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Hi All.
I run a Limited Company here in the UK. I have been offerered what seems like a lucrative 3 year contract in Norway.
Can i operate my Limited Company there?
Can anyone advise what is the best (most tax effecient) way of operating there?
How much of my day rate can i expect to lose in...
Hi
Appreciate any help here, I am currently working on a contract in France.
To date I have been running my accounts (Limited Company) just billing for all expensed food etc. I believe I can claim a flat rate subsistance allowance instead of collecting food, laundry and meal receipts etc. Any...
I Already asked her the question (over a week ago) alas no response! And its all a learning curve, and self employment happened for me very quickly 'forced'. hence im still playing catch up.
I am not currently on a pay role, though I will need to start paying some dividends and salary soon (a small one of course).
Umm, seems I need to get the accountant earning her keep!
Great site by the way, lots of info on subjects that i didnt even know where subjects :bang:
I have employed an accountant but shes not killing herself with pro-activity! Im overseas so its difficult just to knock on her door. I am all over the legit expenses etc.. But I see this matter needs some input from her sooner rather than later.
Cheers
Notascooby, That is correct; I understand that VAT will need to be paid as it becomes due (together with any income tax and Corp tax due from dividends). I was hoping to build up a cash pile within the business (over a few years) without paying Corp tax on it. And then use the Cash pile to...
Hi Thanks for your reply; so to be sure, I wont pay any corporation tax on the 'retained profit' unless I try to take it out of the business via salary or dividend.
Many Thanks
I am building up a cash 'reserve' in my LTD company. If I leave cash in the business and have my end of year accounts closed out, will the reserves be seen as profit and therefore be liable to tax (corporation tax) or can it sit there for a few years so that I can increase it for use as part of...