Recent content by 200386

  1. 2

    Sole Trade -v- Limited Company

    Yes, three clients coming from other accountants (like yourself) a year that have been investigated and been asked to pay large tax bills! I think one is too many, as accountants should never let this happen to their clients. There is no need for sarcasm either, this is a serious forum trying to...
  2. 2

    Sole Trade -v- Limited Company

    Accountants recommend the ltd company option for a) the limited liabilty aspect and b) to save tax. Accountants also charge ltd companies more on the assumption of saving the directors tax. As the ltd liability aspect is becoming very academic these days, I can only conclude that the whole...
  3. 2

    Sole Trade -v- Limited Company

    All I can say is that every year, I get at least 3 clients coming to me from other accountants complaining that they had to pay a huge tax bill, because their accountants recommended the ltd company route together with the salary/dividend mixture of remuneration and the taxman has disallowed the...
  4. 2

    Are you a green/eco/fairtrade bizz? Post here to say hello

    :D:D And I'm Green 2 --- with green smiles !!!
  5. 2

    Sole Trade -v- Limited Company

    Unless the paperwork on the dividends are flawless and the payments are processed correctly, they will be disallowed.
  6. 2

    Sole Trade -v- Limited Company

    Are you serious???
  7. 2

    Sole Trade -v- Limited Company

    Since the £10k zero tax band was taken away from small ltd companies, it is better for most small businesses to be sole traders or partnerships (unless the ltd liability is a big issue). It is very easy to tell clients to take a small salary and the rest as dividends, until the taxman comes...
  8. 2

    Sole Trade -v- Limited Company

    Unless the limited liability is needed for the business, it is better to take the sole trader option, as it would mean: 1. Less beauracracy (with ltd company you have to deal with Companies House and HMRC). 2. Flexibilty for drawing money out of the business (without having to worry about paye...
  9. 2

    What will difference will President Obama Make?

    Obama as the President will be very symbolic, but sadly the dictatorship will go on. Robin
  10. 2

    New Car Sales September

    It is interesting that Jaguar is up by 3.5% and Jeep down by 61%!
  11. 2

    Dragons' Den "Outside the Den" BBC2

    Yes, it was interesting. I agree with the others that it lacked vital details.
  12. 2

    Knowing the mind of God

    I think we are in a big test tube and being experimented on.
  13. 2

    Cash flow Projection

    Hi You should include the VAT payments in your cash flow projection, as you are showing the movement of cash within the business. VAT payments are excluded from profit projections. Usually the figures on the cashflow projection and profit projection do not match, as the profit projection...
  14. 2

    PayPal, Google Checkout or Nochex?

    I am very pleased with the service from Paypal.
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