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Recent content by someguy1
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question about transferring assets before closing company
I'm just about to send in form DS01 [1] to close a company down but before doing so I wanted to know if there was any paperwork which is needed for transferring physical assets like a laptop etc from the company into my personal possesion? It's only the one computer and it's not worth much but...- someguy1
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- assets closing business closing limited company
- Replies: 1
- Forum: Accounting / Legal
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is my accountant correct about sub contracting work not being claimable?
I wish it wasn't, but I'm 99% convinved thats its covered by IR35, they just fairly liberal with a small portion being outsourced- someguy1
- Post #3
- Forum: Accounting / Legal
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is my accountant correct about sub contracting work not being claimable?
I have an ir35 contract which id like to sub contract some smaller pieces of work out when it gets busy. I asked my accountant if this was a claimable expense and they said if I was to pay someone to do some of my work, then it would be a non qualifying expense and would come out of the 5%...- someguy1
- Thread
- accountant expenses subcontract
- Replies: 12
- Forum: Accounting / Legal
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USA inclusive professional indeminity and public liability
Hi I work from home in the UK but my employer is american and the contract is governed by law in the US. From what I've heard most typical proffessional indemnity insurances don't cover this (and I assume public liability as well) Can anyone recommend a proffessional indemnity and public...- someguy1
- Thread
- professional indemenity public liability usa
- Replies: 1
- Forum: Accounting / Legal
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new contract with revenue split, how should it be worked out?
Thanks that's a good point about the difference between value of sales and profits Also glad you mentioned payment terms, I would've missed that one, doh! As for the end of contract, well ideally the revenue split should be for as long as humanly possible :D but the support work I'm not too...- someguy1
- Post #3
- Forum: Business / Contracts
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new contract with revenue split, how should it be worked out?
Hi I'm just about to leave my full time job for a new contract job with another company but I've arranged (in theory at least) with my old employer to provide a minimal amount of hours a week support along with some proceeds from the revenue of the product that I helped produce. I'm...- someguy1
- Thread
- contract revenue split
- Replies: 5
- Forum: Business / Contracts
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accountant charging minimum fee of 1140 plus VAT for 5 months work
Thanks everyone for your replies, its good to know that there are accountants who don't do this- someguy1
- Post #6
- Forum: Accounting / Legal
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accountant charging minimum fee of 1140 plus VAT for 5 months work
Hi I'm new to the contracting game but I'm just about to sign up with an accountant for the following * company year end accounts * tax computations and returns * payroll and paye returns * vat returns (although in my case they're wont be any) * directors personal tax return They charge £95...- someguy1
- Thread
- accountant fees
- Replies: 9
- Forum: Accounting / Legal
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UK contractor working in UK for US based company : advice needed
"On a brighter note, I have no idea why your UK income should be considered taxable in the US." That is good news :) Thanks for the advice- someguy1
- Post #6
- Forum: Accounting / Legal
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UK contractor working in UK for US based company : advice needed
Thanks for the response I'm a bit wary about the whole IR35 thing, being a newb to all this I don't want to do any fancy messing about with that area just yet. I heard somewhere that the government are supposed to be making the IR35 thing a lot clearer to navigate sometime early next year so...- someguy1
- Post #3
- Forum: Accounting / Legal
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Professional Indemenity insurance which covers USA recomendations
Hi I'm looking around for professional indemenity insurance which covers the USA as my client is based there although I'm working from home in the UK. Anyone recommend anyone?- someguy1
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- insurance professional indemenity
- Replies: 0
- Forum: Accounting / Legal
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UK contractor working in UK for US based company : advice needed
Hi I'm a first time contractor and about to sign a contract to work for from home (UK) for a US based firm. Looking around on t'internet a bit it looks like I'll fall inside of IR35 so is my only option to use a umbrella company or are there any other alternatives? Plus I've read that I may...- someguy1
- Thread
- remote working tax umbrella usa
- Replies: 12
- Forum: Accounting / Legal
