My understanding of a Ltd Company is this
Once an earning threshold of £32,000 is reached may
have gone up (20% Tax), a Ltd Company is an effective
means of reducing the rate of Tax, which would be 40%
on anything above.
A Ltd Company provides a means of reducing this high
Tax (At Present - before the Budget).
Dividends can be taken, as can a salary.
Anything to do with the running of the Company
ie, Computer, printer, stationery, cleaning equipment etc
can be claimed back as a procurement of the Company.
A Director and Secretary are required.
A Business Account is a must.
Have had a Ltd Company not cleaning but in essence
the same as any other.
I found it was worth the while!!
Hope This Helps!!
Deb