Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
As I clarified, I have nothing to hide and I (given my debut year) only want to know if the practice is standard.
I thought that having submitted all the legitimate invoices, receipts, expense vouchers etc. in scanned form to the accountant, bank account statement was a redundant requirement.
I am in the process of finalising my annual business and personal tax returns (for my limited liability company which provides consulting service on contract basis). I have passed all the details (complete with vouchers, invoices etc.) to my accountant to finalise the accounts. Despite having...
My new limited company hasn't yet invoiced its client; my business banking account has no balance yet. However, the company needs to pay the monthly insurance fees etc. as standing order from this business bank account.
Can I, the director, lend the money to the company by simple online...
I have no intention of providing out-of-hour support nor have I been asked to do so. Only possible use may be enable mail access.
In general, is client-paid "perk" a no-no for consultant (from IR35 perspective)?
A blackberry arrived on my desk on my first day at work and I was provided the password etc. I inquired from the admin about who picks the tab and I was told that the client would take care of all BB bills. I neither asked for one nor have they insisted on me having one. It was matter-of-factly...
I have recently set up a limited company to provide my service on contract basis. I have a quick query on IR35 aspect.
The client, which has offered me/my company a 6-month contract, has provided me with a BlackBerry whose monthly expenses, I understand, will be covered by the client. I...
Much appreciated. I have had chat with accountants on this and I wanted to bounce this idea with others out here to get a feel of boundaries (that shouldn't be pushed). It's always useful to hear different opinions before trusting a newly appointed accountant!
I understand that there's near...
Many thanks for all your responses. It appears that playing safe is the best recommended option.
I accidentally duplicated the posts here:
http://forums.contractoruk.com/accounting-legal/83760-optimal-shareholding-split-spouse.html
Apologies!
---
Currently I can provide evidence for my...
Thanks for pointing it out. I didn't mean to duplicate threads.
I checked in the morning and couldn't find the last thread that I had posted yesterday and I thought the last thread was lost (due to technical glitch or my unapproved newbie status).
Apologies!
I'm in the process of setting a limited company to start working as a contractor. I'm planning to set my wife (who is not working) as a shareholder. I have briefly browsed all the issues surrounding the spouse as shareholder and have also gone through the summary of Arctic case. I understand...
I am in the process of setting up a new limited company. I am planning to set my wife (who is not working) as a shareholder.
I have briefly browsed various threads and have read the Arctic case summary. I understand that the most common practice is 50:50 ordinary share split with spouse.
I...