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Recent content by jchiver

  1. J

    Fixed rate contracts vs normal contracts

    Why would any contractor take on a fixed term contract. The rates seem poor. If it was a full time job you could understand the rates but its not....
  2. J

    Contracting and Flat rate VAT

    Thanks for all the info and it would seem that most people are on the flat rate. I guess that leads me on to my next questions which is how much in % do you keep from your day rate? Regards,
  3. J

    VAT Flat rate and Petrol expenses

    thanks
  4. J

    VAT Flat rate and Petrol expenses

    thanks sounds like the best bet.
  5. J

    Contracting and Flat rate VAT

    do you mean that by being on the flat rate scheme you kept £2500 back compared to what you would have given them if you were not on the flat rate? Ta
  6. J

    Contracting and Flat rate VAT

    thanks for the information. How many others agree?
  7. J

    Contracting and Flat rate VAT

    Are you a contractor? are you using the FLAT rate VAT scheme? If not why? If so why?
  8. J

    VAT Flat rate and Petrol expenses

    I am just about to start out in contracting and I will get an accountant but not until I have money coming in. Until then I am trying to work something out. It relates to the VAT flat rate scheme and business mileage. The only real expense the company will have is business mileage and I don't...
  9. J

    Company Name

    Thanks for the info,
  10. J

    Company Name

    Great idea on the personal plate. Thanks for your help J
  11. J

    Company Name

    Hi Everyone. I need to create a new limited company and have thought of a name i would like to use. The problem is that the company name is already registered. My question is this. The company name i would like is (for example) ABC IT limited which is already taken however ABD Information...
  12. J

    Are my sums correct?

    Thanks. Regarding the £4,500. I will travelling 100 miles a day so will soon reach this and then some more.
  13. J

    Are my sums correct?

    Thanks. I used the calculators on this site to work out the taxes. I just re-checked my corporation tax using the calculators on this site and it say's its correct. With this in mind and your suggestion on on the NI have update the figures as follows Company income: £31,500 - Salary: £7,072...
  14. J

    Are my sums correct?

    Hi, I am looking at moving into contracting and have applied for a position. I am trying to work out why my net income from the contract would be if i got it and i would like some confirmation of my sums if someone could help me. For the sake of the calculation and to simply the results I...
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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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