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Recent content by aaru
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Putting funds aside for company year tax returns - 1/4th of earnings is OK or 1/3rd?
Thanks Danbro, That is really helpful.- aaru
- Post #3
- Forum: Accounting / Legal
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Putting funds aside for company year tax returns - 1/4th of earnings is OK or 1/3rd?
HI, My ltd company’s first company tax year is due in couple of months. I am putting funds in to reserve for tax returns. Some suggested that ¼th of earnings is fine and some suggested it is better to keep 1/3rd of earnings. Which one is correct? Thanks for any help or advice in advance. -BA- aaru
- Thread
- Replies: 3
- Forum: Accounting / Legal
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Two bank accounts for Ltd company. Any good?
33%? my thought that 25% should be fine...- aaru
- Post #8
- Forum: Accounting / Legal
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Two bank accounts for Ltd company. Any good?
Thanks Just1morethen. That was helpful. I guess I will keep this bonus account.- aaru
- Post #4
- Forum: Accounting / Legal
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Two bank accounts for Ltd company. Any good?
Is it any good having two bank accounts for limited company? I sent an application to one of the high street bank to open business-banking account. Bank opened two accounts; one current account and another business bonus reserve account! This second is not used from last one year. My...- aaru
- Thread
- Replies: 11
- Forum: Accounting / Legal
