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(, Sun 1 Apr 2001, 1:00)
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Go self employed
Write the cost of tools off against tax. Fold company.
(, Tue 2 Jul 2013, 19:12, 2 replies, latest was 12 years ago)
This. Plus register for VAT & reclaim it on all the tools before winding up.

(, Tue 2 Jul 2013, 19:13, Reply)
is this a thing?
I'm pretty ignorant of tax stuff
(, Tue 2 Jul 2013, 19:15, Reply)
It certainly is a thing. A very worthwhile thing.

(, Tue 2 Jul 2013, 19:16, Reply)
i would like to know more,
is there a website or blog you can point me to that explains how it works, or even just explain it yourself?
(, Tue 2 Jul 2013, 19:19, Reply)
Take too long to explain online. Look for an accountant in your area. Most do initial free meetings if they think you're going to become a client.

(, Tue 2 Jul 2013, 19:21, Reply)
oh, right, i'm being stupid, i have an accountant friend who can probably help.

(, Tue 2 Jul 2013, 19:27, Reply)
You're not stupid, just unexperienced.

You may want to print & frame this post. It's about as nice as I ever get on the Internet.


(, Tue 2 Jul 2013, 19:29, Reply)
thanks man,
i'm taking a week off before the course to do this sort of research and stuff, so that if i pass, i'm ready to get straight in to it.
(, Tue 2 Jul 2013, 19:32, Reply)
Good idea.

(, Tue 2 Jul 2013, 19:33, Reply)
Have a look at this
www.hmrc.gov.uk/selfemployed/
(, Tue 2 Jul 2013, 19:23, Reply)
Won't tell you all the loopholes though, just the allowances

(, Tue 2 Jul 2013, 19:28, Reply)
True, but one Windy had read that, I was going to suggest he goes here for more info
www.jimmycarr.com/
(, Tue 2 Jul 2013, 19:30, Reply)
Ha.

(, Tue 2 Jul 2013, 19:32, Reply)

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