Old Oct 13, 2004 | 08:56 PM
  #18  
nomad's Avatar
nomad
Too many posts.. I need a life!!
 
Joined: May 2003
Posts: 654
Likes: 0
From: nottingham
Default

you are far better off becoming a sole trader rather than a limited company, you dont have to keep as many records for a start, remember that turnover is not profit, no bank will entertain new business without a business plan, most cities have a business advice place, in notts we have business link where you go on a days course to learn about all aspects of setting up your own business. it sounds good but take me, i have a 3K vat bill to find and my january tax is 7K, oh and in june i have to find 3K towards my next tax bill
cheers nomad
Reply