£21000 and £17000
Ok thanks for the info, My wife does all our account to a high level and only passes them over near the end for the accountant to look over and give he verdict on tax/what can be claimed or not. (we use sage instant accoutns to log everything.)
I am really ensure what to do, I look and feel the limited liability gives me more security and the I am fed up of coughing up my tax bill plus another half.
Would that change if I went ltd?
In your experience should I hold of another year and see how we grow again?
I did want to add in about my personal Landover discovery 3 that I am using in the company on the pest control business.
Can I claim for this ?
I bought this last year out right last year £12.500.00 and don't know what to do with this, bring this in to the business....or not ?
I have been claiming the 40 per mile allowance but wondered if this was worth bringing the vehicle in? and what are the pro's and con's?
or can I claim in any other ways for this?