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Thanks to all for the responses. Very helpful. I think I have another idea now. My wife can invoice the "company" directly without involving me or my limited company. It is just filling into excel some publicly available data. Payment amount involved is not large so think this should be a cost...
All
I am contracted to a subsidiary of a "company". The "company" has a small job that they think a consultancy would be too expensive to do. I suggested my wife who is a director in my company can do it. They ("client") are fine with that. My question is - Do I need any PI cover for my wife to...
"As you will appreciate, the contents of the Budget are for the Chancellor, and I do not know what may or may not be in it.
I appreciate your concerns about the impact changes to IR35 could have. Flexible labour plays an important role in the UK economy and it is necessary that the tax system...
Hello Folks
I am in the process of preparing to do my self assessment. I spent good money last year on doing up my buy to let flat but haven't kept the bills. Is it ok to include those expenses to offset the rent received without the receipts? A lot of the payments were in cash to local Joe...
Chaps
In light of the increase in SDLT does it make sense to buy my second house ( current would become BTL) via the limited company! That will save £20k on SDLT on a 600k purchase which is sizable!! Also easier to manage inheritance and no cgt if I live in it till I drop!!
Cheerios
don't know if its allowed or not but I know couple of people already doing it!!
the umbrella sponsors the visa and off you go to your client as a contractor (umbrella's SME ofcourse). Umbrella gets a healthy margin and the contractor gets a good rate! All happy chappy!!
Hello All
I'm a newbie so excuse my question which might be basic for some!
My accountant has told me to pay dividend tax for next years income that I might receive (assuming I keep billing the same)! He's asked to put half for next year (2013) and full for the year that went by!
Is that...
Wow!! Many thanks for all your views!! Much appreciated. I think i'm gonna take the cautious approach and decline politely. Altho i do know some coworkers might think i'm doing it for money as they will not know about IR35 and all, but better to be safe than sry ltrs!!
Thx once again all! Long...
Hello All
My client has booked a half day away day with all sorts of games et al for all the employees of the department. I am the only contractor here. They've asked me to come along. What would people of the know advise? To Go or stay back as the only one in the office and show work spirit :)...