I have been told by my accountants, that costs to close my company, as as detailed:
We can complete the closure process once you have decided on the closure date (shorten the 2021 financial year). As your company reserves are above £25k, we will follow the liquidation process which is...
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Accountancy fees for Ltd closure
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Do I need an accountant if I'm taking a break? Advice needed
Hello
i'm a newbie to the contracting world and need some advice on accounting matter please.
Contract started : April 2018
Contract ends: end of June 2019
Company year end accounting date: end April 2019
I've been with a local small accountancy... -
Limited company valuation to buy shares off of partner
Last year I have gifted 26 shares to my partner at £1 a share. We wish to transfer ownership of 11 of those shares back to me. My accountants say, that even if these are gifted, we would need to have the company valued to work out applicable capital gains on those shares. I understand the law with... -
Accountant Issued incorrect payment
Hello All,
Wondering if you can help me with some advice on the below situation -
My accountant issued me with a CT rebate refund (large amount) in February of this year. I deposited the cash into my company account and used the funds for my use. Subsequently, in July,... -
What do you look for when choosing an Accountant?
Hi all, as busy professionals I am wondering what is important to you when choosing an Accountant. Do you prefer use a specialist contractor accountancy firm or a general accountancy firm?
Is personal service important to you? Or do you make your choice based on cost?
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What are the liabilities with umbrella's such as Garraway Ltd.
Hi all:
Long time member, little time poster. I've been sparingly reading the pros & cons of umbrella corps. and see that there are some passionate advocates from both camps. It's great to read both sides. Legally however, I'm still confused as to the liabilities. I've been with them... -
Shareholder split and issues with accountancy firm
Hi All,
Been with the same accountancy since started contracting – till now thought of receiving decent services but increasingly am finding myself in need of a change. Apologies for the long winded post but the issue (I believe) is complex and requires some explanation.
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Looking for Freeagent/Xero/SageOne users as beta-testers for late-payment app
Back in 2007, Freeagent recruited beta testers here for their now very successful accounting software.
6 years later, I'm here having bit an app that integrates with Freeagent (as well as Xero and SageOne) and I'm also looking for some willing users to help me beta-test a system to tackle... -
Is anyone using the same ltd company for App Store trading and contracting?
Dear Contractors,
Just wondering if anyone uses the same ltd company for contracting and selling their apps on App Store, Google Play, Kindle Store?
If yes how does that affect the accounts?
Any other problems, issues or disadvantages?
Cheers! -
Cost and effort of operating a Limited Company?
If I start a limited company. What is roughly the minimum cost and effort in fulfilling my legal obligations (accounting etc.) pr year?
Say I just have a few invoices (possibly international) and no expenses and no VAT.
What if I do VAT?
Can I do everything from my... -
Contract ended, accountancy options?
Hey all,
I have recently ended a contract part way through my financial year. I have been operating as a VAT registered Limited company (IR35 compliant) and only drawn the dividends so I'm not too concerned about paying any VAT or CT due (assuming my accountants have gotten their sums...
