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Keeping the cash flowing through a contractor limited company
Cash is still very much king and the contractor without money in the bank can come unstuck. The key is keep the cash flowing in the right direction.
�imple systems to keep the cash flowing into their contracting limited company are much less likely to suffer fr� �ure that when they are considering starting a new contract with a new client or agency, they check that thei�
Category: Articles: Limited Companies | Tue, 17 Feb 2009

How contractors should run limited companies
There are a number of issues that contractors should be aware of in running their own limited companies.
�ith your company and expect to walk away from it. Contracting With Your Company There are two main purposes for� �n purposes for your company: the first is to sign contracts with agents or third parties, The second is to ha� �things that people do: borrow money, spend money, contract for services, pay tax, etc. Your personal respons�
Category: Articles: Limited Companies | Mon, 04 Feb 2008

Choosing a company name
Choose something catchy and original but avoid using something too specific.
�vice and guidelines. Think long term When you are contracting the client rarely becomes aware of your company n�
Category: Articles: Limited Companies | Mon, 31 Mar 2008

Processing fees for fellow contractors should be avoided
Tempting though it might seem to help a friend in need, contractors should resist invoicing on behalf of fellow contractors, as it could backfire.
�the colleague is seeking, then they would need a contract with the contractor’s limited company clearly sta�
Category: Articles: Limited Companies | Thu, 02 Oct 2008

Can contractors claim expenses without receipts?
Contractors often ask how much expenses can be claimed and whether these expenses need receipts?
�e wholly and exclusively for the purposes of your contract. Expenses can potentially be claimed if they are�
Category: Articles: Expenses | Tue, 12 Dec 2017

Contractor travel expenses, tax relief and the 24-month rule explained
Contractors can claim travel expenses and benefit from tax relief as long as they stay within the 24-month rule, says Abbott Moore’s James Abbott.
�reset if, for example, a games developer usually contracted with a small number of closely co-located clients� �penses, depending on the type and location of the contract and the time spent working at each client site. E�
Category: Articles: Expenses | Thu, 29 Mar 2018

Contractor Doctor: Should I keep cash in my company or pay off my mortgage?
Contractors should consider their options before deciding to pay-off debts or delay dividends as it may save tax, says Abbott Moore’s James Abbott.
�Dear Contractor Doctor I have been contracting for over two years now and have now amassed a siz�
Category: Articles: Mortgages | Thu, 10 Aug 2017

Contractor mortgages: mortgage products available
There are many contractor mortgage options, but they’re generally not available from high-street lenders
�y. Often branch staff simply don’t understand the contracting sector, and contractors are better off using prov� �ist who deals with lenders that are able to offer contract based underwriting. For a more general round-up o�
Category: Articles: Mortgages | Thu, 17 Aug 2017

Mortgages for contractors: you can get one
Getting a mortgage when contracting does not have to be painful
�rect access to underwriting teams that understand contracting. These underwriters are not accessible to applica� �. So providers use an annualised multiple of your contract rate: if you are earning a certain number of poun�
Category: Articles: Mortgages | Thu, 14 Sept 2017

Contractor Doctor: Can I use my limited company money to offset my mortgage?
Contractors may face a hefty tax bill, and even prosecution, by using company money to offset personal mortgages, warns James Abbott of Abbott Moore.
�e sums in mortgage interest.” Good luck with your contracting! Contractor Doctor�
Category: Articles: Mortgages | Mon, 18 Sept 2017