Vets Tax Option
The prime attraction of operating as a limited company is that you keep much more of your fee income – Contrast the difference in the following example:
|Self Employed||Limited Company|
|Tax & National Insurance||9,659||7,203|
|Take Home Pay||30,341||32,797|
The Saving of £2,456 , in this example, speaks for itself!
Our costs for forming a limited company are £99 plus VAT - registration is completed within 24 hours of receipt of instructions and payment. Our annual operating fees are: self employed £550 or company £850 - see below:
Annual fees are subject to VAT but all the fee is tax deductible!