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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

Tax efficient distribution of contractor funds using members’ voluntary liquidation
Contractors closing a limited company with cash in excess of £50,000 can use a members’ voluntary liquidation (MVL) to extract funds tax efficiently.
�ontractors to consider exit strategies from their contracting business well before the end of their company’s l�
Category: Articles: Limited Companies | Thu, 31 Jan 2013

How much salary should a contractor pay themselves as director?
Contractors often find the low salary-high dividends model to be the most tax efficient way to take remuneration, says Abbott Moore’s James Abbott.
�ient method of extracting remuneration from their contracting business typically pay themselves a low salary an� �nclude: The contractor actually has an employment contract with their company, in which case they are subjec�
Category: Articles: Limited Companies | Wed, 22 May 2013

Contractors, directors’ loan accounts and borrowing company money
Contractors usually have no need for a director’s loan, but for those that do, there are strict rules and pitfalls, says Abbott Moore’s James Abbott.
�Contractors can enjoy a long and lucrative contracting career without ever needing to take a director’s� �for professional fees, such as incorporation and contract expenses. “A contractor might find they are in re�
Category: Articles: Limited Companies | Wed, 10 Jul 2013

Contractors publishing their owns books – tax and accounting issues
Contractors self-publishing promotional books shouldn’t publish through their company unless profits will be large, says Abbott Moore’s James Abbott.
�ontractors self-publishing books to promote their contracting services should pay for the project personally an�
Category: Articles: Limited Companies | Tue, 12 Nov 2013

Tax issues of acquiring quality and antique assets
Contractors considering buying high quality or antique assets for their limited companies may discover its more tax efficient to buy it personally.
�warns Abbott. “Many contractors dip in and out of contracting, and shut down the limited company during periods�
Category: Articles: Limited Companies | Mon, 16 Dec 2013

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.
�specialists, and won’t be able to offer IR35 and contracting expertise. That’s why Contractor Calculator has c�
Category: Articles: Limited Companies | Thu, 11 Feb 2010