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Counting the true cost of a contractor accountant
Derek Kelly of ClearSky Accounting explains how contractors can use a checklist to spot the hidden costs in advertised contractor accountant fees.
�off outsourcing everything and focusing on their contracting business, as attempting to save money by doing th� �ost small businesses don’t have to factor in IR35 contract reviews , and because their income and cost base�
Category:
Articles: Limited Companies
| Thu, 11 Feb 2010
Closing a contractor limited company tax efficiently using ESC C16
Contractors can dissolve their contractor limited company, taking the remaining funds tax efficiently using ESC C16, says Abbott Moore’s James Abbott
�might be planning to take a long break from their contracting career, are retiring or just taking up a permanen�
Category:
Articles: Limited Companies
| Mon, 15 Feb 2010
Contractors and the rise of the online contractor accountant
Online contractor accountants are driving a paradigm shift in the way that contractors can record and manage their bookkeeping, accounts and tax.
�an take complete control of every aspect of their contracting business in real time by using an online accounta�
Category:
Articles: Limited Companies
| Thu, 04 Mar 2010
What contractors need to know about investing through their contractor ltd company
Contractors can build up large sums in their limited company, but James Abbott of Abbott Moore warns that investing this cash can mean higher taxes.
�Contractors enjoying a stream of lucrative contracts can easily find large cash balances building up i�
Category:
Articles: Limited Companies
| Wed, 10 Mar 2010
Tax issues for contractors who save large sums of money in their limited companies
Abbott Moore’s James Abbott explains why building up a large cash balance in a contractor limited company can end up costing contractors more tax.
�aditionally considered one of the benefits of the contracting lifestyle to be periods of high earnings interspe� �ctors is to decide to work non-stop on high value contracts for five years and pay themselves tax efficiently� �find work, but are clearly and actively seeking a contract on behalf of the company, then they can live off�
Category:
Articles: Limited Companies
| Tue, 30 Mar 2010
How to set up and incorporate a contractor limited company online
Contractors choosing a limited company as their trading option can quickly and cost effectively incorporate online, using a range of options.
�Contractors who have just won their first contract, or are switching from an umbrella company or oth�
Category:
Articles: Limited Companies
| Wed, 07 Apr 2010
Online contractor accountant services: why they aren’t simply web-based spreadsheets
Crunch MD Darren Fell explains how online accountants are innovating and adapting to meet head-on the concerns and increasing needs of contractors.
�in ever-increasing numbers, starting with the IT contracting boom of the 1980s, there was the slow realisation�
Category:
News
| Thu, 15 Apr 2010
Contractors who take long breaks between contracts should be aware of likely pitfalls
For many limited company contractors, taking long breaks is part of their reason for contracting, but James Abbott warns there can be pitfalls.
�Contractors can take long breaks away from their contracting for many reasons – everything from taking an exte� �, to returning to permanent work for a spell when contracts are thin on the ground. This freedom to take time� �of training courses and short breaks in-between a contract, with ongoing monitoring of emails and calls to a�
Category:
Articles: Limited Companies
| Thu, 27 May 2010
Contractor guide to charging VAT to overseas, non-UK clients
For most contractors whether or not they should charge VAT for overseas non-UK business clients is straightforward, explains Steve Crouch from Crunch.
�Contractors who run their contracting business via a VAT-registered contractor limited� �les follow the General Rules.” Contractors with a contract to work for a non-UK client but who work via a UK�
Category:
Articles: Limited Companies
| Thu, 01 Jul 2010
Closing down your contracting limited company
Discusses the steps to close down your limited company
�nking about returning back to permanent work from contracting , or perhaps moving from a limited company to an� �ella companies. If you are dipping in and out the contract market then the umbrella option is probably a bet�
Category:
Articles: Limited Companies
| Mon, 11 Oct 2010
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