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Limited company question (Read 1113 times)

Monolith

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Limited company question
May 11, 2016, 02:30:18 pm
I wonder if any accounting folk out there can help me with a general business question.

I’m currently the sole director of an active limited company but I’d like to incorporate a second one as a premptive measure for a future project. I might need to move fast on this due to naming issues and I just wanted to know whether if I’m filing dormant accounts, there are any implications of this and whether I can have all my tax/accounts filing dates the same as per my existing company.

In essence, should I just crack on with registering it via the usual Companies Made Simple web method? Any advice much appreciated.

Lund

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#1 Re: Limited company question
May 11, 2016, 03:07:58 pm
VAT!

It certainly used to be that if you had two companies, you couldn't be on the flat rate for VAT for either.  This has implications for not just paperwork but shitloads of other stuff and you might actually be worse off.

There might be others.

 

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