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Default 20-03-2018, 12:23 PM

An hour ago I received confirmation that my company is now incorporated.

So I'm now the proud director of a dormant limited company.


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(#162)
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Default 21-03-2018, 08:23 PM

Im around £200 a month, though I know him personally so thats mates rates.
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Default 21-03-2018, 11:40 PM

Quote:
Originally Posted by BroadswordWSJ View Post
Im around £200 a month, though I know him personally so thats mates rates.
Fuck me, that's quite an expense.

I'm ambitious as fuck but I reckon 200 quid a month would be a pretty high cost to be forking out, at least initially.

I thought something like 20 quid an hour as appropriate. For whatever number of hours it takes, each time I need her.

Maybe I'm underestimating the outlook but I didn't think I'd need an accountant that much.


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Default 22-03-2018, 05:03 AM

I hope that company's not registered to your home address! Make sure there's as little as possible at companies house for people to be able to find you!
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dan300 (22-03-2018)
(#165)
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Default 22-03-2018, 08:57 AM

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Originally Posted by ephemeris View Post
I hope that company's not registered to your home address! Make sure there's as little as possible at companies house for people to be able to find you!
It is actually. Although it's dormant at present so that currently doesn't matter since nobody will be looking for it.

I wasn't too concerned about my address being on companies house, I'd be more worried about it being on Amazon. Additionally, since I'm renting off a housing association, should I be informing them of my plans despite me having no plans to trade from my address?

By the time I'm trading I'll hopefully have a PO box or a seperate business address. Speaking of which, what's the easiest & cheapest way to get a seperate business address?


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Default 28-03-2018, 12:06 PM

Yeah, what's that kid on about? It's not like they'll have any real difficulty finding you if you register the business to a different address. I've had an earnings attachment before and, from experience, i can state - that's simply not how it works.


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Like a stray bullet, you niggas misled
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Default 28-03-2018, 06:33 PM

Quote:
Originally Posted by dan300 View Post
Fuck me, that's quite an expense.

I'm ambitious as fuck but I reckon 200 quid a month would be a pretty high cost to be forking out, at least initially.

I thought something like 20 quid an hour as appropriate. For whatever number of hours it takes, each time I need her.

Maybe I'm underestimating the outlook but I didn't think I'd need an accountant that much.
He works self employed at the umbrella company I contract to my client to. He does the books every month which is just my standard day rate x20 minus my basic wage & dividends so that part doesn't change much unless I do overtime. But he's also at my beck and call for advice or administering random stuff like expenses for travel, stationary, car etc or whatever I write off against the business - so the fee is basically to have him available 24/7 rather than wait for ana appointment. It doesn't cost me that much more when you consider just an email or a 5 minute phone call can be automatically invoiced by him to me as an hours work & its less than a day of the companies consulting fee so I don't really notice it. Obviously the big work for him comes when submission for the tax year is coming me around, advising me how much money tokeep behind to pay the various tax bills, holiday pay etc.

Last edited by BroadswordWSJ; 28-03-2018 at 06:38 PM.
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(#168)
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Default 28-03-2018, 06:36 PM

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Originally Posted by ephemeris View Post
I hope that company's not registered to your home address! Make sure there's as little as possible at companies house for people to be able to find you!
What you on about & unless your a tax dodger why would it be a big deal if someone "finds you"? My company is registered tomy home address and always has been, as is all my friends who do this. Its extremely normal.
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kowalski (28-03-2018)
(#169)
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Default 28-03-2018, 07:38 PM

'Stationery' #justsayin


Peace,

kowalski


Like a stray bullet, you niggas misled
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(#170)
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Default 28-03-2018, 08:14 PM

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Originally Posted by kowalski View Post
'Stationery' #justsayin


Peace,

kowalski
Every little helps, Im not going to argue.
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