Some other things to consider:
The flat rate VAT scheme can be an ~8% increase on your income (depending on the particulars).
You can use business expenses for consumables/accountant/equipment/office/travel/hotels/etc.
You personal liability will be protected in the event your LTD company gets into trouble.
would you recommend getting income protection and/or contractor sick pay cover?
© LFGSS, powered by microcosm.
Report a problem
London Fixed Gear and Single-Speed is a community of predominantly fixed gear and single-speed cyclists in and around London, UK.
This site is supported almost exclusively by donations. Please consider donating a small amount regularly.