain digital nomad visa

    Are you able to share the source of the details? I'm less bothered about the tax regime, more the practical details of who you can work for e.g. a startup of < 5 years
  11. D

    Spain digital nomad visa

    https://www.schengenvisainfo.com/new...axes-for-them/ It might also be how I'm reading the statement around the 183 day rule which is an misinterpretation. Happy to be corrected on this...
  12. D

    Spain digital nomad visa

    My only slight concern (I've been tracking this for over a year as we're planning to relocate) is the 15% only kicks in if you spend less than 183 days a year there. That strikes me as somewhat odd, but I've seen that on a few articles now
  13. D

    Outside IR35 with no SDS

    Not sure if it’s worth adding - the consultancy would fall under the small company exemption and my contract would be between my Ltd and the consultancy, not the end client
  14. D

    Outside IR35 with no SDS

    I’ve been offered an outside IR35 contract via a consultancy, but without a written SDS being provided. The work will be encapsulated by a SoW with clear deliverables and working practices will be consistent with an outside determination (I’ve done work with this consultancy before and there’s...
  15. D

    Is an SDS + client letter sufficient?

    I don't know. Furthermore, the client is a relatively small firm (not small enough to qualify for the small business exemption) and there could be an extended relationship over time with them. They've gone against the grain for me (which I greatly appreciate, as they were advised not to engage...
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