I've taken a short poorly paid gig for month to get off the bench. It may go on longer and may not. Is it worth starting up a ltd co with monthly accountancy fees? If I dont get anything else after the months out I will be throwing money at a ltd co which isn't trading. The pimp suggested I go through their 'approved' umbrella but if I do that and then start a ltd co further down the line could that be a flag for HMRC?
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worth starting a ltd co.?
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Originally posted by hgllgh View PostI've taken a short poorly paid gig for month to get off the bench. It may go on longer and may not. Is it worth starting up a ltd co with monthly accountancy fees? If I dont get anything else after the months out I will be throwing money at a ltd co which isn't trading. The pimp suggested I go through their 'approved' umbrella but if I do that and then start a ltd co further down the line could that be a flag for HMRC?"Being nice costs nothing and sometimes gets you extra bacon" - Pondlife. -
Why oh why do people not think about what they are about to ask and if it might have actually been asked a million times. If so then maybe... just maybe... a search would pull up all the answers.'CUK forum personality of 2011 - Winner - Yes really!!!!Comment
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Originally posted by northernladuk View PostWhy oh why do people not think about what they are about to ask and if it might have actually been asked a million times?
Drivelling in TPD is not a mental health issue. We're just community blogging, that's all.
Xenophon said: "CUK Geek of the Week". A gingerjedi certified "Elitist Tw@t". Posting rated @ 5 lard pointsComment
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Originally posted by DaveB View PostUmbrella's a perfect for this sort of short term gig. No reason at all why Hector would show any interest in you setting up your own ltd later.
I imagine you'd have a hard time finding an accountancy provider that would happily setup the Co for you, take 1 month's fee payments, then have you disappear.Comment
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Originally posted by hgllgh View PostI've taken a short poorly paid gig for month to get off the bench. It may go on longer and may not. Is it worth starting up a ltd co with monthly accountancy fees? If I dont get anything else after the months out I will be throwing money at a ltd co which isn't trading. The pimp suggested I go through their 'approved' umbrella but if I do that and then start a ltd co further down the line could that be a flag for HMRC?Comment
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thanks guys. i did a quick search but it is a specific querstion regarding length of contract and when it is worth opening up your ltd co. most other posts about brollies focus on which one to go for. lloks like i'll go for the brolly on this one.Comment
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The other option is to go self employed then you just declare it in your tax return. Or not if you want to risk it.Comment
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Originally posted by saigon triumph View PostThe other option is to go self employed then you just declare it in your tax return. Or not if you want to risk it.
Why not just ask for cash.
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Originally posted by saigon triumph View PostThe other option is to go self employed then you just declare it in your tax return. Or not if you want to risk it.Comment
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