New to Contracting: Running Your Company

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1. Getting Money In

Every time the company completes work it raises a sales invoice to the client. We will advise as to compliant formats and provide example templates.

In just a few weeks from set-up the company will be allocated a VAT number by HM Revenue & Customs. Initially invoices need to use the words 'VAT invoice to follow'. Once a VAT number is received, the company will be able to charge VAT, and also collect-back the VAT that was not included on earlier invoices. When you are preparing the first few invoices, we like you to email or fax them through to your accounts team so that we can help you get them absolutely right, ensuring you receive money into your company's account as smoothly as possible.

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1. New to contracting
2. Benefits
3. Trading Options
4. - Your Own Company
5. - PAYE Employee
6. - Umbrella Employee
7. - Self Employed
8. - Summary
9. Running Your Company
10. - Getting money in
11. - Expenses
12. - Payroll
13. - Bookkeeping
14. Costs
15. Next steps
16.  

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