Limited Company Advice
In this section you will find a number of hints and tips that will help you when working via a Limited Company.
If you have any questions please call 01442 759100 or email Sophie.firstname.lastname@example.org
Moving from Self Employed to Limited
Self-employment as a sole trader is the first step that many contractors take when working for themselves. It’s simpler, especially in terms of your responsibilities and administration, and easier to juggle alongside permanent employment.Read MORE
Should I set up a Limited Company?
Being a sole trader is the most common way to operate a fledgling business. However, as a freelance business grows, it’s likely you’ll be better-served setting up a Limited company. This quick guide gives a run-down of the benefits of doing so.Read MORE
Limited and Umbrella Take Home Pay
Operating through an Umbrella company or as Director of your own Limited company is one of the first choices any professional contractor will make. This article will focus on what you can expect out of your take-home pay between the two options.Read MORE
Management Consultants – A Guide to Going Limited
Discover how to become a management consultant. Why you should go limited, how you can find work and more in this easy to read guide.Read MORE
Contracting through a Limited Company
The finer details of tax planning are what you hire an accountant for – you are not going to be the one sitting down with a calculator, to work out the optimum way to split your income, across your tax allowances. So what does running your own Limited Company actually involve for you?Read MORE
Choosing a Limited Company Name
Before you can form a Limited Company, you will need to choose a name! That might sound easy, but there are a number of things you will need to consider.Read MORE
How to Take Money out of a Limited Company
So you’ve secured your first contract, raised your invoices and the money’s starting to roll in to your company bank account. Great! Now how do you get it out of there?Read MORE
Limited or Sole Trader?
This is one of the most common questions we get asked – and the answer is different for everybody. Depending on your personal circumstances, you might be better off as a sole trader or as Director of a Limited Company.
Your income is a key determining factor, but it is also worth considering your appetite for risk, your future plans for your business and the amount of administration you are happy with.Read MORE