SHOULD I BE A LIMITED COMPANY?

One of the greatest, underappreciated channels on YouTube. Thank you for sharing all this information for free.

Would really be interested in a video on being full time employed AND having a ltd e-commerce business- I actually love my full time job so no intention of leaving-unfortunately it’s one of those careers that you do for the love of it and not the money lol-however would consider going part time. I want to build the e-commerce business, but not get hit with the ridiculous tax - so video on this combination would really be appreciated. Thank you for your videos- they are invaluable

Hi Dan, many thanks for this video. I last set up a limited company in 2000 which closed in 2017. I'm ready to start a new business and needed some up to date info as my accountant set it all up for me last time and I want to be more hands on from the start this time around. Great channel and I look forward to watching more of your videos. (subbed and liked) 👍🏻

Thank you for sharing your knowledge!

Pfewww, I had the wrong idea about limited companies....many thanks again for the great info.

Great video to determine being a sole trader vs limited company.

Excellent explanation in a short video

Thanks for your videos they are very helpful!!!

Really useful, thanks for broad brush figure too 👍

Thank you soooooooooooooooooooo very much for this video. Many very helpful and valuable tips. GOD bless you.

Thanks Dan, this is a great video and has answered so many of my questions as I'm employed (higher rate taxpayer) and am looking to start a side business. Great advice, thanks!

Hey came across your channel after being recommended by Carl Boradbent. I have started a LTD this year but I've put more money into it than I've earned but I need an accountant. After seeing your videos I think a conversation might be in order

awesome vid. thanks

Really helpful thank you

Amazing. thank you

very good video, thanks

Thank you 😊

Hi Dan, thanks for the info in your video...very useful. I am not at the profit threshold you mentioned yet however I am just about to launch into the world of ecommerce. From the research I have been doing it is apparent that starting with a limited company has advantages in terms of credibility with companies like Pay Pal, Google and Facebook and so on. It appears it can cause problems if you are not limited when a problem arises e.g. Paypal limit your account whilst under review meaning it could be really bad for business and cash flow. I am already registered as a self employed sole trader but im worried that starting thing of this way might not be giving myself the best foundation. Any tips would be welcome.

Thank you

Your advice is brilliant.Thank you. I wish to set up a holding company, with multiple LTD companies underneath. In these early days I am trying to do some of the set up stuff myself (not a long term plan...I see great value in experts like yourself ;) ) My question is; how do I create subsidiaries through the HMRC site. I cannot see any advice anywhere on the net on how to do this. I think I may be missing a keyword when searching. Thanks again. Best Regards.