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Recent content by nrsql
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The agency will not pay invoices and go stealth mode
I knew someone who was placing contractors, paying their first couple of invoices then stopping. He managed 7 months with one of them. He was eventually convicted of colluding with a bank manager friend to get a mortgage on a house he was renting. I don't think anything happened to him over the...- nrsql
- Post #17
- Forum: Business / Contracts
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Restricted broker list for investments
It's to do with insider trading. They are trying to ensure that non-public company information isn't used - or at least to be able to say they are trying. That is reasonable but they seem to be going a bit overboard.- nrsql
- Post #3
- Forum: Business / Contracts
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Restricted broker list for investments
For my new contract I have to disclose all investments and close any accounts not with a list of 6 approved brokers. I guess people will have come across this before. Do you think it will apply to sipps and unit trusts in isas as well as shares. From the compliance doc it looks like it does. I...- nrsql
- Thread
- Replies: 8
- Forum: Business / Contracts
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Client threatening to sue
They've gone from paying weekly to paying monthly and now being late with that. I think you know where it is heading. I suspect at some point they will stop paying altogether but will try to get as much unpaid work out of you as possible. Try to reduce the amount of outstanding payments. Leave...- nrsql
- Post #14
- Forum: Accounting / Legal
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Noob here, already fed up with agency and umbrella company
If you are going to contract for some time I would consider a Ltd company and using it for the existing contract as well. The cost shouldn't be much more than the umbrella and give you more control but you'll have to ask the agent to change the contract. Get an accountant before you set up the...- nrsql
- Post #25
- Forum: Accounting / Legal
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Closing company - entrepreneurs relief
Thanks - that's my view. Not that the accountant is wrong but he's working from different priorities. Taking the money out slowly via dividends I think would be cheaper but take longer.- nrsql
- Post #5
- Forum: Accounting / Legal
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Closing company - entrepreneurs relief
Thanks. (3) Agree about the long term agony - part of the gain here would be simplification. I think his view is that the dividends would be tax paid so I'm saving the 10%. He said if I stopped trading the he would reduce the fees. Bit concerned about the investment company bit. (1) Up til now...- nrsql
- Post #4
- Forum: Accounting / Legal
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Closing company - entrepreneurs relief
I'd like to close my company and claim entrepreneur's relief. I've tried retiring a few times - I lasted 3 months recently before accepting a 3 month contract. Will hopefully rest for a while after this but can't see myself ever stopping work - quite enjoy it and get bored easily when not...- nrsql
- Thread
- Replies: 7
- Forum: Accounting / Legal
