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Let me hijack the thread. :talk: I'm looking at the insurance options as well and I wonder is it worthed to have TLC in your first year of your company formation? QDOS Tax Liability Cover (TLC35) with limit of £25k costs £199.00
Hi all,
I am about to open my company and I am bewildered by all the different VAT schemes. I am an IT contractor and I will not have many expenses going through the company, maybe £2-3K per year for travel and sustenance, a new laptop for £1.5K, maybe a new desktop ~ £500.
Is it better to be...
What do you guys think about this arrangement:
Dividends to be paid: £70,000
Spouse
No salary paid
Shares: 1 [10%]
PAYE Income: £32,464
Dividends: £12,536
Breakdown:
Director
Director Salary: £8,164
Shares: 9 [90%]
Dividends: £36,500
Private pension: £21,000
Breakdown:
Total taxes...
Hello,
I am planning to incorporate a LTD next month and I need an advice on the company structure:
That's the plan:
Director[50% shares]:
Profile: Senior Automation QA
Desired daily rate: ~ £350-£500
Target anual income: ~ £90,000 - £100,000
Director salary: £8,150
Secretary[50%...
Hi all,
As a newbie and contractor wannabe I have a [maybe] weird question.
Can I get a buy-to-let flat via my own limited company and rent it to myself considering the fact that I don't have long-term plans to settle in UK?
The basic math is as follows:
* £300,000 flat in London
* 30Y
* 3%...