Search Results - Contractor UK Bulletin Board

Search:

Type: Posts; User: contractor55

Search: Search took 0.00 seconds.

  1. Replies
    9
    Views
    1,479

    IR 35 and contract duration

    Hi

    Depending on my contract I either change contracts/companies within 18 months or sometimes every 2-3 years. With regards to IR35 which is worst? I know the investigation can start with anything...
  2. If you are one man band and you are not trading...

    If you are one man band and you are not trading on your company name, is it not better to create a new co. and split the shares from day 1, start a new contract with the new co. and then disband the...
  3. I agree with you, what I`m saying it is up to the...

    I agree with you, what I`m saying it is up to the individual, no-one has a definite answer for everything. I don`t claim lunch/ meals as some people do because I think that is taking it a bit far but...
  4. Could we not say the same about everything we own...

    Could we not say the same about everything we own as a LTD- laptops, phone. I have at least 15 or so books I have for work which I need access to. I cannot see why you cannot purchase a "document...
  5. Replies
    5
    Views
    2,115

    Contractor Benefit Trust-CBT

    Obviously it is just another version of EBT, anyone been approached, currently involved, feedback etc

    Thanks
  6. Corp tax- true . My mistake. I use it to reduce...

    Corp tax- true . My mistake.
    I use it to reduce potential any higer tax bracket and provide some savings to my children
  7. The point being a savings plan for my children,...

    The point being a savings plan for my children, rather then come out of my own money , it is via the co ltd so potentially reducing my corp tax and my own tax ?????
  8. Children as shareholders- even if you show you do...

    Children as shareholders- even if you show you do not touch the money e.g they use it as savings ?
  9. Rather than re-allocate your shares so it shows...

    Rather than re-allocate your shares so it shows as a gift, can you not shut down your current company and recreate a new one for the start of your next contract – if you are fortunate enough to be in...
  10. Replies
    31
    Views
    5,532

    With regards to the 2yr rule. if you have been...

    With regards to the 2yr rule. if you have been contracting for 18 months for a Co. and then they offer you another 1 year then as I understand it you should stop the claim at the 18th Month mark as...
  11. Replies
    20
    Views
    3,982

    SueEllen- I do have an accountant and I do use...

    SueEllen- I do have an accountant and I do use him however as the same time I look to use this board to bounce idea`s around before I approach him so I have some background. As in all professions...
  12. Replies
    20
    Views
    3,982

    Incognito- thank you for reply and support ...

    Incognito- thank you for reply and support

    SueEllen- thank you for the link I shall look it up.

    northernladuk-"and ask questions that are mildly offensive to people who have put the effort in...
  13. Replies
    20
    Views
    3,982

    thank you for all your replies. I thought ...

    thank you for all your replies.

    I thought this was a forum to share and help others who may not be a clever as some people think are they. For someone who has been a member since 09 and seems on...
  14. Replies
    15
    Views
    1,806

    If I have to declare the DIV`s at the same time,...

    If I have to declare the DIV`s at the same time, can I withhold the actual payments of two of them until each 1/4. From a HMRC point of view, I would like to keep two DIV`s at per 1/4 so it does not...
  15. Replies
    15
    Views
    1,806

    all 4 x shareholders hold the same type , just...

    all 4 x shareholders hold the same type , just different %
  16. Replies
    20
    Views
    3,982

    I know but I thought the work Director may be...

    I know but I thought the work Director may be extended to shareholder in some circumstances. Does a Company Sec. count as a director with re to Loans?
  17. Replies
    20
    Views
    3,982

    Sorry to jump in . Is a director loan per person?...

    Sorry to jump in . Is a director loan per person? I have 4 x shareholders - of which one is a director and 1 x is the company sec- the other two shareholder do not hold any position. Can my company...
  18. Replies
    15
    Views
    1,806

    Paying out Div`s- Timings

    I have 4x shareholders. I`m happy to pay out 2x of the shareholders per quarter but the other two I want to pay out per month- Can I do this ?
  19. but does that figure 1000 get reduced if you have...

    but does that figure 1000 get reduced if you have two directors ie Parterns - DIV`s spliting , expenses etc.

    I also thought converting from a contractor to Perm then it is double the yearly...
  20. Contracting hourly rate should be a permie salary...

    Contracting hourly rate should be a permie salary / 1000, so if you could expect a permie salary of (say) £20k then your contracting rate should be £20/hour or £140/day for a 7 hour day

    Where does...
  21. Replies
    33
    Views
    25,832

    Hi Does this inlcude if you are on the flat...

    Hi

    Does this inlcude if you are on the flat rate scheme? As I`m on the flat rate scheme I do not claim back any VAT however are you saying if I do a single invoiced purchase above £2k I can claim...
  22. Replies
    8
    Views
    1,744

    Hi I`m aware of how much to pay myself and I...

    Hi

    I`m aware of how much to pay myself and I have an accountant , before I speak to him I`m just trying to get some background info- what do others do . As you mentioned I`m trying to keep under...
  23. Replies
    8
    Views
    1,744

    where to kepp surplus money

    Hi
    I posted a previously thread regarding Warchests which I got some replies on , However the real question was how you "keep" the money in the company. I`ve built up a warchest by max-ing my pay...
  24. Replies
    8
    Views
    3,028

    employing someone via my LTD

    I usually get approached by agency for contracts which I can not do. Has anyone sub-ed out the work i.e you take contract but employed someone else obviously I would need to make sure they do not...
  25. Replies
    36
    Views
    5,700

    WARCHEST- best way to build it up

    From another thread I create regarding when to pay divs. Users have mentioned keeping money back in lean times.

    I`ve created a warchest from my own money- I normally withdraw all my money and any...
  26. Situation pay div`s every 1/4 All...

    Situation

    pay div`s every 1/4



    All invoices have been sent to agency : 3 months worth
    Invoices been paid say 2 months so far due to payment details - 30 days behind
    The amount of...
  27. many thanks to all

    many thanks to all
  28. When can I take divs - Invoice date or payment date

    I previously asked a questioning regarding end of year accounts and giving my accountant the books when the invoices have been sent or waiting till I receive the money and then sending him the...
  29. Replies
    2
    Views
    1,920

    many thanks

    many thanks
  30. Replies
    2
    Views
    1,920

    money invoiced but not paid

    If i have invoiced companies before my year end e.g 2010/11 and have got paid after the end of year i have normally included this in the tax year 2010/11 as part of my account. i then calculate my...
Results 1 to 30 of 30