Tax Advice for Employed and Self-employed
We regularly get asked how to structure a business if you’re employed and also self-employed.
One option which is popular is opening a limited company rather than being self-employed. The one thing that a lot of people don’t do is take advice before opening the limited company. This is the best time for advice though.
There are many questions that need answering such as:
- Do I need a limited company?
- What are the benefits of a limited company?
- Will there be more admin work?
- Are there different procedures to follow?
- Are additional costs involved?
The main two top questions can not be answered without getting to know you, your personal circumstances and your plans. This factors will have a massive affect to the advice given and could save you a fortune. It could also save you the hassle of running a limited company if you don’t need to.
Speak to us today for some tailored tax advice that will really help.