Recent content by Coco0k

  1. C

    Two companies trading under one website

    Oh yes that is something to consider. Thank you for that. Is the original idea/concept fine though?
  2. C

    Two companies trading under one website

    No tax avoidance. If I make something 100% then I dont see why I should split the profit with someone else that has done nothing to contribute to the product. Profit would be taxed under company 2 as all the costs to make it are under company 2. Its just sold via company 1 website Sort of like...
  3. C

    Do i require a bank account for each trading as name under a LTD?

    Hi, I already have a LTD company with its own bank account. I want to start another business but rather the incorporate another company i want to run the business as xyz ltd trading as New company. Do i need a new bank account for this additional trading name or can i use the same bank account...
  4. C

    Two companies trading under one website

    Hi, Can i sell items made with business partner under company 1 which is spilt 50:50 under a website and also sell items i make by myself under company 2 which is also sold via the same website 100% me. The website is run by company 1 So when a customer purchases an item made by company 2 via...
  5. C

    Can we accept orders through a LTD and invoice the LTD as a sole trader for work completed?

    Thank you! I've just read a bit about the LLP and it sounds perfect! I met with accountants and they never mentioned this type of structure even though it's exactly as I've described Thank you again!
  6. C

    Can we accept orders through a LTD and invoice the LTD as a sole trader for work completed?

    Well in this day where ppl sue for any reason we just want our own personal effects and family to not be impacted. A LTD would provide this. We are not trying to scam anyone or the gov. We just want to use the wesite to sell our products
  7. C

    Can we accept orders through a LTD and invoice the LTD as a sole trader for work completed?

    We just want to sell our product via a limited company so we have the legal protection of a limited company. The additional cost to run a LTD is fine. I think we've just got used to working this way and it works for us.
  8. C

    Can we accept orders through a LTD and invoice the LTD as a sole trader for work completed?

    Yes, so a portion of sales would remain in LTD to cover LTD expenses. The unit is to store completed plates to be packaged and posted or collected by customer. They take up alot of space hence the unit.
  9. C

    Can we accept orders through a LTD and invoice the LTD as a sole trader for work completed?

    We work from home. He buys the materials and tools to make the plates etc. I buy the material and tools to decorate the plates. We have all the tools required and they have been purchased already under the sole trader so it's the materials that are purchased when required to complete orders. So...
  10. C

    Can we accept orders through a LTD and invoice the LTD as a sole trader for work completed?

    At the moment it's just the LTD.
  11. C

    Can we accept orders through a LTD and invoice the LTD as a sole trader for work completed?

    Both would be shareholders. Both I guess would be directors. The company has not been formed as yet.
  12. C

    Can we accept orders through a LTD and invoice the LTD as a sole trader for work completed?

    If a Customer orders a plate via LTD. The LTD pays Sole Trader 1 to make plate The LTD pays Sole Trader 2 to decorate the plate The Ltd company ships the plate to the Customer. The sole traders would issue a invoice/receipt to LTD LTD issue receipt / invoice to Customer This is the jist.
  13. C

    Can we accept orders through a LTD and invoice the LTD as a sole trader for work completed?

    Hi, A friend and I started a business making personalised plates. He makes the plates and I decorate them. We have been splitting sales and looking after our own expenses and filing self assessments etc. We want to expand and want to form a LTD but we like having our separate setup and the LTD...
See more
Top Bottom
Community
Articles
Menu