Recent content by sunsi55

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    How to pay tax when working for a prop firm?

    Thanks alot sir! And thanks alot for the help! :)
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    How to pay tax when working for a prop firm?

    Hehe, I understand! But then again, if you need VAT registrations and so on you are probably doing pretty good in your proffesion and then the paperwork is worth it :) Then I think I will start with just the Self assasment if I am to follow UK rules (something I will find out) , and maybe set...
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    How to pay tax when working for a prop firm?

    Thanks alot for all the advices. I will be doing some more research on wheter to follow uk rules or scandinavian rules. If not my two other alternatives is to fill in an Self Assessment on how much I have made and pay a certain % in tax, or start a limited company which has a little more...
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    How to pay tax when working for a prop firm?

    Once again, thank you :) This seems a little complicated, maybe because I am totaly new to being a self employe and having a tax responsibility. But with your great help, I think I will get the heng of it soon. I hear you refer to the "Self assessment", what is this? When it comes to "How...
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    How to pay tax when working for a prop firm?

    Thanks alot for the reply sir! How should i determine which alternative to go for? I am interested in taking out maybe around £2-3k a month from my traiding account. I do not know if this will go under paying myself salary or dividends? Which alternative do you recommend? How will tax differ...
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    How to pay tax when working for a prop firm?

    Hello, I am starting to work for a UK(London) prop firm in January. In my contract it says I will be "Self-Employed". How do I go with paying taxes in this situation? Does anyone have any experience in this area? I am originally from Scandinavia, but as I have understood I am to follow the UK...
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