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Why do contractors have a hard time getting a mortgage?
- November 23, 2016
- Posted by: admin
- Category: Uncategorized
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Let face it getting a mortgage as a permanent employee is a lot easier than getting a mortgage either as self-employed or a director of a limited company. The main reason for this is because showing proof of income is a matter of just producing payslip for most employees. The same can’t be said for
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Directors Loan: The do’s and dont’s
- November 15, 2016
- Posted by: admin
- Category: Business Growth, Contractors, Expenses, Finance & accounting, Tax, Uncategorized
If you have just started up a limited company, the director’s loan account can be one of the trickiest concepts to get your head around. But I promise you it’s not impossible. It is necessary in understanding how you relate to your company and more importantly, how you can get at your lovely profits. What isn’t a director’s loan
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Can contractors continue to draw a salary when they are out of contract?
- November 8, 2016
- Posted by: admin
- Category: Contractors, Expenses, Tax
We recently had a client who was a traded as a limited company contractor and had a six month break between contracts, but wasn’t sure whether he could continue to draw a monthly salary? Even though he was out of a contract and the company stopped earning income, he would still be a director of
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Services
- October 5, 2016
- Posted by: admin
- Category: Uncategorized
