pretty much... In the US you set up an LLC/C Corp
In the US you also have the ability to write off a lot more stuff with a c-corp.
As with anything I would get the advice of a professional when dealing with these matters to save problems down the line.
Posted By: usacanary on May 19th 2020 at 15:15:55
Message Thread
- Query for sole trader / consultant / tax types (General Chat) - CWC, May 19, 15:05:41
- Pop your manservant in the table then..... (n/m) (General Chat) - helvegtheowl, May 19, 19:29:34
- I'm not OG! (n/m) (General Chat) - CWC, May 19, 19:45:40
- ty all vvv (General Chat) - CWC, May 19, 18:06:53
- Some things: (General Chat) - Old Man, May 19, 17:22:10
- Get an accountant - which you'll need anyway for a LTD (General Chat) - inutero, May 19, 16:30:00
- Beware of IR35 (General Chat) - Old Git, May 19, 15:30:58
- aye (General Chat) - CWC, May 19, 15:55:38
- It used to be more beneficial tax wise than it is now I think. Since they (General Chat) - Jim, May 19, 16:15:40
- In Nascar they have a saying..... (General Chat) - usacanary, May 19, 16:21:44
- Also depends how many costs/overheads you can legitimately put through the business (n/m) (General Chat) - Jim, May 19, 16:16:31
- It used to be more beneficial tax wise than it is now I think. Since they (General Chat) - Jim, May 19, 16:15:40
- aye (General Chat) - CWC, May 19, 15:55:38
- pretty much... In the US you set up an LLC/C Corp (General Chat) - usacanary, May 19, 15:15:55
- I should add in the US and im assuming in the UK.... (General Chat) - usacanary, May 19, 15:19:37
- Pop your manservant in the table then..... (n/m) (General Chat) - helvegtheowl, May 19, 19:29:34
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