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Recent content by Horby

  1. H

    Paystream have changed their name...

    KEEP Well away from Paystream, The only qualified accountant is the Boss all the other staff that attempt to give advise are clerical staff. I had a nightmare with this company withholding payments and giving false information about what I was entitled to, in the end I spoke to HM C&E and they...
  2. H

    BEWARE!! Paystream2000

    my crystal ball was a bit cloudy that day.
  3. H

    BEWARE!! Paystream2000

    I have just parted with this organisation and would warn anyone to be very carefull if using them. I was lied to by the staff and management regarding receipt of payments and expense receipts, mileage payments were calculated and payed at a lower rate than should have been. The staff have...
  4. H

    VAT receipts or Warranty!?!?

    I submitted a VAt receipt for a laptop to my composite company admin department. I have asked for the origional receipt back for warranty purposes and they have said if you want the original they won't be able to :bang: claim VAT back on the item? Basically it's VAT back or your warranty...
  5. H

    Billable expenses being Taxed?!?!

    does that comment indicate somethings not right then?
  6. H

    Billable expenses being Taxed?!?!

    The 'managed service' company gave me a LTD Company name, I am sole director of my company (checked at companys house) though my companies registered address is at the managed service companie address. My company is also VAT registered. I am also the sole employee of my company. I pay a fee...
  7. H

    Billable expenses being Taxed?!?!

    I'm in the process of questioning what they are doing that's why I came on here for the comments of others to make sure I was not barking up the wrong tree. I have just spoken to others using the same 'brolly' who are having the same problem, maybe the threat of a mass exodus may spur them to...
  8. H

    Billable expenses being Taxed?!?!

    I submit a mileage claim form to my 'brolly' every ,this details which is billable and non billable mileage. Any other billable expenses (hotels etc) are also put through on one of their claim forms. Is this not correct?
  9. H

    Billable expenses being Taxed?!?!

    Hi all, (only contracting 4 months) I use a composite company. When i get my pay slip my billable expenses are shown as an hours pay in my topline, as such they are being taxed. I queried this and they told me the following; "You must claim the billable expenses (duplicate them)on a claim...
  10. H

    Have they got me by the round-ones?

    Spoke to my 'Managed Service' company to day. They confirmed that I am the only director and sole owner of my company. Presumably then I can carry on trading under that name without using their services? Could some hazzard a guess?
  11. H

    Have they got me by the round-ones?

    Thanks for that. It's the closing down bit I need to know about as they are infering I don't need to do anything and there are no implications. From, what you advise I guess thats not the case. Is there a way I can close the company without their involvement? as they don't seem to want to do it.
  12. H

    Have they got me by the round-ones?

    OK...The managed service company setup the ltd company for me and basically charge me a fee for managing the pay and administration, expenses mileage etc. No company bank account was created all funds are paid from them into my personal account. As I am infact the only employee of that company...
  13. H

    Have they got me by the round-ones?

    Having realised I was poorly advised to go down the LTD company route with an umbrella service, I have decided to drop them at end of the current contract. (there is a chance the contract will be renewed). I asked them what the procedure was for folding the business and they said the company...
  14. H

    Expenses! whose working for who?

    Thanks for your response so far. Apologies if I sound green on this subject, but I am! I have only previously worked as a permie or done short term contracts direct via an agency. I was somewhat railroaded by my an agency into using this particular umbrella company partly due to the short...
  15. H

    Expenses! whose working for who?

    I am trading as a limited company, which was et up for me by a managed service umbrella thingy. I have been told that all I can claim for whilst away (overnight in hotel) is the accomodation (billable to the client anyway), other than that They tell me all I am allowed is £5! subsistence without...
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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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