Hey all
Firstly thanks for replying to my other thread asking about payee and if any of you that are ltd do not use an accountant, the replies where very helpful and have lead me to this new question
I went Ltd in May and did that myself and since then have worked a contract and now have 18k in a business account for the company. As there was initially no money in this account I paid for the expenses of the contract from my personal savings but naturally kept all petrol VAT receipts etc. So now the time has come to pay myself I asked here about PAYEE and got recommended to use an accountant, I'm wondering when is best to do this? I could survive off savings to later in the year if that reduces accountancy fees for the year or should I have done this already ?
Thanks in advance for your replies.
Andy
Firstly thanks for replying to my other thread asking about payee and if any of you that are ltd do not use an accountant, the replies where very helpful and have lead me to this new question
I went Ltd in May and did that myself and since then have worked a contract and now have 18k in a business account for the company. As there was initially no money in this account I paid for the expenses of the contract from my personal savings but naturally kept all petrol VAT receipts etc. So now the time has come to pay myself I asked here about PAYEE and got recommended to use an accountant, I'm wondering when is best to do this? I could survive off savings to later in the year if that reduces accountancy fees for the year or should I have done this already ?
Thanks in advance for your replies.
Andy
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