Recent content by PDM31

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    Working inside Limited Company whilst bankrupt

    I was made bankrupt last year due to personal guarantees I signed on loans for my Limited Company which has since been dissolved. I've been doing some work on behalf of my Father's Limited company on a self employed basis, on and off since last year. Things like setting up systems for him...
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    Tax implications for sub contracting work but customer pays us

    Thanks for your reply everyone. Great point Frank and something I hadn't thought about. It's probably going to be a lot easier trusting them instead. It's not that I don't trust them, but working with 50-100 of them it's probably going to happen at some point. I know my wife goes into salons...
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    Tax implications for sub contracting work but customer pays us

    Yes but I'm talking from a tax perspective. Our revenue is going to increase substantially so I assume we'd have to go VAT registered. Just wondering on the pros and cons of doing it this way.
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    Tax implications for sub contracting work but customer pays us

    Make it clear to who and how?
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    Tax implications for sub contracting work but customer pays us

    I run a company whereby we pay for adverts and attract customers for our clients. We then send these leads to our clients who go and quote for the job at their house. We then get charged a % of the sale. In order to track correctly and make sure the sub contractor isn't lying to us about jobs...
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    £15k a month into my bank after tax from Limited Company

    If you've got nothing constructive to offer the conversation stop wasting my valuable time and others.
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    £15k a month into my bank after tax from Limited Company

    I've been involved in various businesses since 1998. If you have the mindset of money is hard to earn you won't earn much. Simple as that. I'm friends with people who do similar things to my business and they are earning £30,40, 50 grand a month. One of my friends is doing £100k a month. Just...
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    £15k a month into my bank after tax from Limited Company

    Yes don't even where to start with that. My business is 100% online. So not sure who gets what tax depending on where I am.
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    £15k a month into my bank after tax from Limited Company

    I'd still be paying personal tax on £180,000 though wouldn't I.
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    £15k a month into my bank after tax from Limited Company

    Yes the same furlough and BBL that I wasn't entitled to 6 months ago after probably paying £2m in tax over the last 15 years. I don't see how tax is ever a nice problem to have. I resent the fact that i get off my own backside and creative jobs and income and have to pay so much tax so others...
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    £15k a month into my bank after tax from Limited Company

    That you did!
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    £15k a month into my bank after tax from Limited Company

    I didn't say illegally I said creatively. Grass.
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    £15k a month into my bank after tax from Limited Company

    Thanks. Sorry I asked now! Ridiculous amount of tax. I'll get it out a different way then! Creatively!
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    £15k a month into my bank after tax from Limited Company

    Wouldn't it better to take as a dividend?
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    £15k a month into my bank after tax from Limited Company

    Yes I don't offer leads. I essentially attract clients using my own brand (inside their niche) then I qualify them with my own team and book them an appointment directly on the calendars of the businesses who've signed up for my program). If the client arrives for their appointment I get paid...
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