Originally posted by WordIsBond
View Post
- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
- 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!
Collapse
You are not logged in or you do not have permission to access this page. This could be due to one of several reasons:
- You are not logged in. If you are already registered, fill in the form below to log in, or follow the "Sign Up" link to register a new account.
- You may not have sufficient privileges to access this page. Are you trying to edit someone else's post, access administrative features or some other privileged system?
- If you are trying to post, the administrator may have disabled your account, or it may be awaiting activation.
Logging in...
Previously on "Partner running limited company and being director."
Collapse
-
-
Originally posted by malvolio View PostThe other issue is that of shadow directorship: the OP can't be a director, the director(s) control the company, the director(s) cannot be instructed by non-directors.
If the two of them can't agree together on the business decisions of a one-man contracting business, they've got bigger issues in their relationship and the thing will blow up on its own.
Leave a comment:
-
Originally posted by TheCyclingProgrammer View PostLegally there's nothing really stopping you. The main things to consider are what everyone else has mentioned so far - you may find yourself restricted on finding work through agencies.
Best option is to go through an umbrella, sadly.
Leave a comment:
-
If you are planning on using a LTD to extract the cash in the most efficient method possible there are certain cases where this setup probably won't actually work very well. It will come down to details of your wife's working situation and the like so it might make more sense just to go through an Umbrella company. Less hassle and could help with the gigs where you have to be 100% shareholder etc.
Leave a comment:
-
Legally there's nothing really stopping you. The main things to consider are what everyone else has mentioned so far - you may find yourself restricted on finding work through agencies.
Leave a comment:
-
Via agent, although agent only acting on payment intermediary. Only thing on boarding is health and safety.
Leave a comment:
-
Might be worth checking out the umbrella option in the short term.
Leave a comment:
-
Going to provide design consultancy services for an Engineering company.
Leave a comment:
-
I was about to say I have never had a credit check for contract, but I did once as part of mod sc clearance. Not planning on ever working for government again.
Leave a comment:
-
Originally posted by BrilloPad View PostCertain sectors will not let you work in them again.
Finance and defence for a start.
He's not going to be able to work for ant agent that is looking for him being a major shareholder. Been a few posts about this but I don't know how widespread it is or if it's going to get worse.
Won't a bankruptcy show up on even a basic credit check? Finance and defense will be an absolute no no but won't it all also be bad news for any gig that does a basic check. What will they do? What's the point if they do a credit check and it comes back showing massive debts and a bankruptcy and they don't do anything about it?
Leave a comment:
-
Originally posted by BrilloPad View PostCertain sectors will not let you work in them again.
Finance and defence for a start.
Leave a comment:
-
Originally posted by whitelined View PostI was told by ip practitioner that best I go bankrupt with debt load, and start new company with partner's as director, and running business. It was mentioned like a thing that happens a lot, but not sure on it.
Finance and defence for a start.
Leave a comment:
-
I was told by ip practitioner that best I go bankrupt with debt load, and start new company with partner's as director, and running business. It was mentioned like a thing that happens a lot, but not sure on it.
Leave a comment:
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers
Contractor Services
CUK News
- Streamline Your Retirement with iSIPP: A Solution for Contractor Pensions Sep 1 09:13
- Making the most of pension lump sums: overview for contractors Sep 1 08:36
- Umbrella company tribunal cases are opening up; are your wages subject to unlawful deductions, too? Aug 31 08:38
- Contractors, relabelling 'labour' as 'services' to appear 'fully contracted out' won't dupe IR35 inspectors Aug 31 08:30
- How often does HMRC check tax returns? Aug 30 08:27
- Work-life balance as an IT contractor: 5 top tips from a tech recruiter Aug 30 08:20
- Autumn Statement 2023 tipped to prioritise mental health, in a boost for UK workplaces Aug 29 08:33
- Final reminder for contractors to respond to the umbrella consultation (closing today) Aug 29 08:09
- Top 5 most in demand cyber security contract roles Aug 25 08:38
- Changes to the right to request flexible working are incoming, but how will contractors be affected? Aug 24 08:25
Leave a comment: