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Contractor guide to Section 1030A distributions (ESC C16) closing a limited company
Contractors can extract cash tax efficiently as capital when closing their limited companies, by using Section1030A distributions (formerly ESC C16).
�rs traditionally applied ESC C16 and closed their contracting business because of retirement or securing long-t�
Category:
Articles: Limited Companies
| Sun, 01 Apr 2012
Contractor limited company formation versus set up and preparing for trade
Contractors wishing to use a limited company can choose between a basic formation service or an existing entity that’s registered and ready to trade.
�tors may require. Using an accountant to set up a contracting business is more expensive, but can include items�
Category:
Articles: Limited Companies
| Fri, 04 May 2012
Choosing an online contractor accountant or accountancy software – checklist download
Contractors can choose the online contractor accountant or accountancy software that suits the needs of their contracting business using this free che
�ct the service that best suits the needs of their contracting business. Online contractor accountancy providers�
Category:
Articles: Limited Companies
| Sun, 13 May 2012
Contracting businesses: growth and exit strategies for contractors
Contractors seeking to grow and exit their contracting business need to plan and implement a strategy.
�when to ask for help. Chances are you’ve already contracted in a team like this at some point in your contrac� �you are seeking to grow and ultimately exit your contracting business, you need to create a strategy that will�
Category:
Articles: Limited Companies
| Tue, 09 Oct 2012
How to prepare an invoice - examples and templates
How to prepare an invoice. Examples and templates.
�choose an accounting firm who specialises in the contracting industry - see our 10 tips for choosing an accoun� �s could result in the client claiming a breach of contract . The first step is to speak to the client, befor�
Category:
Articles: Limited Companies
| Mon, 06 Nov 2017
Penalties incurred for late filing of forms
Running a limited company for contracting means you need to file certain forms each year, or else you could face sizeable penalties costing thousands.
�director of your own limited company to run your contracting means you are subject to company and tax law. If�
Category:
Articles: Limited Companies
| Thu, 15 Jun 2017
10 facts you need to know about company dividends
Ltd company contractors find that sharing profits through dividends is more tax-efficient. Here’s everything you need to know about company dividends.
�Contractors mostly run their contracting business through their own limited companies , wh�
Category:
Articles: Limited Companies
| Wed, 27 Apr 2016
Contractors can recover unclaimed travel expenses from past contracts
If a contractor has failed to claim for past travel expenses, these can still be recovered under certain conditions.
�e within the so-called ‘24 month rule’, and which contracts were not covered. Any travel expenses would not b� �, even if they had been legitimately working on a contract for which the travel expenses were eligible. Temp�
Category:
Articles: Expenses
| Mon, 29 Sept 2008
Is it worth contractors buying a company car?
Even with efficient, low emission cars, most contractors are better off claiming private mileage, says Phil Richards of accountants Blevins Franks.
�to and from their client’s site and use their own contracting limited company have the option of buying a compa�
Category:
Articles: Expenses
| Tue, 27 Jan 2009
Relocation costs are your responsibility when contracting
If a contract obliges you to relocate, you need to account for the costs. You may deduct a large part of it all from tax, but that may still leave you with a hefty bill. Here's how to handle it.
�You've been offered a new contract, and it's a good one, with a good rate and the pr�
Category:
Articles: Expenses
| Tue, 15 Apr 2008
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