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Gabriel Nagy
Cleanitup Full Member
Posts:
86
Self-employed or LTD?
«
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
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Carpet Cleaning St Albans
End of Tenancy Cleaning St Albans
https://www.hertscarpetcleaning.com
steve scotter
Cleanitup Full Member
Posts:
57
Re: Self-employed or LTD?
«
Reply #1 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
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Steve Scotter Tech IOSH
IOSH Registered Health and Safety Technical Practitioner
www. mould-detectives.co.uk
www. extreme cleaners training.co.uk
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Clean It Up
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Self-employed or LTD?