Autumn statement - end of VAT flat rate scheme?

[Major Hassle]

I spend £2-3 on lunch, walk to the client office, they provide a company phone and FYI you can't expense a tv.

Ltds still might make sense for people that have high travel and accommodation expenses and are still within the 2 year rule.. but not for everyone else. Unless someone here can tell me something I don't know?

Well for someone with a £20k pa. dividend tax bill to service...For me I can leverage the Ltd. to minimise my overall tax exposure by income splitting which is worth far more than the bonus FRS..

[Alan @ BroomeAffinity]

I spend £2-3 on lunch, walk to the client office, they provide a company phone and FYI you can't expense a tv.

Ltds still might make sense for people that have high travel and accommodation expenses and are still within the 2 year rule.. but not for everyone else. Unless someone here can tell me something I don't know?

There's more to a limited company than expenses and frs. Shareholding, income deferral, £5k tax free dividend. Admittedly it's less attractive now than it was on Tuesday but it still works.

[blackeye]

There's more to a limited company than expenses and frs. Shareholding, income deferral, £5k tax free dividend. Admittedly it's less attractive now than it was on Tuesday but it still works.

Do you have any figures? Based on £500/d 46 week pa

Shareholding means nothing to contractors as the company value will never increase..

[Major Hassle]

Do you have any figures? Based on £500/d 46 week pa

Shareholding means nothing to contractors as the company value will never increase..

Ru serious? .....

[blackeye]

Ru serious? .....

Fo real.

Is your one share in major consulting worth any more now than when you created the company?

[northernladuk]

Fo real.

Is your one share in major consulting worth any more now than when you created the company?

Mine is. It owns a shed load of money.

[blackeye]

Mine is. It owns a shed load of money.

Do you think anyone would buy shares in your company if they had a chance?

How much do you think they are worth?

[MrMarkyMark]

Fo real.

Is your one share in major consulting worth any more now than when you created the company?

I really, really, hope so

[blackeye]

My point is shareholding is not a valid argument. Retained earnings are not reinvested in stock. We don't create value.

Profit is retained for tax purposes.

[northernladuk]

My point is shareholding is not a valid argument. Retained earnings are not reinvested in stock. We don't create value.

Profit is retained for tax purposes.

Mine is retained to offset cash flow issues.