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contink, No disrespect to bookkeepers but they're not really qualified to give advice, they're there to make sure your records are up to date.
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Contink, Not all accountants cost that much. Especially if you keep good records in the first place. A Limited Company can save you a lot in tax if you speak to the right accountant. You can claim a lot more under a limited company than you can as a sole trader. Also a limited company is a seperate legal entity so unless you provide a personal guarantee to any loans, if the limited company goes belly up for whatever reason, your personal assets cannot be touched, unless it can be proven you've acted improperly. I see the same arguments all of the time from people who started out not engaging an accountant and then realised it was a false economy not having one. Yes spreadsheets are all fine and dandy if your accounting is simple. But can be prone to errors which may not be picked up. As for artificially keeping the turnover low to avoid VAT registration is playing with fire. BTW the threshhold is now £73k. Sure there maybe an administrative headache, but worth it for the tax savings. Speak to an accountant for them to advise on the best structure for your company.
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The same can be said for setting up a Limited Company, however the risks are reduced if the business fails. Not all businesses have high startup costs, depending upon what you sell or what services you provide, could cost you next to nothing.
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You should be able to see the FTA channels.
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Excellent tech support conversation I had today / getting Kies to work
wizzard replied to theriver's topic in General Chat
I never knew that RFCs are great -
Excellent tech support conversation I had today / getting Kies to work
wizzard replied to theriver's topic in General Chat
Hmm never heard of "feather" packets before Really some people they hire as tech support in some places beggars belief. -
Excellent tech support conversation I had today / getting Kies to work
wizzard replied to theriver's topic in General Chat
Methinks Tim needs some re-training. -
Then wait until he gets to the leg humping stage, you may need a crowbar to get him off
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I take it you grip it like a joystick?
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Now that's an episode of "Will it Blend?" I'd love to see. joking, I don't really want to se humans being blended.
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I've seen what post it's for. Not worried about neg rep, just saying it as I see it.
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Dunno, I can't seem to find where you can view rep comments.
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It looks like I got a neg rep after I'd posted that, some people really need to grow a thicker skin. If we all went round chanting "kumbyah" then life would be boring

