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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
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
Conduct of employment regulations: a guide to opting in or out
Most contractors don’t need the protection provided by the Conduct of Employment Regulations and when asked by their agency, can choose to opt out.
�own right should treat any agency agreements and contracts as business deals and ensure that they negotiate� �Contractors starting their first contract, or starting a new contract with a brand new agen�
Category:
Articles: Legal
| Thu, 08 Mar 2018
How contractors should handle being terminated
Being terminated can be a messy business, but contractors who handle it properly can make it a success.
�e been negligent, or have simply not done the job contracted for at all. This should not arise if you have cle� �the client and won't want to jeopardise their own contracts. Even with such testimony, the agency will have c� �Having your contract terminated is always a messy business. But a cont�
Category:
Articles: Legal
| Tue, 24 Apr 2018
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