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?[continue reading…]
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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.[continue reading…]
Readers’ Question: What happens when a Limited company has only one official Director and that person dies suddenly?[continue reading…]
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?[continue reading…]
Readers question: How do I pay myself as an employee of my limited company?
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?
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?
Readers question: I own a limited company that is solvent and, due to medical issues, I wish to close it. My question is, as the MD of the company, can I close it and receive a tax-free redundancy payment of £30,000?
Readers question: I want to give my shares from my limited company to my partner, so my question is how do I transfer shares to a partner of my limited company?
Readers question: I was wondering if I could get some advice about being self-employed and living abroad. I want to open a business account as a sole trader in the UK and pay my national insurance and pension to the UK. However, I live in Slovenia with temporary residency, as I am a British citizen. I live here as I got married to a Slovenian. I wanted to know how can I open as a sole trader as I work from home online teaching on a platform based in Asia. They just pay my salary nothing else. What would I have to pay to Slovenia as I live here and would I have to pay double social security? Or claim my benefits from the UK when I need them. Also, would I need a virtual office in the UK? My students, I just interact with them from the website the company provides.
Readers questions: My partner and I have between us around 30,000 thousand pounds worth of tools/equipment as a sole trader, can we take them over to the ltd company or can the ltd company pay for them? We don’t want money out, we would like to offset our tax bill, can it be done?
Readers question: We have a small Limited Company with a gross turnover of £20,000. We have paid 20% tax on this figure (cis) leaving £16,000 after tax. We have one employee who has earned £12,000 gross. Are we entitled to a rebate and will there be corporation tax to pay?
Readers Questions: I’m buying a business with customers, can I contact them or not because of GDPR?