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TinTin10 · May 16, 2017

Do any of the online accountants here offer a free initial consultation where they can advise me on what route to go down in forming a company i.e sole trader/ltd company?

threenine · May 16, 2017

I believe there is an accountant on here, @The Accountancy Lab maybe be able to help by answering questions on here.

There are also a number of threads on here, which may already have the answer you're looking for, as it is a question that is regularly answered on this forum

Failing that you can also search for articles on http://www.businesszone.co.uk/ as I can recall there are a number of great articles there too with probable answers to your question

@aiteoconsulting · May 16, 2017

Happy to help - please choose 'Let's Talk' or 'Let's Skype' from the options on this page and select an available 30 minute time slot at your convenience...

https://aiteoconsulting.co.uk/bookings/

Chart Accountancy · May 17, 2017

This is a fairly common dilemma, and you can ask questions on the forum, I am sure you will receive lots of free information. Generally, sole trader requires less administration, and if you expect high losses in the first year and you have had other income in the year already, there is tax advantage to set up as a sole trade as you can offset the loss against your other income where losses in a limited company can only be carried forward to offset against future profits. If you expect at least over £30K turnover, you would be looking at a limited company as you can have more tax planning options but you will have more filing requirements, and higher accountancy fee to cover this. A limited company could also provide the impression that your business is bigger than it is, it is a separate legal entity and your company name is protected as it needs to be registered with Companies House.

STDFR33 · May 17, 2017

Thank you for the mention @threenine

I am not sure what help I can give, however. The OP seems to have already chosen their business structure:-
http://www.ukbusinessforums.co.uk/threads/recently-set-up-ltd-company.370211/

TinTin10 · May 17, 2017

The Accountancy Lab said:
Thank you for the mention @threenine

I am not sure what help I can give, however. The OP seems to have already chosen their business structure

Thank you for the response.

As it is evident youve checked my previous posts, it wouldve been helpful if you had also checked the more recent thread I started in regards to a severance agreement because I maintaining my position in the company with my Father was no longer viable, given the friction it was causing between us, before you posted that somewhat odd response.

In light of your (clearly exhaustively thorough) diligence in checking historical details, Im afraid I am also not sure what help you could give.

But again, thank you for the response.

STDFR33 · May 17, 2017

@TinTin10 Rest assured, I didn't trawl through your previous comments.

I remembered your username and the thread, because I commented on the thread that I reference to.

Ian J · May 17, 2017

TinTin10 said:
In light of your (clearly exhaustively thorough) diligence in checking historical details, Im afraid I am also not sure what help you could give.

But again, thank you for the response.

Mr Accountancy Lab - I think that you've avoided a banana skin on this one

TinTin10 · May 17, 2017

The Accountancy Lab said:
@TinTin10 Rest assured, I didn't trawl through your previous comments.

I remembered your username and the thread, because I commented on the thread that I reference to.

Well I doubt you were able to flawlessly recall the link and type it into the address bar, so you mustve searched for threads id posted in some shape or fashion with the intent of posting that comment.

Maybe the words 'severance' mightve flagged up that you were being slightly hasty.
Maybe not.

Either way, doesnt exactly fill me with confidence.

But thanks for the response.

AllUpHere · May 17, 2017

TinTin10 said:
Well I doubt you were able to flawlessly recall the link and type it into the address bar, so you mustve searched for threads id posted in some shape or fashion with the intent of posting that comment.

Maybe the words 'severance' mightve flagged up that you were being slightly hasty.
Maybe not.

Either way, doesnt exactly fill me with confidence.

But thanks for the response.

Why the hostility? Those of us who spend a bit of time on this forum often recall past threads and sometimes build up a pretty good picture in our mind of many members.

As an example, if you were ever to send me a message asking for help with your marketing, I'd be sure to remember to delete it (based purely on this thread).

STDFR33 · May 17, 2017

Ian J said:
Mr Accountancy Lab - I think that you've avoided a banana skin on this one

Mr Ian - very true. I am glad that I only subcontract and don't take clients on

TinTin10 said:
Well I doubt you were able to flawlessly recall the link and type it into the address bar, so you mustve searched for threads id posted in some shape or fashion with the intent of posting that comment.

Maybe the words 'severance' mightve flagged up that you were being slightly hasty.
Maybe not.

Either way, doesnt exactly fill me with confidence.

But thanks for the response.

A little tip:
Google search -tintin10 company site:ukbusinessforums.co.uk

It is the first thread that comes up and is much quicker than thorough and exhaustive searching on this site.

TinTin10 · May 17, 2017

Why the hostility? Maybe because ive posted a thread asking for information about setting up a new company, and an accountant has not even had the common decency to respond to me directly, responds to another post basically saying ive no need to ask?

I get that you like to protect your own on here, but this type of faux-pas from a company seeking business is just bad practise.

I guess accuracy and measured responses are not important for your accountants, however id kind of prefer it.

And as for the marketing, if this is your skewed view of how you deal with prospective clients, im sure the message would never be there to delete.

But thanks for the response.

STDFR33 · May 17, 2017

For accurate and measured responses, perhaps you could thank and respond to the two accountants on the below thread?
http://www.ukbusinessforums.co.uk/t...ness-sole-trader-ltd-etc.373625/#post-2745346

All the best Tintin, I'm out.

AllUpHere · May 17, 2017

It's nothing to do with 'protecting our own' at all. I have no allegiance with any members on here. In fact, my opinion is quite the opposite, many members who have been on here for a while (and in some case ages) are usually only detrimental to the forum and are usually the ones who post with poor manners and a very hostile attitude.

This forum is the proverbial 'bottom of the barrel' when it comes to picking up clients, so us regulars need ways to separate the wheat from the chaff without wasting much time on the process. I think that was just what accountancy lab was trying to do. Whether that's right or wrong is a debate for another day.

TinTin10 · May 17, 2017

The Accountancy Lab said:
For accurate and measured responses, perhaps you could thank and respond to the two accountants on the below thread?

All the best Tintin, I'm out.

Christ alive.....you just compound rubbish one rubbish! Do those responses directly elicit replies? Neither offered their services, they just advised that I needed a more bespoke service where I would need to divulge sensitive information................hence this thread????????????? :-/

I think Ive formed as much of an opinion as il ever need as to the standard of your services @The Accountancy Lab ......its best we just leave it here I think.

Ian J · May 17, 2017

TinTin10 said:
I think Ive formed as much of an opinion as il ever need as to the standard of your services @The Accountancy Lab ......its best we just leave it here I think.

I think that most of the accountants reading this thread will have formed an opinion on the desirability of having you as a client so don't expect a lengthy queue at your door

TinTin10 · May 17, 2017

Ian J said:
I think that most of the accountants reading this thread will have formed an opinion on the desirability of having you as a client so don't expect a lengthy queue at your door

And if you could just remove tongue from bottom for 1 second.......thatd be great

Newchodge · May 17, 2017

Don't you just love it when new members post on the forum demanding assistance and then scream when they don't get what they expected for free in the first place.

TinTin10 · May 17, 2017

Newchodge said:
Don't you just love it when new members post on the forum demanding assistance and then scream when they don't get what they expected for free in the first place.

Your observational skills are consistent with that of Mr Accountancy Lab!

- Never demanded assistance from anyone
- Free initial consultations are pretty standard for the insurance industry
- Received numerous offers of assistance
- Didnt scream - just took issue with someones lack of common decency (no wonder you missed it)

One thing I had learned however is that Accountancy Lab must have an enormous bottom, or you and Ian J have ridiculously small tongues.

But thanks for the input.

STDFR33 · May 17, 2017

TinTin10 said:
my position in the company with my Father was no longer viable, given the friction it was causing between us

TinTin10 said:
And if you could just remove tongue from bottom for 1 second.......thatd be great

TinTin10 said:
One thing I had learned however is that Accountancy Lab must have an enormous bottom, or you and Ian J have ridiculously small tongues.

Looks like someone has daddy issues. That explains everything.

TinTin10 · May 17, 2017

The Accountancy Lab said:
Looks like someone has daddy issues. That explains everything.

Ahhhh paternal abuse insinuations!

What a consummate professional!

Please rest assured Mr Priestley, I will be leaving some gleaming reviews of your conduct on various feedback websites!

Energise Accounting · May 17, 2017

Setting up your business as a Ltd company is not necessarily a bad idea for the purposes of limited liability.

Most Accountants will offer a free consultation however, don't expect any meaningful advice until you sign up to their services.

TinTin10 · May 17, 2017

Accounts Network said:
I read the thread twice only to find no serious reason of this debate.

By the way, for me its a good practice to see the relevant past thread/ posts of OP so as to have some background before making an opinion of what exactly needs to be responded.

Completely agree.

However, if you do, its important to check thoroughly, not slapdash.

'Ive set up a ltd company thead' followed by 'personal severance advice' thread does not (at least to anyone with a reasonable understanding) indicate I have no need of asking this question as Im already using a ltd company structure.

Does not cease the amaze me how difficult people are finding this to understand!

Energise Accounting · May 17, 2017

As the business structure would be the main focus on the free initial consultation. The rest of the time is spent explaining the services various accountants offer.

My advice is phone up a few accountants and explain your requirements and you should get a feel if they are right for you.

AllUpHere · May 17, 2017

The Accountancy Lab said:
Looks like someone has daddy issues. That explains everything.

I think I'd like to change sides in this debate.

The unwritten rule of any forum is always that anyone who has to resort to personal insults loses by default.

Ian J · May 17, 2017

AllUpHere said:
I think I'd like to change sides in this debate.
The unwritten rule of any forum is always that anyone who has to resort to personal insults loses by default.

But prior to thatTin10 posted that "One thing I had learned however is that Accountancy Lab must have an enormous bottom, or you and Ian J have ridiculously small tongues" so he should have already lost using your logic

AllUpHere · May 17, 2017

Ian J said:
But prior to thatTin10 posted that "One thing I had learned however is that Accountancy Lab must have an enormous bottom, or you and Ian J have ridiculously small tongues."

I'm pretty sure that was a joke, a childish one granted.

STDFR33 · May 17, 2017

AllUpHere said:
I'm pretty sure that was a joke, a childish one granted.

'Jokes' work both ways

Newchodge · May 17, 2017

TinTin10 said:
And if you could just remove tongue from bottom for 1 second.......thatd be great

Might I suggest that this was, actually the first truely personal attack, although previous posts were pretty offensive.

Blue Rock Digital · May 17, 2017

I'm just here to read and smile

TinTin10 · May 17, 2017

Newchodge said:
Might I suggest that this was, actually the first truely personal attack, although previous posts were pretty offensive.

Would help if you could spell truly....

And theres a massive difference between making a comment that certain posters seems to have been up someones arse than it is to accuse someone that their Father abused them in some way......

I can see, from your previous posts why this may be lost on you, however.

Newchodge · May 17, 2017

TinTin10 said:
Would help if you could spell truly....

And theres a massive difference between making a comment that certain posters seems to have been up someones arse than it is to accuse someone that their Father abused them in some way......

I can see, from your previous posts why this may be lost on you, however.

It would help if you couId spell there's. I rest my case.

TinTin10 · May 17, 2017

Newchodge said:
It would help if you couId spell there's. I rest my case.

Theres a massive difference with missing an apostrophe out on a web forum message and adding an imaginary 'e' to a word you clearly do not know how to spell.

This forum would be much easier if everyone just took ownership of their mistakes, you know, like adult humans.......

Newchodge · May 17, 2017

I am probably just older (and obviously wiser) than you https://en.wiktionary.org/wiki/truely

Incidentally, you can't have a massive difference with. The correct grammatical construction is a massive difference BETWEEN. But I expect you knew that. Probably.

UK Contractor Accountant · May 17, 2017

Looks like the sun is over the yard arm- time for a little snifter.

Hostilities to resume at dawn.

Newchodge · May 17, 2017

UK Contractor Accountant said:
Looks like the sun is over the yard arm- time for a little snifter.

Hostilities to resume at dawn.

Thanks, mine's a g&t. What can I get you?

TinTin10 · May 17, 2017

Newchodge said:
I am probably just older (and obviously wiser) than you https://en.wiktionary.org/wiki/truely

Incidentally, you can't have a massive difference with. The correct grammatical construction is a massive difference BETWEEN. But I expect you knew that. Probably.

I know you may not have updated your skills since 'archaic' times.....or even have an idea of what 'archaic' means.....but check the current dictionary. Therein, you will find your answer.

And you can actually have a difference with. Sorry to, errrr, burst your bubble.

But, as always, thanks for the input.

Ian J · May 18, 2017

TinTin10 said:
Would help if you could spell truly....

And theres a massive difference between making a comment that certain posters seems to have been up someones arse than it is to accuse someone that their Father abused them in some way......

I can see, from your previous posts why this may be lost on you, however.

It would help if you read what people actually posted rather than trying to re-interpret it to suit yourself.

There's a massive difference between telling someone that "they have Daddy issues" than to accuse them of being abused by their father.

This may be lost on you, however

TinTin10 · May 18, 2017

Ian J said:
It would help if you read what people actually posted rather than trying to re-interpret it to suit yourself.

There's a massive difference between telling someone that "they have Daddy issues" than to accuse them of being abused by their father.

This may be lost on you, however

Maybe in your world, Mr Dead the Talking Corpse......but not for the rest of us, over here in the real world.

But, as always, thanks for the input.

Newchodge · May 18, 2017

I certainly have a difference with you, but in your construction the only difference is between the two options.

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