1 limited company with 2 fee-earning employees vs. 2 separate companies

[Parmesan]

What does your accountant suggest?

I'm still waiting a response from him

Meanwhile, I would like to have different points of view.

[fool]

I'm still waiting a response from him

Meanwhile, I would like to have different points of view.

Mines said bung it into one and I did.

[Contreras]

Well if people are bothering to search ...

VAT - You would probably both be VAT registered anyway so the VAT threshold is not an issue. Flat rate scheme can easily work - use different rate for each different income stream.

This is no longer the case (assuming it ever was).

"Choose the sector for which your business gets the greater part of its turnover. Do not split your turnover, or apply more than one percentage." - VAT Notice 733

[Underbase]

Remember also for the FRS that to initially qualify your expected turn over should be 150k. However the limit before you have to exit is 250k I believe.

[pr1]

Remember also for the FRS that to initially qualify your expected turn over should be 150k. However the limit before you have to exit is 250k I believe.

230k
https://www.gov.uk/vat-flat-rate-scheme/eligibility