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Recent content by phayes

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    Rental Income and PAYE

    Thank you very much.
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    Rental Income and PAYE

    Thanks for that, I was going to mention about the state pension, would you mind telling me how much I would need to pay myself per annum to qualify for state pension. I take it the sensible way to go would be to qualify for state pension and just pay tax on the rental income? Paul.
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    Rental Income and PAYE

    Hi, On recently completing my self assessment I noticed that my personal allowance offset some of the net income I received from my rental property. As a basic rate tax payer does this mean that if I pay myself for example £5000 pa salary and received £5000 net rental income I would not pay...
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    HMRC Company Tax Return CT600

    Thank you very much Andrew and I hope you have a merry Christmas. I would not usually attempt my own accounts, as I did not trade I thought it would be easy, it was far from it, next time I will use my accountant as it is far less stressful. I entered the following figures:- called up capital...
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    HMRC Company Tax Return CT600

    Hi, I have been contracting in IT for the past 8 years, I did not trade last year, so there was no sales, I went travelling and paid myself a monthly salary, because of this I need to produce accounts still, I am using HMRC CT600 company tax and accounts service PDF tool. I am getting...
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    Not traded for last financial year, but paid my self a salary

    Hi, The last financial I did not contract, but I took the time out to work on some business idea's, I made no money and during this time I paid myself a salary, the return was submitted using the PAYE Tools Real Time. My question is other then use an accountant to do my accounts which will be...
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    Not traded past year, but paid myself PAYE

    ** DELETE **
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    Contract Extension Question

    Nice one, many thanks. Paul.
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    Contract Extension Question

    Thanks Thanks Thanks for that, I have just requested a contract for the extension, the last contract was sent as a pdf signed, is this ok, do i need a hard paper copy? P.
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    Contract Extension Question

    Hi, I have been offered an extension and the agent has just sent an email stating that the end date has been extended, I have some concerns as when I usually get an extension i get a new contract. The terms are remaining the same, its just the end date that is changing. Is this normal.? Paul.
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    Buying a bicycle through my own ltd

    Hi, I am thinking of getting a new bike to cycle to work with, can i just pay it through the business account? Is it possible to use the cyclescheme and is it worth it for a 1 man band? Cheers. paul.
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    Its Time to go (Again)

    Hi, I have done my 6 months hard work (not) and I am about to go to asia for a 6 month climbing trip, there better be loads of high paid contracts when i get back. Going to take my laptop and learn a new skillset while away. So have fun working this winter. :-) P.
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    Long Term Time Off

    Yeh, that is one main concern is CV gap, but i was honest and said i was abroad doing my thing, this time I am developing a DNN site while away for a company for peanuts, this way I have something to show my next gig together with keeping my skills fresh. but even after having gaps in the past...
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    Long Term Time Off

    I know i will have to do my VAT returns and pay them quarterly, just want to make sure the administration runs smoothly with no suprises when i get back. I will have internet access to run the business, but i will be far away if anything serious I may have missed.
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    Long Term Time Off

    Hi, I usually take 3 months off each year to pursue my sport abroad, I have never usually had any problems getting a new contract when i get back, as a limited company i continue to have my salary paid into my personal account monthly. This year I plan on taking 6 months off due to this...

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