Self employed.

[Pyrate]

Just register as self employed
Takes no time at all
If you go limited your accountant will cost 1500-2000 grand a year
How does that sound buddy?

Mines 1500, but does payroll, my personal, company and VAT...

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[eox]

Just register as self employed
Takes no time at all
If you go limited your accountant will cost 1500-2000 grand a year
How does that sound buddy?

Sounds like nah I'm okay

 

[puddove]

It could be from my end ? then its the Vodka !!,hope life is treating you well mate

yeah not to bad, bit up and down at work but it pays the bills and holidays

how about you, you living the dream

 

[keithuk]

yeah not to bad, bit up and down at work but it pays the bills and holidays

how about you, you living the dream

Life is good mate , very busy and the family are all well ! Living the dream!

 

[Danny]

Being Limited means that you have a limited amount of liability an offers you some protection. If your trade accounts/business loans/vehicle finance are all registered to your Limited company if it all goes tits up you don't lose everything, house etc
But the business could/will lose all it's assets...

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Not always... I know someone who was limited and paid all his staff on an overrated on biz account then folded... he then gothit with the overdraft...

I went Ltd for tax reasons and a few other things

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[puddove]

Life is good mate , very busy and the family are all well ! Living the dream!

nice 1 keith --- having a good balance between work and family that,s what its all about.

 

[Builderboi]

Not always... I know someone who was limited and paid all his staff on an overrated on biz account then folded... he then gothit with the overdraft...

I went Ltd for tax reasons and a few other things

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Because the banks know this and ask the view boys would rip them off they often seek personal guarantees which negates the limiting of liability

 

[Danny]

Because the banks know this and ask the view boys would rip them off they often seek personal guarantees which negates the limiting of liability

Yup...

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[fred67]

I've literally just started got quite a bit of work all cash in hand though that's why I'm askiing for help guidance advice

Hope you're good at running - The Tax-Man loves this Forum - How do you think they get their bonuses every week??

 

[Dollar]

 

[Spitandpolish]

View attachment 78322

Is that you on the taxi's now mate ?