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Contractor accounting: How to manage your company accounting
How can contractors manage their accounting for a contracting limited company and at what point should they call in the services of their accountant?
�Limited company contracting has traditionally been the trading vehicle chosen� �limited company? Contractors typically choose to contract via a limited company for a number of reasons. Th�
Category:
Articles: Limited Companies
| Mon, 19 Jan 2009
Keeping the cash flowing through a contractor limited company
Cash is still very much king and the contractor without money in the bank can come unstuck. The key is keep the cash flowing in the right direction.
�imple systems to keep the cash flowing into their contracting limited company are much less likely to suffer fr� �ure that when they are considering starting a new contract with a new client or agency, they check that thei�
Category:
Articles: Limited Companies
| Tue, 17 Feb 2009
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.
�found to be within IR35 for one of their previous contracts, the fallout can be very costly . If there is any� �te sums for tax, and unexpected periods without a contract, Strike says there can still be plenty of cash le�
Category:
Articles: Limited Companies
| Mon, 09 Mar 2009
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.
�ose to split the ownership of the shares in their contracting limited company between themselves and their spou�
Category:
Articles: Limited Companies
| Fri, 13 Mar 2009
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.
�For most contractors who contract through a contracting limited company , their company address is the sa� �For most contractors who contract through a contracting limited company , their com�
Category:
Articles: Limited Companies
| Thu, 02 Apr 2009
Hiring contractors – an overview
Contractors can bring huge benefits to a client organisation but they are not employees and need to be managed effectively to get best results.
�ctors predominantly use online job boards to find contracts, but there the similarity with employees ends. Co� �ensed, because good contractors don’t stay out of contract for long, so a client only has a small window whe�
Category:
Articles: Hiring Contractors
| Tue, 25 Aug 2009
Hiring a contractor – rates you should expect to pay
Rates vary hugely across the contracting sector and can depend on many variables. How can clients judge what rates they should pay contractors?
�rs to be worked, and any hours in excess of those contracted must be approved before the contractor works them� �. But the client and contractor must agree in the contract the number of hours to be worked, and any hours i�
Category:
Articles: Hiring Contractors
| Tue, 01 Sept 2009
Hiring a contractor directly without using an agency
Clients must understand the big differences between hiring contractors and recruiting employees, says Emma Brierley of recruiter Xchangeteam
�ctors, by their very nature, are being engaged on contracts on an ongoing basis. This means that the client’s� �soon as possible. This means negotiation of both contract rates and contracts , and the hard part in larger�
Category:
Articles: Hiring Contractors
| Tue, 15 Sept 2009
Reading and evaluating a contractor CVs
Clients used to recruiting permanent employees will find contractor CVs break lots of CV ‘rules’, but that’s because contractors are not employees.
�the contractor has successfully completed similar contracts for other clients If the contractor has made a go� �uiting could receive hundreds of CVs for a single contract, and will typically devote, at most, ten seconds�
Category:
Articles: Hiring Contractors
| Tue, 22 Sept 2009
How firms should conduct contractor interviews
Interviewing a contractor is not like an interview to recruit a permanent employee, it is more like receiving a sales pitch from a new supplier.
�cision Contractors that have long term successful contracting careers will also have good selling skills in edi� �red, knowing they have an hour at most to win the contract. In that time, a client has to make a decision as�
Category:
Articles: Hiring Contractors
| Tue, 29 Sept 2009
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