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So as an author, if I get sued it's the company that gets sued and not me personally. I spent a long time weighing up the options between sole trader and limited company (not least by discussing it on here) and opted for limited company in the end.
So invoicing through the company keeps it...
Because it's not strictly company business, it's Uni lecturing.
I don't pay myself a salary through the company, no, not earning enough for that. I am taxed as a company director but am not exceedig my personal tax limit atm.
I'm interested in hearing what people have to say about this...
Hi again everyone, long time no see! No I'm not a multi millionaire best selling author just yet but I'm now writing my third novel and my books are still selling so we're going in the right direction!
Anyway I've got a tax query for anyone who can help. I've been offered some lecturing work...
I wrote it. It's published. It's called My Adventures in Cyberspace and is the story of how we met. I'm half way through writing the sequel to be published next year.
Thanks. Annual return is done, did the HMRC starting trading one last year.
I think I can sort this out now so thanks...
Cheers Nicola HJ :)
All this is useful, thanks Wild Goose. I just got married last week and organising the wedding has taken a huge chunk out of my life recently (which is why I put it off for 8 years in the first place to be honest.) So sorting out this accountancy / book keeping issue has...
I think I'm going to go down the route of doing my (very basic and simple) books myself using KashFlow then sending the reports off to an accountant.
I've approached the book keeper asking if they can do a fixed rate and they've deliberately avoided answering the question, just saying it is...
Amen to that. Wise words. Someone's got to be holding the ropes...
LOL at the description :)
This sounds like sound advice in a nutshell. I've been feeling very uncomfortable with the "Just send us everything, we'll sort it out then charge you hourly" approach. It may be completely fair, but...
Hi Jenni and thanks. I had no idea how little I knew about all this until now. At least I know a few questions to check with the book keeper before I proceed...
Thanks Williams Lester - the answer is, no idea. I will ring them. Thanks Blackberry, ditto, I'll ring them.
Thanks elainec100 that is extremely helpful. I need to talk to the book keeper and find out exactly what they're going to be doing. When I last asked them what they needed they just...
After reading loads and posting on a few threads on here when I set up the business, I came to the conclusion that I didn't need an accountant at this stage.
Thanks for the advice re KashFlow - I think I'll try their free trial just to get my head around this. However if I choose to use...
My Ltd company was formed in August 2008 and I am preparing to send information to my book keeper for the first tax return. She did give me a prep talk last year on what to send but I'm still very confused and want to try and pay her the respect of at least having an idea what I'm doing before I...
I've recently stumbled across a blog by designer Karen Mahony (a Royal College of Art MA graduate), who with her design partner Alex Ukolov, runs Baba Studios in Prague, and wanted to recommend it for the incredible business advice it gives. No nonsense, unpretentious and personal. It's called...