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Recent content by Peejay
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Extracting final surplus in multiple transactions?
Perfect, that clarifies it for me, many thanks for taking the time.- Peejay
- Post #5
- Forum: Accounting / Legal
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Extracting final surplus in multiple transactions?
£9 is the bulk of £10, it's all relative. All I'm asking is, if you're making a capital distribution when closing down a company, does it need to be shown as a single transaction?- Peejay
- Post #3
- Forum: Accounting / Legal
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Extracting final surplus in multiple transactions?
We're in the process of striking off a business with two directors, there's only about £15k left in the business between us but I could do with getting access to at least some of my share ASAP even though we haven't quite finalised the remaining liabilities, though they'll be small. Is there an...- Peejay
- Thread
- Replies: 10
- Forum: Accounting / Legal
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Time for MVL or not and IR35
Thanks for clarifying the "qualification" for BADR. Although winding down is clearly the cheapest route, it doesn't give me the peace of mind that I think an MVL would, and that would be my primary reason for shutting down anyway. If I'm not doing it for MVL then I'd consider making the company...- Peejay
- Post #46
- Forum: Business / Contracts
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Time for MVL or not and IR35
This is something I'm currently trying to decide on. I've been trading for 9yrs but spent a significant amount of that time (7yrs from 2012) with one client in *their* various guises over the years. I haven't worked/traded in this business since finishing my last contract, with a completely...- Peejay
- Post #44
- Forum: Business / Contracts
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Should you appear desperate for redundancy?
To answer a couple of questions, in a nutshell, the details passed over when I transferred into current company was 2.5x notice period (which is currently 12 weeks) so that's 30 weeks worth (I know of a few people that have been made redundant after bench time, at least one of which had 12 years...- Peejay
- Post #28
- Forum: Business / Contracts
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Should you appear desperate for redundancy?
Definitely a para in the contract saying "You may not in any capacity or manner whatsoever be personally employed or engaged or interested in any commercial enterprise other than the business of the Company, except where it is expressly permitted in writing by the Company." Wow, so I'm not...- Peejay
- Post #13
- Forum: Business / Contracts
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Should you appear desperate for redundancy?
(My area is Technical Architecture) It's not that I won't work away from home, I've told them I'll happily work away from home for the right money/package. However, given that my current terms essentially only state "you may be required to change office", spending 5 days/week in London (plus...- Peejay
- Post #7
- Forum: Business / Contracts
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Should you appear desperate for redundancy?
Apologies for sounding "arrogant" towards contractors, it wasn't intended. It's just that the contractors I've been experiencing over the last few years seem to be great at the BS but just can't deliver & ended up getting great money for doing feck all (more power to 'em I guess!). Most of them...- Peejay
- Post #5
- Forum: Business / Contracts
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Should you appear desperate for redundancy?
First post, read loads, go easy on me! In a nutshell I'm a 14-year permie veteran and have been thinking about contracting for the last couple of years (having been surrounded by idiots on contracts earning way more than me making fools of themselves) but haven't been in a position to take the...- Peejay
- Thread
- Replies: 30
- Forum: Business / Contracts
