4min chapter

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TRIAGE - Limited company pros and cons

Medics Money podcast

CHAPTER

The Importance of Setting Up a Limited Company

A limited company is owned separately, so you have lots of different other issues that you have to take into account when doing that. VAT becomes a consideration because you have changed potentially the nature of the relationship with who you're supplying the service to. There's some legislation about off payroll, working often referred to as our 35. And also what we've seen is that we've seen changes in how dividends attacks and how national insurance is applied. It won't work for everyone, not just some nature of the beast. But now we're going to hear about the bad cop from Andy.

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