Hello & Advice please!

Discussion in 'Introduce yourself' started by Hewitt84, Jun 14, 2016.

  1. RPB

    RPB Super Moderator Staff Member

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    After speaking to my accountant.., I decided to go the Ltd route.. There's pros and cons for sole trader or Ltd..
    As a director, I pay myself the minimum to use the tax threshold..., then make up the difference as a directors dividend (pay less tax)
    I spent ages researching what would suit me...
    VaT registered is my next step.., easy enough, for a small fee my accountant does everything...
    As I said, it took me 16 months of planning and aquiring tools of the trade.. There's no rush as you have a job.., so allowing you to grow at the speed that suits you..
     

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