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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.
�ontractors who use a limited company to run their contracting business will already have experienced some of th�
Category: News | Thu, 01 Oct 2009

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.
�ognised the long-term strategic value of the UK’s contracting sector by choosing contractor services start-up C�
Category: News | Mon, 26 Oct 2009

Limited company contractors with contracts inside and outside IR35
Having contracts both inside and outside need not be complicated for you to deal with.
�An occupational hazard of contracting is that some contractors find themselves working� �ctors find themselves working on a combination of contracts both inside and outside of the IR35 tax legislati� �lations. “Contractors who have earned income on a contract that was within IR35 must calculate the deemed pa�
Category: Articles: Limited Companies | Wed, 02 Dec 2009

Extracting profits tax efficiently from a limited company
Contractors can choose from a range of strategies to extract profits tax efficiently from their limited company, explains Abbott Moore’s James Abbott.
�– if they are not doing so, they should move to a contract that is outside IR35 Decide on a suitable salary�
Category: Articles: Limited Companies | Wed, 30 Jul 2014

Dormant company accounts – filing example
Contractors who have a dormant limited company must continue to file basic company information, including abbreviated accounts, with Companies House.
�quired by the Registrar of Companies. Making your contracting limited company dormant is a straightforward proc� �natively, a contractor may be offered a lucrative contract that is inside IR35 and decides to trade via an u�
Category: Articles: Limited Companies | Mon, 23 Feb 2015

How to protect your business bank account savings with FSCS
Contractors qualify as small businesses under Financial Services Compensation Scheme rules so business bank account cash up to £85,000 is protected.
�ing sums to cover ‘holiday pay’ and spells out of contract, contractors can very quickly accumulate large ca�
Category: Articles: Limited Companies | Wed, 20 Jan 2016

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

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