Tag Archives: limited company

Why a Limited Company is Now Less Tax Efficient

should my business be an limited company

Traditionally, the biggest tax benefit of running a limited company came from how you extracted income. You’d take a small salary and top it up with dividends, which were taxed at lower rates than income tax and didn’t attract National Insurance. But that landscape has shifted dramatically in recent years. Operating as a limited company […]

To Incorporate or not to Incorporate?

bookkeeping

Operating through a Limited Company is the most common way to work in the UK if you are working for yourself.  This is because it is relatively cheap and easy to set up.  It is also perceived to be the most tax advantageous way of operating.  But the tax advantages are increasingly being reduced. So, […]