Hey Yeung, i operate as a sole trader. For me it is cheaper this way as i do my own self assessment and do not have to worry about accounts being submitted. I am a chartered accountant so it reduces my costs fortunately. If you have any more questions let me know! Thanks!
It's good practice to open as a limited company first as it solves the stress of transferring your personal amazon seller account to a limited company account. It's entirely up to you though.
Hi Rob , why you prefer AMP to profitl . Thanks so much .
Hi, i think its the user friendly way that AMP works. There’s not much difference between them though to be honest 👍
Hi Rob , did you open LTD ?
Did you employ an accountant for your businesses ?
Thanks so much
Hey Yeung, i operate as a sole trader. For me it is cheaper this way as i do my own self assessment and do not have to worry about accounts being submitted. I am a chartered accountant so it reduces my costs fortunately. If you have any more questions let me know!
Thanks!
I'm starting new on amzon fba should i make some money first then pay taxes or open LTD.
It's good practice to open as a limited company first as it solves the stress of transferring your personal amazon seller account to a limited company account. It's entirely up to you though.
So when will I start paying tax