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Documents to download => All cleaning related documents => Topic started by: Gabriel Nagy on July 21, 2011, 10:56:15 pm

Title: Self-employed or LTD?
Post by: Gabriel Nagy on July 21, 2011, 10:56:15 pm

Which is the best way to work? Self-employed or company? If I open a ltd there are options to buy shares, etc to avoid paying a lot of taxes?
Thanks

Title: Re: Self-employed or LTD?
Post by: steve scotter on July 22, 2011, 04:02:19 pm

Hi
It all depends on the amount of turnover you can achieve, its more expensive to run a limited company if you are a small business but there are tax savings to be made if you have a larger turnover, when I reached £250’000 per year I registered as limited, but it is different now as the thresholds changed.

Hope this helps.

Steve