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Readers questions:  My year-end is 31st January, I have two companies, can I pay dividends out of one? We have made £160k profit so far this year.

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Reader’s question: If I worked for a number of companies, each with their own individual name accounts and account number, would I be issued with a p60 for each one or could each income from each company be all on the one p60?

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Reader’s question:  I am interested in setting up a company and would like to associate it with a particular name.  When searching companies house I found that the name I was interested in had been registered in the past but the status was showing as ‘DEAD’.  Would you be able to advise what this means and whether I would be able to use this name?

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Reader’s question: If I structure my ltd company with my two older children as directors’, can I then via company supply them lease cars paid from the company as they are directors?

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Reader’s question: I am a sole trader and have machinery worth £20k. If I transfer this to a Limited company by selling it to the company and setup as a director loan in the company, how do I treat this from a self-assessment point of view….do I pay CGT on the £20k?

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Readers questions: As a limited company, can I put garden groundworks (path and patio) through the company? I am now working from a garden office and this work would provide access.

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Readers questions: What happens to the bank account when a private limited company owner dies?

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Readers questions:  I’m in my first year of running my limited company, and I am the Director and only employee. I haven’t paid myself any salary in this tax year yet, because I earnt a salary in this tax year before I set up my business. My Limited Company will reach it’s one year anniversary in mid-May 2020. My question is, is it tax efficient to pay myself £8632 next financial year, and before mid-May when my Limited Company reaches its 1st anniversary, to minimise corporation tax payment?

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Readers’ Question: I’ve just completed a job for my first client and I need to invoice them but I don’t know where to start. How do I write an invoice and what should I include?

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Readers’ Question: What happens when a Limited company has only one official Director and that person dies suddenly?

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Reader’s question:  I have a limited company, formed in 2004 and believe we only have two ordinary shares of £1 allotted. I thought it was 100 but we cannot locate our articles of association. Assuming our accounts say 2 ordinary shares of £1 each presumably that is the case?

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Readers question: If I have three separate Limited company businesses, can I pay myself a salary/management fee from each one or only the one?

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Readers question:  I am one of two company directors in an ltd company. My partner in business has been told by her midwife that she is entitled to 90% of her salary while on maternity leave. For us to pay her, we would need to employ another person to do her job, this would put the business in financial difficulty. Is this the case?

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Readers question: How do I pay myself as an employee of my limited company?

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Readers questions: I have a limited company and I am the only person who works for the company and I am the only director. Will I get the government grant for COVID-19 as self-employed?

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Readers questions: I am the owner of my Limited company and at the same time I am the only employee of the company. At this moment I am pregnant and I may stop working soon. I do not know what will happen if I stop working and where to go from here. Any advice?

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Readers questions: Can I be a limited company if I am a not a UK tax resident? I left the UK 7 years ago and live in Spain. I have been asked by an agency who I will be working overseas for, to supply invoices for work done. Can I issue an invoice to this agency without being registered as a limited company?

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Reader’s question: I’m wanting to open a bar and would be seeking investment from two parties, after the initial investment they won’t have any further involvement, from this I gathered the best way to structure the business would be as a Private Limited Company. My problem is that I am not in a position to contribute financially so would be seeking 100% of the required capital to establish it, which would, therefore, mean they own 100% of the business. Is it possible for me to retain any sort of ownership or portion of shares through a prior agreement?

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Reader’s question: I am about to start working for several companies as a self-employed transport consultant. Which would be better for me limited company or sole trader?

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 Reader’s question: As the sole director of my own company, if I pay myself £200 per week does this mean my corporation tax will be less? And what amount of dividends can I take?

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