Recent content by ajayjain

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    What Triggers IR35 Investigation

    Hi, I wanted to know what triggers IR35 investigation Whereever I read, it is said that your contract agreement should be IR35 compliance. it should have this and that, but do you think if someone comes under IR35 can escape by presenting the agreement to HMRC, If someone is contracting...
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    Expenses

    Can you please help me for my expenses I am IT contractor, got ltd. company I am showing my expense around £900/- per month I spend all the money from my personal account and re-imburse from the company end of every month. Mainly I claim Mileage becuase my client is 70 miles from my house...
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    Govt. fund to boost skills to get business

    Hi, Can anyone advice, how to get the funds/grant to learn new skills I am looking for MS CRM training which will cost £4,000/- I am not working at the moment. I know there are some websites like businesslink , traintogain etc, but is it really worth to approach these. Thanks
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    VAT Puzzle (pls help)

    2 more questions for you please. if I have paid more than payable, i can adjust in my next return. or i say, i paid £100 extra in my last return, so i can pay less £100 this time? I am paying £1600 every quarter (direct debit) my bank statement is showing correct but why on HMRC site, my VAT...
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    VAT Puzzle (pls help)

    Thank you very much for your quick replies. I am now confident on my calculations. Regards Ajay
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    VAT Puzzle (pls help)

    Hi, Please tell me if I am doing something wrong here. This is just an example what i am doing I am an IT consultant and on FLAT rate sheme. First year is less 1% My first year is 1 Jan. 2008 to 31 dec. 2008 so my calculations are for the VAT return Sale Period 01-01-08...
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    VAT Interim Payment

    Thx Jaydee, this is I wanted to listen, and I was thinking the same as well. Yes, I am on annual accounting. I registered VAT dec. 2007 and I submitted my first return on 31st march 08 and paid accordingly from HMRC website. I thought I will pay every quarter whatevery is my vat due.
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    VAT Interim Payment

    Hi, Earlier I had a letter for Interim payment of £450/- per month I called them I am doing quarterly then I got another letter Now I have been asked to pay Interim payment of £1600/- per quarter I am using flat rate scheme and I am trying to submit my quartly vat return but I can't see any...
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    Construction invoice software

    We have a solution for construction companies and big construction companies in uk are using it. It got everything you are looking for. speak to sam malak 07971209284 http://www.itgroupinternational.co.uk/
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    Paying contractor Overseas

    Hi, Can we outsource the work outside from EU to a person rather than company. We found a IT developer wo can do some work for us but he is not running any company, he will take it as a part time work and we have to pay him into his personal account. HMRC will have any problem if we show...
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    Mortgage Advice

    Hi, My fixed term mortgage will expire this month. I am getting a new deal 5.99% variable for 1 year from Barclays should I take it or should i go for a fixed rate for 2-3 years. Do you think interest rate will go up or it will come down. Thanks
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    Mileage VAT

    Quick question Can I charge vat on milage? I am charging .40 pence per mile.
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    Mortgage Advice

    Hi, My fix mortgage will finish in June, I am with Barclays Should I go for 2yrs. fix or 3 yrs. fix rate. Where can I get the best deal. Any suggestion/advice will be appreciated. Thanks
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    Dividend & Tax

    Thanks CassioAcc, I need to see my mortgage people as well not sure they will allow such a low salary to re-mortgage which is due in june. need to speak to my accountant.
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    Dividend & Tax

    Hi, Need some advice, how can I save some tax. Just a simple example I am an IT Contractor, work from home (so really no expenses) I make £10000/- PM Salary £1000/- PM Expense £1000/- PM so net profit is 8000/- pay CT 19% or 20% 1600/- balance in bank 6400/- if I want to take this money...
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