- FAQ
- Login
- Register
- Call Workpermit.com for a paid service +44 (0)344-991-9222
ESC
Welcome to immigrationboards.com!
Moderators: Casa, John, ChetanOjha, archigabe, CR001, push, JAJ, ca.funke, Amber, zimba, vinny, Obie, EUsmileWEallsmile, batleykhan, meself2, geriatrix
good question. through out 4 years of my hsmp and tier 1 i'm working as a contractor and will be a contracter until i apply for ILR ?generic123 wrote:I wasn't outside uk more than 150 days, had all the requirements met.
Only thing is I was permanent employee for the first 4 years and started doing contracting job from last 1 year through my own limited company which is why I had to submit accountant letter,p&l statements etc etc.
If you are not employed normally, you have two options 1) To have a limited company registered and be employed in your own company either as a Director or secretary etc. In this case company accounts must be done by a qualified accountant. Your payslips should be generated profit/loss accounts should be done, must have a business account and keep copies of contracts under taken and payments etc. 2) OR you can be self employed as a contractor. In this case less paper work is required like you must be registered with HMRC as self employed paying class 2 insurance, keep invoices , record of income in your account(may not be a business account), copies of contract and accountant should do your accounts and give you a letter. Accountant being qualified but working in a company which is not registered has been the latest issue in many cases. Try avoiding such unregistered companies as qualified accountant is giving your accounts on a paper with a logo of this unregistered company. That really creates problemfahadz1 wrote:good question. through out 4 years of my hsmp and tier 1 i'm working as a contractor and will be a contracter until i apply for ILR ?generic123 wrote:I wasn't outside uk more than 150 days, had all the requirements met.
Only thing is I was permanent employee for the first 4 years and started doing contracting job from last 1 year through my own limited company which is why I had to submit accountant letter,p&l statements etc etc.
can i have any problem being a contractor ??
I'm employed as a contractor and running my ltd company as director. i take dividends only no salary etc.khalidmirza wrote:If you are not employed normally, you have two options 1) To have a limited company registered and be employed in your own company either as a Director or secretary etc. In this case company accounts must be done by a qualified accountant. Your payslips should be generated profit/loss accounts should be done, must have a business account and keep copies of contracts under taken and payments etc. 2) OR you can be self employed as a contractor. In this case less paper work is required like you must be registered with HMRC as self employed paying class 2 insurance, keep invoices , record of income in your account(may not be a business account), copies of contract and accountant should do your accounts and give you a letter. Accountant being qualified but working in a company which is not registered has been the latest issue in many cases. Try avoiding such unregistered companies as qualified accountant is giving your accounts on a paper with a logo of this unregistered company. That really creates problemfahadz1 wrote:good question. through out 4 years of my hsmp and tier 1 i'm working as a contractor and will be a contracter until i apply for ILR ?generic123 wrote:I wasn't outside uk more than 150 days, had all the requirements met.
Only thing is I was permanent employee for the first 4 years and started doing contracting job from last 1 year through my own limited company which is why I had to submit accountant letter,p&l statements etc etc.
can i have any problem being a contractor ??
Being Director and taking no salary but only dividend is ok. But I do not understand you being contractor. Are you self employed registered with HMRC as well. Please help us all .Contractors do not work for one company. Are you taking contracts for you own company or working free lancer as a contractorfahadz1 wrote:I'm employed as a contractor and running my ltd company as director. i take dividends only no salary etc.khalidmirza wrote:If you are not employed normally, you have two options 1) To have a limited company registered and be employed in your own company either as a Director or secretary etc. In this case company accounts must be done by a qualified accountant. Your payslips should be generated profit/loss accounts should be done, must have a business account and keep copies of contracts under taken and payments etc. 2) OR you can be self employed as a contractor. In this case less paper work is required like you must be registered with HMRC as self employed paying class 2 insurance, keep invoices , record of income in your account(may not be a business account), copies of contract and accountant should do your accounts and give you a letter. Accountant being qualified but working in a company which is not registered has been the latest issue in many cases. Try avoiding such unregistered companies as qualified accountant is giving your accounts on a paper with a logo of this unregistered company. That really creates problemfahadz1 wrote:good question. through out 4 years of my hsmp and tier 1 i'm working as a contractor and will be a contracter until i apply for ILR ?generic123 wrote:I wasn't outside uk more than 150 days, had all the requirements met.
Only thing is I was permanent employee for the first 4 years and started doing contracting job from last 1 year through my own limited company which is why I had to submit accountant letter,p&l statements etc etc.
can i have any problem being a contractor ??
i dont have copy of contracts how ever i have invoices