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!
File the return asap. Then phone HMRC and explain the situation, depending how overdue it is, they might come to an arrangement with you. But ultimately your responsibility I’m afraid.
Has anyone here had experience contracting in France? Where are international contract roles typically advertised and how has it compared to UK contracting?
Currently contracting in the UK but hold a French passport and speak the language, it has always been an aim to move there at some point...
A PAYE rate is the figure reached once the client has paid employer NIC, so it’s already been marked down and reflective of that deduction that has already taken place.
Because their inside calculator assumes going through an umbrella with the employer NIC and umbrella fee deductions, which isn’t applicable for a direct PAYE rate.
The outside limited calculations assume a basic salary and the rest as dividend withdrawals. CT is deducted. No employer/employee NIC deductions because the salary is under the threshold.
Umbrella rate is a non-starter, the employer NIC deductions alone wipe out a significant chunk. A PAYE rate...
To frame it another way, if you needed to take all the money out of your limited in the same year (eg. for a deposit, investment etc.) and your expenses are very low (no travel or large purchases), what’s the financial advantage of outside limited vs. inside PAYE?
Hi all,
I've fed an Outside IR35 rate into ContractorCalculator's financial profile calculator. I've then taken the same rate as a PAYE rate, multiplied by 220 and entered it into a PAYE calculator. Both monthly figures returned are around the same.
It seems that if you're on an outside IR35...
Cater Allen do a business Euro account with IBAN number and debit card, no fees for receiving funds and it's FSCS deposit protected, not sure you get FSCS protection with Wise. Barclays also do a Euro account.
Quick question about remote working for client in Germany
Apologies if this has already been answered on here before... since Brexit, can a UK Limited company still charge an EU-based client, if you’re working for that client from the UK?
And if you occasionally visit the EU-based client, eg...