Читать книгу A HouseBeautiful Home Business - Emma Jones - Страница 33

Limited companies exist in their own right, with the company’s finances kept separate from the personal finances of its owner(s).

Limited companies have filing responsibilities with both Companies House and HMRC as noted below but it’s now much easier to launch a limited company as there is no longer a need to appoint a company secretary, so you can be a limited company with a headcount of one, which many small businesses are!

TIP { Take advice

The status of your company will affect how much admin you have to do and the kind of financial records you must keep and file. Take advice from your accountant or local tax office on which one to choose as much depends on the type of business you will be running.