Originally posted by systemv
BTW there are 4 types of Co Names to search for on the Co House site, 1 checkbox at a time. If the name was ever registered, basically you can't use it.
There is more than Ltd Co registration: if anybody else is already trading under that name, even without a Ltd Co by that name, they may be able to stop you, even later. It's not as simle as buying a Ltd Co and then it's yours.
How are you going to take the money out? If it's by paying yourself a salary, then you must pay tax as you go along. It's called PAYE. You must pay tax at first not according to what your ultimate liability will be (like 0 if you don't make enough over the year) but accourding to your current tax code.
If you work through a Ltd Co then it is a legal entity distinct from you, and the money it handles is not yours. The company has to give it to you, by one of the legal methods.
If on the other hand you work self-employed, then whether or not you have registered a Ltd Co is irrelevant, you're working self-employed and not through the Ltd Co.
You probably need help, and more than I can give.
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