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View Full Version : Advice on Limited Companies - accountants, etc



aussie-fella
26th July 2006, 10:12
Hi everyone.

This is my first time posting at the site, but I've already found it to be very informative, just reading it over the past few days.

I've just got a new job here in the UK (Australian who recently arrived in London). Because of my Visa, the employer wants me to become a contractor.

I have been told that the most cost effective way for me to do this is through a Limited Company.

When I arrived, I signed up with 1st Contact for a Limited Company. However, they will charge me 5% from my pay each week to manage it. It seems like far too much money to me, and I've decided not to go through them. (The company is lying dormant with them - not sure if that will have an impact on things).

I've been trying to find an accountant/company that offers a fixed price management fee and that is reputable. It's hard not knowing the financial system and I don't really know where to seek advice.

So that's why I'm posting here! Would love help from anyone who could recommend someone who is competitively priced and reputable to deal with.

I don't want to pay a percentage-based fee so am only interested in looking at fixed fees.

I saw something about K&B Accountants, but have also read some unflattering posts about them.

Any help would be greatly appreciated. I am starting my new work next week, so want to try and get the ball rolling ASAP.

Cheers.

andy
26th July 2006, 10:18
You have come to the right place mate
People are really helpful here especially the monkeys

Lucifer Box
26th July 2006, 10:21
The usual recommendations of this board, which you will have seen if you have perused it, are: SJD, 1st Accountancy, and Nixon Williams.

Any of those will sort you out. The first two regularly post here and will, I'm sure, make their presence known in this thread shortly.

aussie-fella
26th July 2006, 10:32
Great! Well that's a good start. Thanks guys!

Any idea what I should be looking to pay for a monthly managed limited company? I was thinking nothing over £70...

Also, does anyone know if I will have problems because I've opened a Limited Co with 1st Contact, but don't want to go through them?

simondolan
26th July 2006, 10:33
The usual recommendations of this board, which you will have seen if you have perused it, are: SJD, 1st Accountancy, and Nixon Williams.

Any of those will sort you out. The first two regularly post here and will, I'm sure, make their presence known in this thread shortly.

et voila :wave:

Happy to help - you can mail me at simonatsjdaccountancy.com

ratewhore
26th July 2006, 10:41
5%

:rollin:

aussie-fella
26th July 2006, 12:38
Exactly my reaction!! Sad thing is, an awful lot of Australians in my situation would probably get stuck with that deal. That company must make a fortune off unsuspecting foreigners!!!

AtW
26th July 2006, 12:41
1st Accountancy

Certainly recommended, see their site: http://www.1staccountancy.biz/