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A contractors legal obligations as a company director
Explains the legal obligations a contractor has as a director of their own limited company.
�After setting up a limited company for contracting purposes, it is necessary to appoint at least one�
Category: Articles: Limited Companies | Mon, 22 May 2006

Dividends – calculation, payment and taxation
Contractors using limited company structures can get significant tax advantages by paying themselves dividends. This article explains how dividends work.
�idends has been updated. Please see Dividends and contracting : calculation, payment and taxation . Introductio�
Category: Articles: Limited Companies | Wed, 09 Aug 2006

Using company money to start another unrelated business
Are you considering starting another unrelated business within your current limited company structure? The article explains the issues.
�start other ventures that are unrelated to their contracting profession. Some contractors might think that usi� �company would be trading “Ultra Vires”. I.e. any contract signed would be non-enforceable in law. Treatment�
Category: News | Mon, 11 Sept 2006

Splitting dividends to maximise net income
Splitting company dividends can be an effective way of maximising net income. We discuss the topic and Section 660 issues.
�ife Limited Company Income Net Income Income from contracting £63,000 Less: Salary paid £4,500 £4,500 £58,500 L�
Category: Articles: Limited Companies | Wed, 15 Nov 2006

Contractors get qualified accountants from PCG
The Professional Contractors Group accredits accountants who are specially trained to help contractors. It is a precious resource.
�ous programme, and even though I specialise in IT contracting, I’m not ashamed to say that I learned something,�
Category: Articles: Limited Companies | Thu, 08 Mar 2007

Could the personal service company be next for contractors?
The personal service company could be the next target of the Treasury.
�' James Leckie, MD of contractor start-up site IT Contracting , said: "Although all limited companies have the� �rvice companies-- the Tribunal made it clear that contracts of employment may be implied or deduced from all� �the IR35 legislation. You need to show that your contract terms and the way you work (your working practice�
Category: News | Thu, 29 Mar 2007

Sub contracting work: tax and accounting issues
If you decide to sub contract work then there will be tax and accounting issues to consider.
�sing a right of substitution clause if you have a contract for services. Sub contractors usually provide the�
Category: Articles: Limited Companies | Fri, 15 Jun 2007

Hiring a temporary resource – option and issues to consider
Options and issues to consider when deciding to hire a temporary resource.
�for secretarial/administrative functions) or on a contract basis, which commits the agency and worker to wor�
Category: Articles: Limited Companies | Fri, 27 Jul 2007

Opening a company bank account
Advice and guidance for choosing and opening a company account.
�mind your current bank knowing about your future contracting career. When you set up the account you will need�
Category: Articles: Limited Companies | Fri, 03 Aug 2007

Contractors should choose limited companies if the fit is right
There is pressure in the industry on contractors to choose PAYE umbrellas for their businesses. Barry Roback of JSA shows that those for whom a limited company is a good fit should try one on.
�a good choice for someone who isn't committed to contracting. ''If you are just going to give it a try for the�
Category: News | Fri, 17 Aug 2007

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