S
saphire
Guest
Hi
I am in the PAYE system.
I am hoping to set a new business towards the end of this year with a friend of mine. My friend is self-employed. I intend on keeping my full time PAYE job and having an involvement in the new business on a part-time basis.
I earn approx 70k. I am wondering what would be the best way to approach the new business from a tax perspective, setup a partnership, limited company etc?
Thanks
I am in the PAYE system.
I am hoping to set a new business towards the end of this year with a friend of mine. My friend is self-employed. I intend on keeping my full time PAYE job and having an involvement in the new business on a part-time basis.
I earn approx 70k. I am wondering what would be the best way to approach the new business from a tax perspective, setup a partnership, limited company etc?
Thanks