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Recent content by Shanshan

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    Vat turnover query

    Thanks for all the helpful responses. It is one contract that from november 08 was going to be for a further 6 months working 30 hours per week thus I'd be under the vat threshold. So I deregistered for vat. I am now not on a contract and am simply working the hours required, up to 45 or so...
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    Vat turnover query

    Hi All, I've got a question regarding paying vat and the vat turnover. I started trading as a business in June 08. I registered for Vat immediately as I thought the turnover would exceed £67k. By November, it wasnt going to be the case, so i deregistered at the end of November 08. I intend to...
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    VAT - the new minefield!

    This is copied from HMRC Vat changes Q & A If you are a business that sells mainly to other VAT-registered businesses and have to issue VAT invoices the new rate applies for all VAT invoices that you issue on or after 1 December 2008 …... except for where: 1) You provided goods or services more...
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    Possibly going direct

    Hi all, I'm looking for some helpful advice regarding the above. I will be looking for a new contract shortly. I have read a few threads on the above, but would really like further info. I am an accounting contractor working through a limited company. I am currently working directly with the...
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    Ltd company/IR35 issues

    One additional question I have is regarding what insurance to get. So at this stage: 1) I am the sole employee of a Ltd company that I am 100% shareholder of. 2) I'm a member of PCGplus and thus get some insurance cover there. 3) Currently I have 1 client. Should I get professional indemnity...
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    Limited company - IR35 reviews

    Hi guys, In regards to Limited companys and IR35 reviews: 1) How long have you been working through a limited company? 2) Have you been reviewed in regards to IR35? 3) If you have, in whats years after start up were you reviewed Thanks
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    Ltd company/IR35 issues

    Thanks again for your help. One more question I have is regarding the difference in hourly rate charged. In my view, my moving from PAYE to Ltd provides a saving to the client. I estimate the savings for the client to be 12.67% (30 days annual leave pa forgone), 14% (employer pension...
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    Ltd company/IR35 issues

    Thanks for your help, I'll get in touch with them. Also, any idea of issues that flag reviews with HMRC? I read that Ltd companys get reviewed every 3 years, I assume 3 years, on average, after company setup. Or do they review early on? Thanks again
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    Ltd company/IR35 issues

    Thanks again for your help with this. I am paid per hour. I started working the standard 35 hr week, but then other projects arose which I put myself forward for and got assigned to. This is where the varying hours arose. Since this was the case, I thought I would start working through a...
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    Ltd company/IR35 issues

    I was under PAYE initially. But since then other projects have arisen ie. a second employee who is only working 3 days a week. So I am working on varying projects that have a finite life ie. year end work. I thought this type of work (varying projects with finite life) would be more a...
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    Ltd company/IR35 issues

    Hi there, Thanks for the very quick reply. I have read a fair bit of IR35 and understand broadly how it works. I am simply unsure of the weighting of varying factors. I understand the substitute issue is fairly high on the list, I would not satisfy this requirement. Other issues, working...
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    Ltd company/IR35 issues

    Hi all, I have read through the threads and found it all very informative. I would, however, like further information. My situation. I started working in March on a 6 month contract directly with a client (no agency) under PAYE providing accounting services. I have now setup a Limited company...
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    Contract position

    Hi, I am currently working as a temp through an agency. My contract with the agency finishes in a few weeks. I have been approached by my employer to apply for another role within the company. Note that the position is in a different department and is a contract position as opposed to a...
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    Annual Leave payout

    Hi, I was working through an agency during 2006. I was paid for the hours I worked only. Is there an entitlement for annual leave? given that it was during 2006 Any advice would be great Thanks Shan
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    Sanzar Partnership? New IOM company

    So as a conclusion, would you advise people to enter or not enter the IOM Sanzar partnership arrangement?

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