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Recent content by GoForIT
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Pension contributions from Ltd Co when no revenue #2
yes - have pinged them a message and will share here if interesting/generic info- GoForIT
- Post #3
- Forum: Accounting / Legal
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Pension contributions from Ltd Co when no revenue #2
Weird - my existing post throws an error when I try and access it? So again + thanks for the earlier reply but I cannot see it :-) My question - assume ltd co has 200K after all obligations cleared. Contract ends and no more work, can I continue to pay salary and pension contributions for eg 2...- GoForIT
- Thread
- Replies: 2
- Forum: Accounting / Legal
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Pension contributions from Ltd Co when no revenue
If my ltd co achieves no meaningful revenue for 2 years is it acceptable to continue to pay salary and max pension contributions during this time and generate a loss? Can this loss then be recovered from past years corp tax payments? Am considering what happens when my current contract ends...- GoForIT
- Thread
- Replies: 2
- Forum: Accounting / Legal
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Charging company EVs at home - HMRC guidance
Trouble is how to back date this so that you can put a claim through your company for the past couple of years where you did not necessarily keep records for each time you charged your car at home. I wonder if knowing the car had eg covered 10,000 miles in a period could you estimate the kWh of...- GoForIT
- Post #8
- Forum: Accounting / Legal
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IR35 Liability transfer
Thanks - the point is stopping the intermediary chasing the Ltd Co should there be any cause for them to try and invoke an indemnity clause. Not to try and avoid HMRC claiming.- GoForIT
- Post #34
- Forum: Accounting / Legal
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IR35 Liability transfer
Aside from being genuinely outside IR35 what strategy can you adopt to mitigate the indemnity? If a ltd co 1 man works via an intermediary for a large end client and has an indemnity clause re taxes etc that is quite open. Is one option here to close the company each few years so there is no...- GoForIT
- Post #31
- Forum: Accounting / Legal
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IR35 Liability transfer
If a ltd co 1 man works via an intermediary for a large end client and has an indemnity clause re taxes etc that is quite open. Is one option here to close the company each few years so there is no company for the intermediary to claim from? Thinking especially when working for a few years at...- GoForIT
- Post #30
- Forum: Accounting / Legal
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Restrictive Covenant - options
Thanks, there is some food for thought there. I've deliberately not provided too much detail here. I understand intimately the client PSL model, know the margins and although happy with my rate do not like the lost money for no ongoing value provided by the intermediary. Enjoy the role so a walk...- GoForIT
- Post #8
- Forum: Accounting / Legal
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Restrictive Covenant - options
On the positive side, no issue at the client contract (probably their in-house service agreement) - they checked and will not care if the intermediary is not happy with things. My question is essentially - the restriction applies to my company, is it feasible to use a new Ltd company entity to...- GoForIT
- Post #4
- Forum: Accounting / Legal
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Restrictive Covenant - options
I've been working through an intermediary (I have Ltd co and work outside IR35) for a few years. The margin is in my opinion high but minimal power to force a change. There's a restriction clause preventing my company from working with the end client for x months after contract ends. I'm shortly...- GoForIT
- Thread
- Replies: 10
- Forum: Accounting / Legal
