Search Results

Contractor doctor: am I legally obliged to train the client's staff?
Contractors do not have to provide services over and above those agreed in the contract, and clients cannot expect contractors to do so.
�erience and a reference here. Good luck with your contracting! ContractorDoctor� �charge more because it is outside the scope of my contract - I was originally hired as a programmer with no�
Category: Articles: Contractor Doctor Q+A | Thu, 28 Jun 2007

Contractor doctor: can clients terminate you before the contract ends?
This agency sent a contractor home a week early and threatened to refuse a reference if the contractor didn't go. The contractor can sue for the full value of the contract, and he can even take action about the reference.
�Dear Contractor Doctor, My husband is currently contracting on a 6 month contract. He was served notice of it� �rmination clause in the contract. Many contractor contracts include the right to terminate at any time with n� �My husband is currently contracting on a 6 month contract. He was served notice of its end, however today h�
Category: Articles: Contractor Doctor Q+A | Mon, 02 Jul 2007

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

10 facts you need to know about company dividends
Ltd company contractors find that sharing profits through dividends is more tax-efficient. Here’s everything you need to know about company dividends.
�Contractors mostly run their contracting business through their own limited companies , wh�
Category: Articles: Limited Companies | Wed, 27 Apr 2016

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

Making your contracting limited company dormant
How to make a limited company dormant and the responsibilities whilst it is dormant.
�es change. If you need to take a short break from contracting contracting to take on fixed employment or to tak� �is means a contractor must not enter into any new contracts using their dormant contractor limited company. T� �ich point you can simply restart trading on a new contract. Should I close my contractor limited company com�
Category: Articles: Limited Companies | Tue, 14 Feb 2012

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 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