Originally posted by Parisno
FWIW even for 3 months consider incorporationg. Total costs would be around 1250 for a years trading. You'll get 250 back from IR if you file PAYE returns on line, also if you register for the flat rate vat scheme you'll get about 2% of turnover back. Lets say 25k @ 2%. = 500 quid.
So overall your costs of being LTD are likely to be lower than an umbrellas commission. It doesn't really take very long. I doubt it takes any more real effort than a brolly.
Comment