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Considering changing from self-employed sole trader status to limited company...
Thread poster: Marie-Celine Grech
Tom in London
Tom in London
United Kingdom
Local time: 13:05
Member (2008)
Italian to English
Chancellor Mar 8, 2017

For those of based in the UK I hope you caught today's budget speech by the Chancellor of the Exchequer. The tax advantages of being a limited company are being removed.

 
Christopher Schröder
Christopher Schröder
United Kingdom
Member (2011)
Swedish to English
+ ...
Not quite Mar 8, 2017

Tom in London wrote:

The tax advantages of being a limited company are being removed.


Not removed, slightly reduced. Still way less tax on dividends than earnings.

"The dividend allowance cut from £5,000 to £2,000 will cost basic-rate taxpayers £225"

Not exactly a game-changer...

And they'll still be needing to find another £1000 a head to pay for the right to have bent bananas.

[Edited at 2017-03-08 15:03 GMT]


 
Tom in London
Tom in London
United Kingdom
Local time: 13:05
Member (2008)
Italian to English
Post removed Mar 9, 2017



[Edited at 2017-03-10 15:52 GMT]


 
Christopher Schröder
Christopher Schröder
United Kingdom
Member (2011)
Swedish to English
+ ...
With respect Mar 9, 2017

Tom in London wrote:

Put on your glasses


Tom, you seem to be in a habit of either taking or giving offence whenever you are challenged; don't forget forums by their very nature are for discussion, debate, differences, disagreements and lots of other things beginning with "d", so it doesn't need to get personal...


 
Giovanni Guarnieri MITI, MIL
Giovanni Guarnieri MITI, MIL  Identity Verified
United Kingdom
Local time: 13:05
Member (2004)
English to Italian
Minarchism... Mar 10, 2017

disappointed a bit... I'm an anarcho-capitalist... but don't worry, I still believe in NAP...

 
Tom in London
Tom in London
United Kingdom
Local time: 13:05
Member (2008)
Italian to English
Returning to the point... Mar 10, 2017

...what I said in my previous post was that things *are changing* for the self-employed; not that they *have changed*. Perhaps it was foolish of me to assume that my meaning would have been clear to anyone.

 
Tom in London
Tom in London
United Kingdom
Local time: 13:05
Member (2008)
Italian to English
? Mar 10, 2017

Giovanni Guarnieri MITI, MIL wrote:

disappointed a bit... I'm an anarcho-capitalist... but don't worry, I still believe in NAP...


NAP?


 
Giovanni Guarnieri MITI, MIL
Giovanni Guarnieri MITI, MIL  Identity Verified
United Kingdom
Local time: 13:05
Member (2004)
English to Italian
NAP Mar 10, 2017

Tom in London wrote:

...what I said in my previous post was that things *are changing* for the self-employed; not that they *have changed*. Perhaps it was foolish of me to assume that my meaning would have been clear to anyone.


Non-aggression principle... Ok, enough off-topics!


 
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Considering changing from self-employed sole trader status to limited company...







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