New Posts For Thread: New business advice neededhttps://community.betfair.com/chit_chat/go/thread/view/94038/30400583/new-business-advice-neededI often read intelligent informed opinion/advice on here(not always!!!) and would be very interested if any of you could help me with the followingI am finally starting my own business and was wondering what the major benefits are in being a privateu.a ,mememe, appreciate your replies........thank youhttps://community.betfair.com/chit_chat/go/thread/view/94038/30400583/new-business-advice-needed?post_id=542640017#542640017u.a ,mememe, appreciate your replies........thank youFri, 12 Dec 2014 13:27:27 -0600☺https://community.betfair.com/chit_chat/go/thread/view/94038/30400583/new-business-advice-needed?post_id=542634799#542634799☺Fri, 12 Dec 2014 06:34:16 -0600CASHINVEST 11 Dec 14 17:00"GET A WINDOW CLEANING ROUNDHEALTHY AND TAX FREE"Yep, healthy and tax free and plenty of fresh air....... what could possibly go wrong ? !https://community.betfair.com/chit_chat/go/thread/view/94038/30400583/new-business-advice-needed?post_id=542634615#542634615CASHINVEST 11 Dec 14 17:00"GET A WINDOW CLEANING ROUNDHEALTHY AND TAX FREE"Yep, healthy and tax free and plenty of fresh air....... what could possibly go wrong ? !Fri, 12 Dec 2014 06:16:05 -0600I've had to set up a Limited company for the missus before and it is a bit tedious. She had rather simple circumstances, no tax and NI and the accountant was charging about £300 per year to look after it. Given that I knew i wasn't going to pay taxhttps://community.betfair.com/chit_chat/go/thread/view/94038/30400583/new-business-advice-needed?post_id=542634385#542634385I've had to set up a Limited company for the missus before and it is a bit tedious. She had rather simple circumstances, no tax and NI and the accountant was charging about £300 per year to look after it. Given that I knew i wasn't going to pay taxFri, 12 Dec 2014 05:50:10 -0600newordermy "advice" was tongue in cheek and extreme - but nonetheless not far from being good advice ... it all depends on your business and your aspirations.If you will be working for corporates, especially if you provide services such as IT, then lhttps://community.betfair.com/chit_chat/go/thread/view/94038/30400583/new-business-advice-needed?post_id=542633633#542633633newordermy "advice" was tongue in cheek and extreme - but nonetheless not far from being good advice ... it all depends on your business and your aspirations.If you will be working for corporates, especially if you provide services such as IT, then lFri, 12 Dec 2014 03:14:40 -0600If you're a small business the only advantage of being Ltd is credibility ie appearing to be bigger than you are.......of course if you want to play about with limited liability thats another question. I always preferred to stay a sole trader for thhttps://community.betfair.com/chit_chat/go/thread/view/94038/30400583/new-business-advice-needed?post_id=542626297#542626297If you're a small business the only advantage of being Ltd is credibility ie appearing to be bigger than you are.......of course if you want to play about with limited liability thats another question. I always preferred to stay a sole trader for thThu, 11 Dec 2014 12:04:47 -0600memememthanks for the advice and good wishes.I am doing alot of research so see where it all ends up, think I was just after a regular persons real experiences of doing thisany more info and advice from anyone will be appreciatedhttps://community.betfair.com/chit_chat/go/thread/view/94038/30400583/new-business-advice-needed?post_id=542625949#542625949memememthanks for the advice and good wishes.I am doing alot of research so see where it all ends up, think I was just after a regular persons real experiences of doing thisany more info and advice from anyone will be appreciatedThu, 11 Dec 2014 11:33:18 -0600Buy a small warehousefill it full of fur coatsget well insuredsneak 90% of the coats out in the middle of the nightset fire to it the next nightcollect the insuranceoy vey!!retirehttps://community.betfair.com/chit_chat/go/thread/view/94038/30400583/new-business-advice-needed?post_id=542625865#542625865Buy a small warehousefill it full of fur coatsget well insuredsneak 90% of the coats out in the middle of the nightset fire to it the next nightcollect the insuranceoy vey!!retireThu, 11 Dec 2014 11:25:31 -0600GET A WINDOW CLEANING ROUNDHEALTHY AND TAX FREEhttps://community.betfair.com/chit_chat/go/thread/view/94038/30400583/new-business-advice-needed?post_id=542625555#542625555GET A WINDOW CLEANING ROUNDHEALTHY AND TAX FREEThu, 11 Dec 2014 11:00:07 -0600Don't work for corporates unless you want to pay tax.Don't forget that your taxes pay for MPs expenses, unemployment benefits, foreign aid, UK defence (highly corrupt), EU, etc, etc.Sole trader the only, choose how much, if any, tax to pay.Cash is kihttps://community.betfair.com/chit_chat/go/thread/view/94038/30400583/new-business-advice-needed?post_id=542625293#542625293Don't work for corporates unless you want to pay tax.Don't forget that your taxes pay for MPs expenses, unemployment benefits, foreign aid, UK defence (highly corrupt), EU, etc, etc.Sole trader the only, choose how much, if any, tax to pay.Cash is kiThu, 11 Dec 2014 10:36:09 -0600