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  1. Replies
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    858

    You’ve got it all backwards.... They’re not...

    You’ve got it all backwards....

    They’re not skimming as has been pointed out repeatedly.

    And renewal time is the correct time for them to reduce their margin as their work has been done. The...
  2. 2020 has been a bad year for that sort of thing.

    2020 has been a bad year for that sort of thing.
  3. Yes that is a lot of reading. 2.5% isn’t that...

    Yes that is a lot of reading.

    2.5% isn’t that bad though when it’s going to a company I own.
  4. Does the company have to have retained profits to loan money?

    Is there such a thing?

    Maybe it’s me being cynical but I would have thought any company loan to a controlling individual would be classed as a director loan regardless of the terms.
    It’s credit...
  5. Replies
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    1,388

    Great skills. Look after those fivers... bet you...

    Great skills. Look after those fivers... bet you wish you’d asked for £525.
  6. Replies
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    858

    Hahaha. That’s not meant to be a serious...

    Hahaha.
    That’s not meant to be a serious suggestion is it? No trolling in the professional forums...
  7. Replies
    8
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    293

    There seems to be a few people suggesting that...

    There seems to be a few people suggesting that it’s OK to break the rules as long as you tell HMRC and pay the tax difference.
    Whilst this may work, I’m not sure it’s a wise strategy.
    I’m also not...
  8. Yes you can. You become a debtor so the company...

    Yes you can.
    You become a debtor so the company has that £9k on the books still.
  9. Replies
    11
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    296

    April.

    April.
  10. Replies
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    1,081,112

    That suggests that most UK resource just isn’t...

    That suggests that most UK resource just isn’t very good then.
    I’ve never felt threatened by offshoring because I offer value for money that is not available offshore (I’ve no idea why it’s not but...
  11. a clause to transfer a statutory obligation is...

    a clause to transfer a statutory obligation is almost certainly not going to hold up in court.
    If they issue an SDS with an outside determination, and an outside contract, and you stick to the terms...
  12. now you're just being rude. You have received...

    now you're just being rude.

    You have received nothing but good advice. It has been delivered bluntly, and the more foolish you became the blunter the advice became. So what!

    If we treated you...
  13. Replies
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    461

    Surely that's dependant on the accountant? I...

    Surely that's dependant on the accountant?
    I mean it's not grant income, but your accountant has simply identified it a useful place to put it.
    My accountant might say put as interest received with...
  14. Replies
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    644

    twas ever thus. Nothing new here. Insource,...

    twas ever thus.

    Nothing new here. Insource, outsource, offshore, bestshore. Every CIO needs a big thing to do before he goes to balls up the next company.
    Right now it's cloud. the best bet for...
  15. for it to be understood to be in jest there needs...

    for it to be understood to be in jest there needs to be some credibility earned. At the moment your credibility is pretty low so stupid ideas look like stupid ideas rather than jokes.

    As for...
  16. Replies
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    461

    It's a grey area if it's personal banking. It's...

    It's a grey area if it's personal banking.
    It's not at all grey as it's company money.
    If you put company money on a football match and win the winnings are profit and therefiore subject to...
  17. Replies
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    461

    it's not income as it's not yours. Its your...

    it's not income as it's not yours.
    Its your company's. It's revenue but not VATable.
  18. Replies
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    411

    are you planning on making a loss next year or...

    are you planning on making a loss next year or something?
  19. Exhibit A..... Exhibit B... (well spotted...

    Exhibit A.....



    Exhibit B... (well spotted JB I missed that)
  20. Replies
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    1,306

    I’m not sure you’re right. It would be easy for...

    I’m not sure you’re right.
    It would be easy for a client to simply issue an inside SDS based on known facts and leave the rest up to the contractor.
    The choice to use an umbrella is the...
  21. Really confused now. You have a LTD. You have...

    Really confused now.
    You have a LTD. You have some work. Do the work. Then carry on and liquidate once finished.

    What is your question exactly?
  22. when there is insufficient information it's quite...

    when there is insufficient information it's quite reasonable to try and read into things





    a) yes we know
    b) good as that's what you must do
    c) then what is the point of the question?
  23. if it's as dumb an idea as I think it might be,...

    if it's as dumb an idea as I think it might be, then it has worse problems as the payment will be going to bank account that no longer is owned by the business... So really, really dumb.

    FOpscont
  24. it's definitely clear as fooking mud... Or I'm...

    it's definitely clear as fooking mud... Or I'm really thick.... or both

    do you mean invoice 2 years and one day after the capital distribution?
    One day before makes no sense as what you do before...
  25. Replies
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    Offering??? Really??? Or agents advertising...

    Offering??? Really???
    Or agents advertising these roles?

    There's no offer till there's a piece of paper.
  26. Replies
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    I don't think City's are doomed. But there are...

    I don't think City's are doomed. But there are very few cities in the UK.

    UK's only real city
    London

    Almost proper cities
    Brum
    Leeds
    Manc (*cough* *scum*)
    Cardiff
  27. Replies
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    558

    You need a PM mindset to some degree as you need...

    You need a PM mindset to some degree as you need to understand scope, budget, responsibilities, requirements, commercials.
    In my experience very few techies could manage their way out of a paper bag...
  28. Replies
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    time to invest in Carlisle?

    time to invest in Carlisle?
  29. Replies
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    314

    small tulipty towns at risk of retail...

    small tulipty towns at risk of retail collapse.....

    Must be a slow news day. This has been the case for years.
  30. Replies
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    a 'faulty' 2016 iMac is worth zero though.

    a 'faulty' 2016 iMac is worth zero though.
  31. Replies
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    When did we start saying it's "only as good as...

    When did we start saying it's "only as good as the notice period" as opposed to "the notice period is irrelevant, no work = no pay"?
  32. Replies
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    675

    Whilst probably valued at zero it needs to be...

    Whilst probably valued at zero it needs to be disposed of correctly. If you just sell it and trouser the cash that is theft.
    If you buy it personally and resell it for more then that is fraud as...
  33. Replies
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    Taxman gonna be busy

    Furlough fraud: I'''m still registered as furloughed for a job I quit''' - BBC News
  34. Thread: ☢️ Good news

    by Lance
    Replies
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    443

    an irradiated PC spread all over the land......

    an irradiated PC spread all over the land......
  35. Thread: Brexit benefit

    by Lance
    Replies
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    706

    +1 Brexit bonus. To make a grand total of........

    +1 Brexit bonus.

    To make a grand total of..... 1

    Although you might struggle to enter the country again. and it might not last long.
    These uplands really are sunny.
  36. Thread: ☢️ Good news

    by Lance
    Replies
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    443

    Higher specific impulse is the term you're...

    Higher specific impulse is the term you're looking for.
    It's basically a more efficient rocket as the propellant is moving faster.
    An ion engine has an even greater SI, but again, propellant is...
  37. Thread: ☢️ Good news

    by Lance
    Replies
    22
    Views
    443

    Scott Manley is the man..... I highly recommend...

    Scott Manley is the man.....
    I highly recommend all his videos. And if you have any more interest in space physics and travel get Kerbal Space Program – Create and Manage Your Own Space Program
    ...
  38. Replies
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    you are quite right. It's all about risk and...

    you are quite right. It's all about risk and attitude. For more information on that see here https://www.contractoruk.com/forums/hmrc-scheme-enquiries/

    there's a lot of people throwing the towel...
  39. Replies
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    437

    is it wise to take the money as capital? It...

    is it wise to take the money as capital?
    It means you can't start contracting again in 2 years.

    Given we don't what's going to happen next month never mind the next two years, maybe it would be...
  40. Replies
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    4,282

    2:30 AM??? You shat the bed?

    2:30 AM???

    You shat the bed?
  41. Why not just get them to pay straight into your...

    Why not just get them to pay straight into your personal bank account. Then after two years open up a company with that money as starting capital? that makes as much sense as your suggestion
  42. Thread: ☢️ Good news

    by Lance
    Replies
    22
    Views
    443

    Just one problem with nuclear rockets. You still...

    Just one problem with nuclear rockets. You still need propellant.
    With a chemical rocket the fuel is the propellant. Once the propellant is exhausted you have no more delta-v.
  43. FTFY Really? What do you think? Why...

    FTFY




    Really? What do you think?
    Why would a TAAR rule apply only to the majority shareholder?
  44. Thread: Project Fact

    by Lance
    Replies
    1
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    181

    Project Fact

    no it's not good news


    Subscribe to read | Financial Times
  45. Replies
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    I'll google it for you shall I? Dormant company:...

    I'll google it for you shall I? Dormant company: what must a company do to stay dormant?
  46. Replies
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    995

    monthly bike insurance?

    monthly bike insurance?
  47. makes sense. Wouldn't gifting the shares, just...

    makes sense.

    Wouldn't gifting the shares, just before a capital distribution have other problems though?
    I'm not sure that Arctic systems case covers this.
    And GAAR is very definitely in place...
  48. Replies
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    no law in the land says you can't use the bike....

    no law in the land says you can't use the bike.
    There is arguably a BIK cost, but new rules mean this isn't an issue as long as you bought the bike for mainly business use originally.

    Sign up for...
  49. Replies
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    995

    If you have no accountancy costs then you could...

    If you have no accountancy costs then you could consider de-registering for VAT, and making the company dormant.
    When the bike has devalued entirely then close the company.
  50. Who's told you that your wife cannot claim BADR...

    Who's told you that your wife cannot claim BADR (ER)?
    Are you speaking to an insolvency practitioner about this? And what do they say?
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