Are you a temporary worker? The Inland Revenue will certainly want to know. Life as a contractor is complicated enough without having to plough through red tape. This is where our knowledge centre comes in.
4.1 Tax Questions
A What is the effect of applying IR 35 to contract income?
B What is the significance of the workplace being permanent or temporary?
C How does a contractor know if the workplace is permanent?
D How does a contractor know if the workplace is temporary?
E Is my old company a factor in determining if my new workplace is temporary?
F Can a contractor claim expenses as an agency employee?
G How applying theVat flat rate scheme could save you £2,077
H I am of retirement age. What NIC is payable ?
I The Flat Rate Scheme of accounting for VAT can save IT consultants money
4.2 Running your own company
A How does a contractor get a new company up and running
B What accounts work is involved with the company?
C What secretarial work has to be done?
D What bookkeeping work has to be done by the contractor?
E Ongoing taxation work is required by the consultant and the company
F Legal responsibilities of the contractor company director
4.3 I have my own company and I am out of contract
A Should a consultant out of contract leave the company dormant?
B How does a contractor shut the company down?
C How are the company reserves distributed if I shut it down?
D What has to be done with my current pension?