Clean It Up

UK Window Cleaning Forum => Window Cleaning Forum => Topic started by: paul ette on May 25, 2014, 11:50:52 am

Title: Register your company?
Post by: paul ette on May 25, 2014, 11:50:52 am

I'm registered with the tax office as self employed etc, but do I need to register as a company? I see company numbers on invoices from other people etc and looked online and see you can register your companies details, but what's the point in doing this?

Title: Re: Register your company?
Post by: HampshireWindowCleaning on May 25, 2014, 12:06:36 pm

They're probably Ltd companies?

Title: Re: Register your company?
Post by: DaveG on May 25, 2014, 12:14:41 pm

Or VAT registered...

Title: Re: Register your company?
Post by: ascjim on May 25, 2014, 12:52:18 pm

only ltd company's need to register so don't worry

Title: Re: Register your company?
Post by: paul ette on May 25, 2014, 02:33:27 pm

Ahh cool, wasn't sure if I needed to, not vat registers or ltd so all good.  Thamks

Title: Re: Register your company?
Post by: Ian Lancaster on May 25, 2014, 02:44:09 pm

There might be tax advantages in being a Limited Company - speak to your accountant.

We're not VAT registered but we are Ltd.  Saves us a significant amount of tax.

Title: Re: Register your company?
Post by: ascjim on May 26, 2014, 12:06:52 pm

Yeah i've been told that becoming ltd has its advantage's but your accountants bill goes up also.

Title: Re: Register your company?
Post by: PoleKing on May 26, 2014, 01:30:28 pm

Quote from: James - Purewash on May 26, 2014, 12:06:52 pm

Yeah i've been told that becoming ltd has its advantage's but your accountants bill goes up also.

When the cost of the accountant is outweighed by the savings +10% I reckon that is the time to go ltd.

Title: Re: Register your company?
Post by: ascjim on May 26, 2014, 09:40:40 pm

yeah your right mate