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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.
�example, created property empires by reinvesting contracting earnings into their business. Others have built s�
Category: Articles: Limited Companies | Mon, 21 Feb 2011

Contractor guide to how online accountants manage tax and company year-ends
Contractors need no longer complete numerous forms, as online accountants largely automate end of tax and company year processes, says Carl Danvers.
�er relevant. “Because a contractor managing their contracting business via an online accountant maintains ongoi�
Category: Articles: Limited Companies | Tue, 26 Apr 2011

Contracting limited companies: top questions contractors ask their accountants
Answers to the most common questions contractors ask their accountants are explored by Derek Kelly of contractor accountant ClearSky.
�rtner, will.” 5. What happens when I am no longer contracting? Kelly warns contractors that running a limited c� �ice before making any serious decisions. 8. Is my contract IR35 friendly? A contract might be IR35 friendly�
Category: Articles: Limited Companies | Thu, 28 Apr 2011

P35 Employer Annual Return service company question and IR35 - contractor guide
Working through your own limited company means you must complete a P35, including the service company question.
�Contractors who contract through their own limited company must complete a�
Category: Articles: Limited Companies | Tue, 17 May 2011

Contracting and subcontractors: tax, VAT and employment issues
Contractors subcontracting client work to other contractors should be aware of the tax, VAT and employment issues, says James Abbott of Baker Watkin.
�added tax ( VAT ). “A contractor may be earning a contracting income that keeps them just below the VAT registr� �ing the law.” Other factors: employees’ expenses, contracts and the ‘hassle factor’ Although there are no rul� �frequently no written agreement. Putting a proper contract in place is essential. It should be prepared by a�
Category: Articles: Limited Companies | Mon, 30 May 2011

Contracting via a limited company: Preparing to trade
Contracting via a limited company requires a bank account and registration with HMRC before trading can start, explains InTouch’s Clare Rickman.
�Contracting via a limited company is straightforward, but, sa� �Before a contractor can start work on their first contract and begin trading, the new company should: open a�
Category: Articles: Limited Companies | Mon, 25 Jul 2011

Contracting via a limited company. An overview of the start-up process
Contracting via a limited company is straightforward, as long as contractors get the basics right from the outset, says InTouch’s Clare Rickman.
�Contracting via a limited company can be straightforward, as� �g to earn over £30,000 per year in fees, or their contract is inside IR35 , then a limited company may not b�
Category: Articles: Limited Companies | Wed, 27 Jul 2011

Investing your company money in gold
Gold could offer contractors seeking investments for their limited company’s surplus cash a greater return than other investments.
�her investments exceeds their trading income from contract fees, their limited company becomes a ‘close inve�
Category: Articles: Limited Companies | Tue, 23 Aug 2011

Contractor guidance on record keeping for HMRC’s Business Record Checks
Contractors can easily ensure their records are in good order if HMRC undertakes a Business Records Check, says InTouch Accounting’s Paul Gough.
�good business practice that support a successful contracting career. HMRC has a team of 120 specialists that i�
Category: Articles: Limited Companies | Mon, 21 Nov 2011

Dormant limited companies: guidance on HMRC and Companies House rules for contractors
Contractors maintaining dormant limited companies must abide by rules set out by HMRC and Companies House, explains David Colom of DJ Colom & Co.
�at name Incorporating a company at the start of a contracting career that fails to get off the ground in the fi� �ly working and has no immediate plans to find new contracts. “HMRC is only interested in companies whose acti�
Category: Articles: Limited Companies | Tue, 22 Nov 2011