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Clive McDonald

Ltd company
« on: April 25, 2007, 10:28:15 pm »
For us small fry what are the pros and cons of being limited?
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Pittmonkey

  • Posts: 1097
Re: Ltd company
« Reply #1 on: April 25, 2007, 10:57:57 pm »
Hi VGS

This will give you some info on different business structures.

http://www.businesslink.gov.uk/bdotg/action/layer?r.l1=1073858805&topicId=1073865730&r.l2=1073859131&r.s=tl

Hope this helps

Wayne

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'Success is buried in the garden of failure'

Ian Lancaster

  • Posts: 2811
Re: Ltd company
« Reply #2 on: April 26, 2007, 03:37:07 pm »
Quote from: VGS on April 25, 2007, 10:28:15 pm
For us small fry what are the pros and cons of being limited?

Pros: none

Cons:  lots

I went Ltd when Gordon Brown announced anyone who did could hav the first £10,000 of profit tax free.  The next year he changed his mind, and so did I - I de-registered ::)
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