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Recent content by rickom

  1. R

    Closing Ltd company

    Right folks, time to call it a night. I've kept it dormant and after loads of reading up , i feel it is best to draw whatever is in the chest via ER. I had a parting query. What documents do you guys recommend i keep handy before i pull the plug. Currently , i have all my P60's , Annual filed...
  2. R

    [Advise] Closing ltd co thread..

    It actually has been sitting steady since August last year , took a break.. landed one in Feb. I do pay about 60 odd quid to the accountant to keep it running.
  3. R

    [Advise] Closing ltd co thread..

    Hello! I wanted some advice regarding closing the limited company I get a standoffish feeling from my accountant , so wanted to verify a few things. So my situation is as , i have about 50K pot in the company bank account. In Feb , I've moved to a permanent position. Hopefully in a couple of...
  4. R

    Agency worker regulations

    Hello! I have been trying to understand what AWR is and how does this affect me. From the article here; The legislation will give temporary agency workers the same basic rights, after 12 weeks in the same assignment, as those on permanent contracts of employment in a comparable role. Which...
  5. R

    Umbrella rejecting claims

    Cheers for the shoulder guys! :D That's great, I'll have a word with my accountant and see if I could pass a tax claim on that.
  6. R

    Umbrella rejecting claims

    Agreed. I am not trying to cut any corners. I unfortunately cannot reply "Yes" as they have now categorically asked me not to.Legal implications if any are the last I am looking for while making an exit. The reason I feel mugged, is it is a part of their "routine" ( I can't say policy) ; to...
  7. R

    Umbrella rejecting claims

    Had a word with them, they are not budging & citing it is part of their policy. Why is it that all companies treat you like tulips once you hand in your papers. This is Giant umbrella we are talking about. The question i am caught under is : Do you expect that this temporary assignment will...
  8. R

    Umbrella rejecting claims

    Hi, 1) Yes,been about 4 months there, i have another 6 months extension 2) Yep, single client location 3) I am not too sure, I'd rather contract over there. ( Does this make a difference any way?) Cheers!
  9. R

    Umbrella rejecting claims

    Hello all, I decided to take the plunge and start a limited. Informed my umbrella that I'll be not using their services any more. I had yet to claim a previous months expense when I had called them up regarding this and for December (current month). The umbrella is now suggesting I cannot claim...
  10. R

    Limited company queries

    Cheers mate! I just have to bite this one :D Why is it not advisable to pass your address/personal details to HMRC? If there is a problem in any which case, the lads will follow the bread-crumbs to my door step right? You do make a good point about the landlord. I did not think in that...
  11. R

    Limited company queries

    Hello All, Finally taking a plunge and starting my own ltd co. I wanted a few clarifications on the below.. 1) Since i am renting at the moment, I am not to sure if giving my current residential address would be the best thing to do. Can some one please comment how difficult is it to change...
  12. R

    Agencies with IoM solutions...

    I am currently contracting via an umbrella.. I have come across a few folks who are actually using a solution which has something to do with a trust in IoM. The details read something like ... This results in well a very large tax saving solution. Under the solution, you supply your services to...
  13. R

    Going Limited

    Are you referring to the idea of starting a limited and registering this limited for a VAT exemption ? I am unfortunately not well-versed with the tax structure. I would definitely need guidance on this ; which is where i am assuming the contractor-accountant would come in. So if i understand...
  14. R

    Going Limited

    Cheers mate! I am not sure i understand VAT is another issue to consider Is this relevant to the fees paid out to the consultants or in any way related to my pay ?
  15. R

    Going Limited

    Hello All, I recently started my first contract about 2 weeks ago. Given everything flew at the speed of light , it "felt" right to start under an umbrella.So i am with an umbrella at the moment. I am currently pulling 250 quid a day for my contract & would like an opinion if going limited is...
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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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