I need advice please. I am planning on consulting to my existing company as well as other clients. Whats the best option for me. I will have many clients and will be charging them a daily rate for IT Business consulting services.
I was planning on opening up a CC but then I would have to change all my income generating expenses to the companies name, is that correct. If I go as an independant contractor, would this be a better solution. I would also like to register for VAT as an independant contractor, is this possible.
Please send me feedback as I am so confused. Also, what type of expenses are allowed as deductions for paying PAYE.