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Contractor Doctor: Can I give my spouse a company car with no ‘benefit in kind’ due?
Contractors using P11D exemptions for low-paid staff to avoid BIK tax on a spouse’s company car will get caught, says Aboott Moore’s James Abbott.
�nt Abbott Moore LLP . “It is a common pitfall for contracting business owners to assume that, just because they�
Category: Articles: Contractor Doctor Q+A | Mon, 08 Aug 2011

Contractor Doctor: Can my agency charge a £5,000 penalty for early termination?
Contractors with a penalty clause in their contracts should check to ensure that it is legal under English law, explains Roger Sinclair of Egos.
�t may well be unenforceable.” Good luck with your contracting! Contractor Doctor� �ontractor Doctor, I’m four years into a five-year contract with a UK agency. I’ve recently been offered a ne�
Category: Articles: Contractor Doctor Q+A | Wed, 24 Aug 2011

Contractor Doctor: Can I sell personal assets to my limited company?
Contractors starting a new contracting career and incorporating a company can sell personal assets to their business, says Abbott Moore’s James Abbott
�bought six months ago before I’d even considered contracting as a career choice. Because I hardly use my lapto� �ear Contractor Doctor, I’ve just started my first contract as an interim project manager for my first client�
Category: Articles: Contractor Doctor Q+A | Mon, 19 Sept 2011

Contractor Doctor: Can I hire a company car for a single contract?
Contractors hiring a company car for the duration of a single contract will encounter HMRC’s tough tax rules, explains Abbott Moore’ James Abbott.
�ncially advantageous option.” Good luck with your contracting! Contractor Doctor� �Dear Contractor Doctor, I’ve just won a six-month contract with a new client, but it is based in the middle�
Category: Articles: Contractor Doctor Q+A | Wed, 28 Sept 2011

Contractor Doctor: Do I need an employment contract with my limited company?
The implications of employment contracts for limited company contractors are explained by Lawspeed’s Theresa Mimnagh and Abott Moore’s James Abbott.
�eveloping their contractor business beyond purely contracting, in certain circumstances an employment contract� �ficial. What employment law says about employment contracts According to Mimnagh, whilst employment status is� �or for nine years. I have never had an employment contract with my own company, but recently, one of the oth�
Category: Articles: Contractor Doctor Q+A | Fri, 14 Oct 2011

Contractor Doctor: Can I still claim for childcare costs through my limited company?
Contractors can still claim childcare costs via their limited company despite changes introduced in the 2011 Budget, says Abbott Moore’s James Abbott.
�by HMRC as employment income. Good luck with your contracting! Contractor Doctor� �a my own limited company. I’ve just secured a new contract after taking a year out on maternity leave to tak�
Category: Articles: Contractor Doctor Q+A | Sat, 22 Oct 2011

Contractor Doctor: Can my client refuse to pay me on the basis they’ve not been paid?
Contractors shouldn’t have to wait for payment until their client has been paid, unless the contract expressly says so, says Roger Sinclair of Egos.
�the contract would remove this major advantage of contracting via an agency. If a contract has no ‘pay when pai� �ompany is concerned, he cannot opt out.” Consider contracts with friends carefully before putting the friends� �ays: “Unless there is an express provision in the contract that states the contractor will only be paid when�
Category: Articles: Contractor Doctor Q+A | Sat, 22 Oct 2011

Contractor Doctor: Am I allowed to use other agencies?
Contractors can not only use other agencies, but should do so to generate an ongoing stream of contracts for well paid and interesting assignments.
�t adopt this contractor mindset , otherwise their contracting careers will be short, or at least far less profi� �s told by the agency that they will look for more contracts for me once the contract ends. But can they stop� �tractor Doctor, I’m coming to the end of my first contract since starting out as an IT contractor six months�
Category: Articles: Contractor Doctor Q+A | Tue, 01 Nov 2011

Contractor Doctor: What hardcopy paperwork must I keep for my limited company?
Contractors can keep most business records electronically, but there are documents that must be kept as hardcopies, says inniAccounts’ Matt Poyser.
�ier and faster,” adds Poyser. Good luck with your contracting! Contractor Doctor� �ts or documents generated by the company, such as contracts and agreements Signed corporation tax returns and�
Category: Articles: Contractor Doctor Q+A | Tue, 01 Nov 2011

Contractor Doctor: Can I run my contracting business through two different companies?
Contractors can trade through two different limited companies but there are tax, cost & commercial implications explains Abbott Moore’s James Abbott.
�ed limited company for this purpose. Can I run my contracting business through two different companies? Thanks� �xplains: “A contractor who might have, say, three contracts in a financial year – two with software houses an� �five years, trading via my own limited company. A contract has just come up directly with a small bank and b�
Category: Articles: Contractor Doctor Q+A | Tue, 29 Nov 2011