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Previously on "Where to start?? been using umbrella but now want to go LTD"

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  • Sockpuppet
    replied
    Go speak to a local accountant. Mine does £600+vat a year and has the benefit that she's 2 mins walk down the road should I need to sort anything out.

    I have ~3 invoices in a month and ~4 out with payroll I do myself. Even by her own admission I'm not a complex set of accounts.
    Last edited by Sockpuppet; 4 March 2011, 15:08.

    Leave a comment:


  • Steven@Parasol
    replied
    I work for one so I am bias but....

    It is always worth speaking to a specialist contractor accountant.

    Costs will vary so the important thing is to work out exactly what level of support you need and compare like for like.
    Last edited by Contractor UK; 25 May 2021, 22:07.

    Leave a comment:


  • yorkshireman
    replied
    Originally posted by diaz101 View Post
    Hi,

    I have had a search for this, but I though it may be better to get some up to date advice, I have just got a new contract and I want to go LTD, I have been offered a package by C***hill K**ght, for £30+VAT week, as a newbie, what would the experienced people recommend to do?
    I would like to maximise my income obviously and not get caught paying too much for basic services that I could do myself.My friend is training to be a management accountant currently, so can do the VAT, but I would really appreciate some help.
    I would like to stay outside of IR35, I have read the details in 10 things to be wary of when signing a consultancy contract :: Contractor UK - Contracting News and Guides and im presuming that if I follow these rules, I "should" be pretty safe.

    Thank you for your time and responses.

    regards

    Talk to a few of the specialist contractor accountants about your specific circumstances re IR35. I am sure any of them would be prepared to provide a free IR35 review of your contract.

    I am with Intouch Accounting and for £75 a month they provide me a really good service. Ask for Craig.

    Leave a comment:


  • Where to start?? been using umbrella but now want to go LTD

    Hi,

    I have had a search for this, but I though it may be better to get some up to date advice, I have just got a new contract and I want to go LTD, I have been offered a package by C***hill K**ght, for £30+VAT week, as a newbie, what would the experienced people recommend to do?
    I would like to maximise my income obviously and not get caught paying too much for basic services that I could do myself.My friend is training to be a management accountant currently, so can do the VAT, but I would really appreciate some help.
    I would like to stay outside of IR35, I have read the details in 10 things to be wary of when signing a consultancy contract :: Contractor UK - Contracting News and Guides and im presuming that if I follow these rules, I "should" be pretty safe.

    Thank you for your time and responses.

    regards
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