Reply to: Ltd Co or umbrella Co for newbie contractor

[holsson]

My main concern seems to be IR35. Is that something that an accountant can directly assist with or is it the individuals responsibility?

Qdos consulting have a freelance club, that's just £25 +VAT per year, and then you can send in up to 3 contracts per year for IR35 assessment. You'll only get a Fail or a Pass result though, if you want more details you'll have to pay more.

[WageSlave]

Actually, I reckon she could give quite good head. There's something a little dirty about that look.

Chr1st, what am I saying... get a grip, man!

No, she gets the grip...

[~Craig~]

always the quiet ones!

[hyperD]

Actually, I reckon she could give quite good head. There's something a little dirty about that look.

Chr1st, what am I saying... get a grip, man!

[DimPrawn]

My main concern seems to be IR35. Is that something that an accountant can directly assist with or is it the individuals responsibility?

If you have any concerns over IR35 I would suggest you contact this bright young lady.



IR35 only affects tax dodgers and all legitimate businesses remain unaffected, so there is nothing to fear. Just remember to tick the New Lie box at the next election to be sure.

HTH.

DimPrawn.

[Darren@UptonAccountants]

My main concern seems to be IR35. Is that something that an accountant can directly assist with or is it the individuals responsibility?

Thanks for the kind words Holsson.

We tend to recommend speaking to Qdosconsulting.co.uk to read over the contract for IR35.

[Hiram King Of Tyre]

My main concern seems to be IR35. Is that something that an accountant can directly assist with or is it the individuals responsibility?

[holsson]

1st Accountancy

From my first weeks experience I'd recommend Darren. I just started contracting a few weeks ago and I've asked quite a lot of questions that have all been answered quickly (the slowest email response has been a few hours) with good explanations.
Can't compare it with any other accountants since I've never used any before, but I'm happy at least.

--
ho

[Darren@UptonAccountants]

Accounts

I haven't even thought about accounts yet. What would a contractor expect to pay an accountant?

You can pay anything from £55 + vat per month (i.e. us). I've seen people move to us having paid £2k the previous year!!

[Rebecca Loos]

You ask too many questions, Hiram. Just sign here and we'll tell you later. Be a good boy.

[Hiram King Of Tyre]

I haven't even thought about accounts yet. What would a contractor expect to pay an accountant?

[The Late, Great JC]

He's "busy" tomorrow. I just got hold of him. He reckons that he can get me set up by Monday.

If you want to keep a couple of degrees of separation between yourself and your friend it might be better to use a different accountant, one who specialises in contractors. Why not give Darren a shout?

[Hiram King Of Tyre]

He's "busy" tomorrow. I just got hold of him. He reckons that he can get me set up by Monday.

[Darren@UptonAccountants]

Ltd Company

OK, why?

Should I just put complete trust in my friend? He says that he can set me up (pardon the pun) for about £180. He said that you can get it cheaper on the internet but he would do everything (whatever that means) for that. Will I need/should I register for VAT?

The agency suggest that I start with a management company and then change over....

Why not use a firm of accountants that can supply you with a limited company free of charge as part of the accountancy package!

A limited company can be set up in less than 24 hours, for example, we put one through this morning, came back from Companies House just after lunch!

As for VAT, if you're turnover is greater than £58k then you must register for VAT...if not, it still may be beneficial to be registered. Any queries, drop me an email (details within my profile).

[The Late, Great JC]

I would if I could get hold of him!

Well, the summer is over and "the season" has begun again! Well it has in our neck of the woods. Perhaps he's *busy*.