if i'm in another country, and my company is is UK, do these numbers till apply? I'm talking about NI for example...

If i open a new company and deposit say £50k. Then start trading.. I buy stock for £50k and sell it for £60k. So can i taken £10k as a part repayment of my original loan?? Does this then mean the company has no profit and therefore have no corporation tax to pay? My £10k is still tax free because it was mine to start with ???

Hi thanks for videos you have produced, they have helped me out a lot. I do have a question about billing. I use a piece of equipment that surveys properties. The information is then send to Canada for drafting and the bill comes to me which I pay. I then invoice the clients for that bill. Am i correct in thinking that invoice with be classed as profit by FreeAgent and then tax deductible? If so how can I charge the client without it being tax deductible?

Thank you so much for this! You answered the question I had perfectly.

That was so helpful! Thank you so much! I’m in Thailand but from the uk and looking to start a business asap. This information has given me great clarity.

can I take dividends that will leave no reserves after corporation tax is accounted for?

Thanks for this support

Keep up the good work Mam 👍Thank you for this informative video. Cheers

that was helpful thank you..

Is fines allowable to claim

Hiyah thanks for your videos they have been helping me alot , i really appreciated your time and ur courage, can you please make a video on how to report earnings of director and the staff to HMRC on monthly basis on Limited compnay. I have Limited company and i have registered it for PAYE (which is thanks to you and your previous videos) and i would like to report my earnings and the staff to HMRC on monthly basis and generate wage/payslips to them Thank you

Just received a scary letter from Companies House. I had no idea about this! Thank you for the information ❤

property is unearned income....

This was almost no information at all just a chat

Old video but still very good thanks

What do you recommend I do if they haven't responded within 7 days?

"Good morning, I'm interested in closing my limited company along with its registered brand. While I'm familiar with the process of closing a limited company, I'm uncertain about the implications for the brand. If I close the company, will the brand automatically be closed as well? If not, could you please advise me on the procedure for closing a registered brand in the UK?"

Possible to combine a employee perm role with Ltd contract?

Thanks just went through the same process and manage to pay part of my Out of Pocket Expenses off, Subbed!

Sounds pretty simple. Can you please make a video video how on how to understand the company fillings like cash in the bank's current assets Obligations under finance leases and hire purchase contracts Trade creditors Taxes and Social Security Other creditors I’m a business owner, but it still makes no sense to me lol 😆

Subscribed and Liked..thank you

Hi Juniper, Thank you for such a great video, I have a couple of questions if you can answer, please. How can i dissolve my company? what are the pros and cons? Can i retain my company if I am on a sponsorship visa? Warm Regards

Hi Juniper/Caroline, thank you for this video. I have a question - "Please enter the first pay day, or the first date you made payments of expenses or provided benefits to your employees:" What date do I put when I don't know when my first pay date will be? I am unsure when I will first get money in the business account as my job hasn't started yet.

Superb video. This really helped me out when I started using FreeAgent for my limited company .

This video is unbelievably helpful, and, I will be referring back to the video in future. Thanks so much.

Thanks for great video. Hi i have a public sector job and am also a limited company director with my wife as shareholder. I do not take any salary from the company so I do not have P60 or paye reference no. My question is when I am filling self assessment and I want to claim expenses like mileage etc how can I do that? Without filling the PAYE reference the form runs into error and I cant complete self assessment. Thanks in advance Ash

I enjoyed the video I wanted to see at what point pensions and charitable giving thru the employer are deducted when calculating income tax

I'm on a Tier 4 Dependent Visa. My wife is on a Tier 4 student Visa. I have started a limited company. Since my wife is a student and she can work only 20 hours per week, can I employ her in my company as a part time person and pay her basic wages? salary?

Hello. Can you advise if a salary isnt paid for some months. I take it the tax will get adjusted at the end of the year?

Hello, I have just watched your video as my partner has a limited company and have been struggling on how to set up payroll as my partner is also registered as a sole trader so he already has a gateway account but what details do we have to put in when making the government gateway account for it be as the company as we have an accountant but want to do payroll ourselves and worried about the corporation tax as we have been trading for over 3 months and not sure whether our accountant has done that.

@JuniperLynx can you please explain where you got 8788 from???

Thank you 🙏

Hi Caroline, great video Can please help me with my Query So I have A limited company which I only want to take dividends from and pay one PAYE staff how can I set this up without using a accountant I have a job that pays me 50k on a PAYE. LTD is my additional income Please advise or send a link to video thanks

Very helpful

Great video and Channel. What if I have multiple expenses I want to reimburse myself for? Do I have to do multiple bank transfers?

Hi Caroline, great video and very helpful, esp. as these things can be rather daunting. One question, can one back date the first day of payment, as in if I do it today can I put the first day of payment a 3 months back?

A very informative video. Thank you very much. For a salary of £120,000 on a permanent basis after Tax and NI take home is £78,653. (Umbrella is £57,466 and Ltd is £76,948). So, in this case permanent is the best option? When do they break even?

Hello, My first pay date is 31 May 2023 but I already applied with the date of 28/02/2023. Can I reapply with 31/05/2023? Will it be an issue?

Can you complete a video on starting a business in 2023, and explain what we will need to pay if we earn let's say £20k PA into a business?

thank you very useful

wow this is so great

Hello Caroline, please could you clarify some stuff with regard to PAYE. We are limited company, from next month we are going to start running up the payroll ourselves (before the accountancy company helped us). We are not sure about few things could you please clarify? For running our new payroll we need Government Gateway, can we use the same Gateway which an accountancy firm used or it should be different? Do we need register for PAYE again as a limited company or we can use Reg information which a accountancy firm used before? How correct overtake this duty from a accountancy firm? If our payday was on 28th every month can we change it for 30th every month, should we inform HMRC about this changes?

Many thanks for the detailed video. According to HMRC in march of 2023, Who cannot claim Employment Allowance: You also cannot claim if both of the following apply: • you’re a company with only one employee paid above the Class 1 National Insurance secondary threshold • the employee is also a director of the company So in your example, even if the director had no income from the company, shouldn't his wife as the sole employee with 12570 income who is not the director still be able to apply for this allowance? Many thanks in advance.

This kinda throws shade on the conservative mantra that low taxes result in increased tax take.

If u have an office can you pay then rent out of ur profits

Juniper great vidoes i learned alot from your videos. can you also do a series on accountig for ecommerce businesses especially amazon fba monthly entries and ebay thankyou. I didn't find much support for freeagent in this regard thankyou

What's your accounting monthly service fees Please?

I subd, thanks alot.. this is very useful video..keep it up

Hi Juniper. I have been operating my company since August without registering as an employer ( wasn’t aware I could) I want to register for it now so what date do I put as first day of payment? Please respond.

Thank you, new subscriber here .