Registering a company for consultancy work
Discussion
I guess you're talking about setting up a Ltd. company?
Get an accountant (a good one, who knows your area of business) - I can recommend someone if you want (via PM).
They will help with all the tax sides of things. They can also form a company for you, or you can do it yourself, if you've
run a company before, then you should be able to do it yourself, or save the hassle and learn from them and pay them to do it.
Check the PCG website, there's a lot of good information on there, some of it free, some of it you have to join up to get access
to - it's more than worth it.
Get an accountant (a good one, who knows your area of business) - I can recommend someone if you want (via PM).
They will help with all the tax sides of things. They can also form a company for you, or you can do it yourself, if you've
run a company before, then you should be able to do it yourself, or save the hassle and learn from them and pay them to do it.
Check the PCG website, there's a lot of good information on there, some of it free, some of it you have to join up to get access
to - it's more than worth it.
Fume troll said:
Totally new area for me - what's the easiest way to do this?
It would only be me working for the company. I would be working via an agency who has a frame agreement with the final customer (going direct isn't an option).
Work is in Norway.
Cheers,
FT.
Make sure you read up on IR35 and do your best to comply.It would only be me working for the company. I would be working via an agency who has a frame agreement with the final customer (going direct isn't an option).
Work is in Norway.
Cheers,
FT.
Fume troll said:
Totally new area for me - what's the easiest way to do this?
It would only be me working for the company. I would be working via an agency who has a frame agreement with the final customer (going direct isn't an option).
Work is in Norway.
Cheers,
FT.
If it's work overseas it's a bit more interesting than normal, also with some potentially greater rewards. You need to take professional advice on this one to make sure you make the most of it.It would only be me working for the company. I would be working via an agency who has a frame agreement with the final customer (going direct isn't an option).
Work is in Norway.
Cheers,
FT.
Brookson is not the one for you, believe me...
I'd have a look at this:
http://www.contractoruk.com/overseas_guides/overse...
...and go from there...
amir_j said:
Fume troll said:
Totally new area for me - what's the easiest way to do this?
It would only be me working for the company. I would be working via an agency who has a frame agreement with the final customer (going direct isn't an option).
Work is in Norway.
Cheers,
FT.
Make sure you read up on IR35 and do your best to comply.It would only be me working for the company. I would be working via an agency who has a frame agreement with the final customer (going direct isn't an option).
Work is in Norway.
Cheers,
FT.
ginettag27 said:
amir_j said:
Fume troll said:
Totally new area for me - what's the easiest way to do this?
It would only be me working for the company. I would be working via an agency who has a frame agreement with the final customer (going direct isn't an option).
Work is in Norway.
Cheers,
FT.
Make sure you read up on IR35 and do your best to comply.It would only be me working for the company. I would be working via an agency who has a frame agreement with the final customer (going direct isn't an option).
Work is in Norway.
Cheers,
FT.
I would like to pick up with the PCG point. Personally I wouldn't go there as they cannot guarantee to protect their members identity. In fact, the representative I spoke to confessed to selling the members directory to a third party company
Things may have changed now. However the info you need is abundant on the net and there are plenty of specialist insurance companies around that cater for Contractors.
Also consider the tax situation- if Norway is less tax then UK then may be worth being on agency payroll/similar over there.
(Note: If a country has a double tax agreement then depending on where your 'residency' status falls you may need to pay more though- Im currently in Switzerland paying minimum tax but if don't stay here most of year then the HMRC can ask me to pay the difference in UK and Swiss rates )
(Note: If a country has a double tax agreement then depending on where your 'residency' status falls you may need to pay more though- Im currently in Switzerland paying minimum tax but if don't stay here most of year then the HMRC can ask me to pay the difference in UK and Swiss rates )
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