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Contractor dividend strategies and administration for limited company contractors
HMRC can deem a dividend as salary and tax it accordingly if the correct paperwork is allowed to lapse, warns James Abbott of Abbott Moore.
�5;time' records, the sooner you'll be compliant James Abbott, Abbott Moore LLP “In the past,�
Category:
Articles: Limited Companies
| Tue, 15 Dec 2009
After the MSC legislation what should contractors do with existing contracts?
In the light of the Managed Service Companies (MSC) legislation in the recent Budget, what options do contractors have open to them with their contracts and what should they do to make sure they are compliant?
�cts and what should they do to make sure they are compliant? The Best Option: Umbrella or Ltd Company? For co� �tions do contractors have open to them with their contracts and what should they do to make sure they are com� �l, then perhaps the biggest issue is IR35 and any contract needs to be checked to see if it is inside or out�
Category:
News
| Thu, 05 Apr 2007
Avoiding IR35
IR35
�n to retain skilled resources, cut costs and keep compliant with the public sector IR35 reforms. The expected� �stakes. Here are the top ten traps to avoid. When contracting for a former employer, you must prove your new re� �ly to you? Learn the evidence to collect during a contract that will bat away the taxman. Where you pay taxe�
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IR35
Taxes
Contractor Doctor Q+A
�eir earnings or to confirm that their business is compliant. Contractors tempted to transfer company shares t� �bott. Do you have to pay employers NI out of your contracting income? The answer is yes or no, depending on IR3�
Category:
Contractor Doctor Q+A
Contractor compliance drives SPA to rebrand with new code of conduct
The former Service Providers Association is now the Freelancer & Contractor Services Association, with a comprehensive new code of conduct.
�is a positive move in the industry becoming more compliant and transparent. It complements other contracting� �e compliant and transparent. It complements other contracting sector initiatives, including the comprehensive u�
Category:
News
| Thu, 08 Apr 2010
Contractor Business Record Checks campaign by HMRC: free online risk assessment tool
Contractors concerned that their business records won’t pass inspection when HMRC starts checking 50,000 firms should use Business Link’s online tool.
�contractor limited companies, create and maintain compliant business records. "Later this year, HMRC will sta�
Category:
News
| Mon, 21 Mar 2011
Oil and gas contractors set to enjoy long-term demand in Scotland
The oil and gas sector in Aberdeen will sustain contractors for a long time to come, according to Derek Kelly of Parasol.
�liabilities, and they can still do this using the compliant solutions we offer. Kelly is bullish about the fu� �ge’ “Aberdeen, which is the centre of oil and gas contracting activity in the UK and arguably Europe, employs a�
Category:
News
| Wed, 01 Apr 2009
Contractors should not be seen as a soft target by an HMRC keen to close the tax gap
Contractors have a part to play in filling the UK’s £35bn tax gap, but the burden should be shared by all taxpayers, including large companies.
�tax revenues. Contractors can prepare by staying compliant through simple measures like good record keeping�
Category:
News
| Wed, 21 Sept 2011
HMRC’s tactic of turning advisers into tax spies could backfire
HMRC’s plans to turn tax advisers into tax avoidance spies could reap unwanted results, generating more non-compliance and more work for the taxman.
�so easily. Forcing tax advisers to identify less compliant clients and force them to surrender themselves to�
Category:
News
| Tue, 17 May 2016
Contractor compliance: is the tax avoidance debate ‘fiddling while Rome burns’?
Contractors routinely take tax planning measures. But is the tax avoidance question, recently debated on AccountancyAge, missing the big picture?
�Contractors routinely take legitimate and compliant tax planning measures which, based on the recent�
Category:
News
| Wed, 23 Jan 2013
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