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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

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

How contractors should run limited companies
There are a number of issues that contractors should be aware of in running their own limited companies.
�ith your company and expect to walk away from it. Contracting With Your Company There are two main purposes for� �n purposes for your company: the first is to sign contracts with agents or third parties, The second is to ha� �things that people do: borrow money, spend money, contract for services, pay tax, etc. Your personal respons�
Category: Articles: Limited Companies | Mon, 04 Feb 2008

Choosing a company name
Choose something catchy and original but avoid using something too specific.
�vice and guidelines. Think long term When you are contracting the client rarely becomes aware of your company n�
Category: Articles: Limited Companies | Mon, 31 Mar 2008

Processing fees for fellow contractors should be avoided
Tempting though it might seem to help a friend in need, contractors should resist invoicing on behalf of fellow contractors, as it could backfire.
�the colleague is seeking, then they would need a contract with the contractor’s limited company clearly sta�
Category: Articles: Limited Companies | Thu, 02 Oct 2008

Contractors may find limited liability partnerships useful
A Limited Liability Partnership may have value for contractors. But a limited company is probably more useful.
�hing a limited company can do: own property, sign contracts, incur debts, etc. Liability is limited to the mo�
Category: Articles: Limited Companies | Tue, 11 Sept 2007

Taking on your first employee - financial and legal issues
Consideration when deciding to expand your contracting business by taking on an employee.
�e benefits in kind as part of the salary package. Contract of employment You should provide your employee wi�
Category: Articles: Limited Companies | Fri, 26 Oct 2007

Working with foreign and offshore companies
Financial aspects to consider when dealing with companies outside of the UK.
�VAT Matters If you work in the UK and supply your contracting services for a client in an EU country then you a� �the UK. There are three aspects to consider: VAT Contracts abroad Engaging foreign workers VAT Matters If yo� �troduction As a contractor, you might need to sub contract work to a foreign company, or provide contract se�
Category: Articles: Limited Companies | Fri, 02 Nov 2007

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

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