Privilege Accounts launched by contracting industry experts Roback and Stanton
Contractors “who don’t want to be part of a production line” have a greater choice of contractor accountant after the launch of Privilege Accounts.
Contracting company profits - tax issues when investing cash surpluses
Contractors with cash in their businesses may be considering company investments. Expert financial advice is vital, says Abbott Moore’s James Abbott.
Illegal dividends explained – what are they?
Abbott Moore’s James Abbott explains why contractors must ensure they record profit calculations & the correct paperwork to avoid illegal dividends.
Online accountants now offer contractors a genuine choice for professional services
Contractors seeking alternatives to expensive meetings with pinstriped professional advisers now have a genuine choice, says Crunch’s Darren Fell.
Closing down your contracting limited company
Discusses the steps to close down your limited company
Contractors and the Data Protection Act (DPA) – what they need to know
The Data Protection Act (DPA) potentially impacts every UK business, including contractor limited companies.
Dividend income split between husband and wife unsuccessfully challenged by HMRC
Husband and wife contractor limited companies remain at risk of extra tax bills from Section S660, but HMRC has been unsuccessful in a recent ruling.
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 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.
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.
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.
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.
Contractor guide to completing a statement of capital
What is a statement of capital and how should they be completed by limited company contactors?
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.
Contractor guide to new model articles of association
As part of the changes introduced by the Companies Act 2006, limited company contractors should consider updating their articles of association.
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.
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
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.
Contractor accountants: count the true cost with the ContractorCalculator checklist
Many contractor accountants advertise a monthly fee but don’t say what your money buys. Find out for sure with the Contractor Calculator checklist.
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.
Limited company contractors with contracts inside and outside IR35
Having contracts both inside and outside need not be complicated for you to deal with.
Skype chairman eyes contracting sector as next high-growth opportunity
Skype chairman Michael van Swaaij has an uncanny knack of picking high-growth hits. Good news for his latest investment, new kids on the block Crunch.
Contractor guide to Companies Act changes coming into force on 1 October 2009
The Companies Act 2006 has made sweeping changes affecting every UK limited company, with the final changes coming into force on 1 October 2009.
Claiming contractor limited company start-up expenses
Contractors can claim all their limited company start-up expenses, but it is essential to keep accurate records to prove the expenses are legitimate.
Contractor limited company directors’ roles and responsibilities
Company directors have clear roles and responsibilities in their management of limited companies and failure to comply can result in severe penalties.
Contractor limited company checklist for moving company address
Moving business address can be stressful for contractors, but an organised approach will make the legal side of it relatively hassle-free.
Financial year-end checklist for contractor limited companies
The financial year end provides limited company contractors with useful opportunities, but timing is crucial and deadlines cannot be ignored.
Contractor dividend timing and dividend waivers
Contractors need to be careful when managing the raising and payment of dividends, in order to remain tax-efficient and to avoid the wrath of HMRC.
Transferring shares within a contractor limited company
Splitting shares in a contractor limited company can mitigate tax liabilities, but there can be pitfalls, as Phil Richards of Blevins Franks explains.
Spending contractor limited company profits tax efficiently
According to Duncan Strike of Quay Accounting, contractors should be looking closer to home when deciding how to spend the cash in their business.