Recent content by richb330

  1. R

    PAYE and self employed tax query

    Hi all. I need some advice and wondered if anyone on here could help. I have had a ltd business for about 7 years and treated it as a part time job supplementing my PAYE income. It is registered with companies house and with the Flat Rate VAT scheme. I gave up my full time job around a year...
  2. R

    Anyone reccomend a good cloud backup service

    Crash plan works well for backups and has a bunch of features that work in the background, such as timed backups - performing backups at specific times of the day overnight for example. You can easily limit the amount of data consumed by the backups, so if you have a VoIP for you landlines you...
  3. R

    getting frustrated

    Keep going and don't give up. It sounds like you've spent a lot of time in getting to the point you are. Online is only one way of getting your name out there but i wouldn't put everything on it. You could learn a bit of SEO and most web hosting packages come with some. or PM some of the...
  4. R

    Looking for Shiva 3D developers

    Hi, you could try odesk-elance.com or freelancer.co.uk. Alternatively google Shiva 3d development. Good luck.
  5. R

    Tax liability - PAYE & Ltd Bus

    Many thanks for your prompt reply. To confirm, the tax liability on dividends for a higher rate tax payer is 25%, after 20% corp tax, therefore I pay 45% tax on money I make in the business that is transferred through dividend payment?
  6. R

    Tax liability - PAYE & Ltd Bus

    Hi, i'm looking for some information on dividend payments. I am full time employed (PAYE) at just over £50kpa. Just over a year ago I setup a Ltd company to provide my brother with IT support for his business. Profits obtained by the business only total around £2.5k for the year. I...
  7. R

    accountant or self submission?

    Hi All, i'm looking for a bit of advise; I started a Ltd company providing IT support & consultancy to 1 business last year. Turnover in year 1 was £8k with profits of £2.5k. This is supplementary to my 9-5 PAYE job. I looked for an accountant when i started the venture and settled on a...
  8. R

    understanding annual return information

    Hi, i'm struggling to understand the viability of a company from basic information provided on the annual return. If a company has £0 at the bank, liabilities worth £90k, net worth of £5k and assets worth £110k, what can you tell from this information? it seems to an uneducated sole as i...