sham
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LTD Or Self Emoyed.
HI, Everyone, not sure about best course of action. I've taken a full time job, (On the books) and I want to continue doing small jobs on the side (stay NICEIC registered). I am both Self Employed and LTD. I've spoken to the accountant, he said it's your call. If I close my LTD, I have to pay a tax when withdrawning my money.
I was aiming to keep my Self Employed status. Because I feel it comes with less admin and I won't be making much money.
It may sound silly but just paying the accountant for filing LTD business accounts is a chunk out of my profits.
PS, I am not business minded. I don't understand this tax stuff , just want things to be easier and simpler.
Please advise. I have untill next week to decide.
HI, Everyone, not sure about best course of action. I've taken a full time job, (On the books) and I want to continue doing small jobs on the side (stay NICEIC registered). I am both Self Employed and LTD. I've spoken to the accountant, he said it's your call. If I close my LTD, I have to pay a tax when withdrawning my money.
I was aiming to keep my Self Employed status. Because I feel it comes with less admin and I won't be making much money.
It may sound silly but just paying the accountant for filing LTD business accounts is a chunk out of my profits.
PS, I am not business minded. I don't understand this tax stuff , just want things to be easier and simpler.
Please advise. I have untill next week to decide.
