Ltd company or self employed for new driver?

UK PROFESSIONAL DRIVERS FORUMS THE UK PROFESSIONAL DRIVERS FORUM (INTERACTIVE)
1

Hello all

Sorry if this topic has been covered but I can’t find anything on it by the search function!

I have signed up to an agency who have advised me either to go SE via plantilla or set up as LTD Co.

Which would be the best option?

Thanks in advance! Great forum btw.

2

Welshlad32:
Hello all

Sorry if this topic has been covered but I can’t find anything on it by the search function!

I have signed up to an agency who have advised me either to go SE via plantilla or set up as LTD Co.

Which would be the best option?

Thanks in advance! Great forum btw.

Right… :unamused:

3

Well I can’t, I’ve been searching for the last half hour and all I get it random threads about all sorts!

4

there is one on the first page!

but to me as a new driver stick to paye.

5

I have always run as a limited company. There is slightly more paperwork involved, but it means you are not personally liable should anything go wrong and it is more tax efficient.

6

Hi i did nova for about 18 months untill nthe goverment moved the goalposts (a few years ago) then set up L.T.D. company
have not looked back yes paperwork is a bit of a slog but nothing mega heavy get a good trustworthy accountant put aside tax money in a seperate account so not to be tempted its quite daunting setting up but straight forward after a while

7

war1974:
there is one on the first page!

but to me as a new driver stick to paye.

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