Tax

[minisini]

Quickey.

If you are a locum, you are self employed. This means you are a business in your own right, therefore, you need a business account. This costs about £5 pm from Barclays. If you do not have one you are going against most banks T&C I bet most locums dont have one.

Secondly, what are the benefits of registering a company with companies house and putting transactions through this?

[faz11A]

There are tax benefits to opening a Ltd co account- Especially if you work hard full time. ask a decent accountant- You pay youself dividends which have less tax liablity- Am I allowed to recommend my accountant? send a PM?

[admin]

Accountants

There is an excellent accountant who sponsers this forum. His banner is at the top of each page, and if you read it you'll see he gives a discount if you mention you are a forum member.

shipleys tax