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Recent content by firstTimeNewbie

  1. F

    is Relevant Life Cover/Plan (RLC/RLP) any good?

    I was actually thinking of something simlar to what you've done (although for me it would be for myself time being as I don't have a wife yet). An insurance advisor recently actually suggested what you've done to me saying that it's best to buy a whole bit of everything so you're covered...
  2. F

    is Relevant Life Cover/Plan (RLC/RLP) any good?

    I been speaking to an IFA and also speaking to other insurance advisors but they are not contractors like most people are here so they don't understand the thinkings of an contractor. They only offer the best financial option based on your circumstance. But I also want to gather ideas and views...
  3. F

    is Relevant Life Cover/Plan (RLC/RLP) any good?

    Hello, Just wondering if it's more beneficial to purchase Relevant Life Cover (RLC) for a contractor rather than a personal Life Insurance and also whether they're mutually exclusive at all... ? I know that an RLC is an obviously more tax efficient for many reasons incl. paying from your ltd...
  4. F

    Few questions around Timesheets.

    strangely my thread has turned into a debate around invoicing rather than about timesheet specifics (my original post). but I guess those two are closely related.
  5. F

    Few questions around Timesheets.

    maybe. as a first timer, I wanted to get all the help I possibly could as I'm still learning my way through this. No doubt, in future, if it turns out on reflection that it will be easier to do things myself then sure I will start to do it myself.
  6. F

    Few questions around Timesheets.

    The contract is outside IR35. I won the contract via a recruitment agency but I've been told I need to deal directly with the client in terms of invoicing as this Client has a special relationship with the Agency. Yeah, my accountant said he doesn't need one. He said either a timesheet/or...
  7. F

    Few questions around Timesheets.

    My accountant provides a service where they generate an invoice and issue to my client on my behalf. They also offered me the option to do it myself. I chose to get them to do it as a first-time contractor I've never done these invoicing stuff before and I wanted to concentrate on my work...
  8. F

    Few questions around Timesheets.

    Hey all, First Time Contractor here, no experience of using Timesheets before at previous Permie companies. Searched this forum and couldn't find what I'm looking for so asking here... My Client has their own timesheet system via Kimble @ Salesforce. (Anyone using that by any chance?). I...
  9. F

    Limited Company - Can i expense a MacBook Pro?

    Can I purchase a new MacBook Pro and claim expense against my limited company? Will it be classified as "benefits in kind"? I read that if it comes under "benefits in kind" then there wouldn't be much advantage of doing it and would be better purchase it from myself own money. (as taken an...
  10. F

    First Time Contractor - Setup a Ltd company after I find contract or setup before?

    thanks for the info guys. The links on the left are surely very helpful. My brain is full of information now. I now know my first step is probably to get a contractor accountant onboard first and let them guide me through the setup process then I will be in a ready position to start hunting for...
  11. F

    First Time Contractor - Setup a Ltd company after I find contract or setup before?

    Hello, I am a newbie and after much research, I have decided I'm definitely going to go contracting and going via the Ltd company route. I now know all the necessary stuff I need to do but I don't know in what order I need to do them in, therefore any advice & guidance much appreciated. My...
  12. F

    Hello all

    Hello all, First Time Newbie Contractor here. I just want to say a "Hi" and introduce myself on here. As I been reading this forum for some time, it has some good content! I will be taking many advice as possible from you seasoned experts :) Many Thanks
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  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
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