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  1. #1

    Nervous Newbie


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    Aug 2015
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    Default private ltd company

    Hi all i was just wondering is there a threshold for turn over to be registered a ltd company i been told there is looking at about 30000 a year

  2. #2

    Default

    No there is no threshold to set up a Ltd company.

    The figure you are quoting is possibly when it becomes more tax efficient in comparison to going via an umbrella company.

  3. #3

    My post count is Majestic

    northernladuk's Avatar
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    Default

    Kenny is correct. There isn't any benefit to a ltd when you are below that threshold or there about. You could argue the slight savings of going ltd a bit above this are outweighed by the time and effort required as well.

    Saying that we've been quoting that figure for at least a year or two now. Be interesting to know if any changes over time have affected that figure.
    'CUK forum personality of 2011 - Winner - Yes really!!!!

  4. #4

    Still gathering requirements...

    Wijay@WISAccountancy's Avatar
    Join Date
    Jun 2015
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    Default

    Quote Originally Posted by cc69 View Post
    Hi all i was just wondering is there a threshold for turn over to be registered a ltd company i been told there is looking at about 30000 a year
    No such limit. Interested to know who told you...

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