I've had emails from 4 teams this morning, and in their signatures 3 2 of them are limited companies.
Is your team a limited company? If so why.. and if not is there a deliberate reason to NOT be?
Is your team a LTD company?
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steve-e
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Is your team a LTD company?
IF YOU'VE FORGOTTEN YOUR LOGIN EMAIL ME, WE ARE GOING BACK TO BEING LOGGED IN TO READ.
steve@steveenglish.com subject:login and whatever details you remember
steve@steveenglish.com subject:login and whatever details you remember
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ada
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Re: Is your team a LTD company?
the only thing limited about our team is matt's height 
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ChrisWells
- Scything Through The Field
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Re: Is your team a LTD company?
No.
In Canada one can form a sole proprietorship (essentailly no difference between the business and yourself) which allows up to 3 years of business losses to be written off against other sources of personal income (thereby reducing your taxes). If you don't show a profit (or at least a damn good potential of profit) by the 4th year then you disolve the company and pursue it as a hobby.
Chris
In Canada one can form a sole proprietorship (essentailly no difference between the business and yourself) which allows up to 3 years of business losses to be written off against other sources of personal income (thereby reducing your taxes). If you don't show a profit (or at least a damn good potential of profit) by the 4th year then you disolve the company and pursue it as a hobby.
Chris
Chris Wells
Ottawa, Canada
2015 IOM TT Compeitor
2014 Pikes Peak Competitor
2013 SRA East F2 Championship (Driver)
2013 SRA East Overall 2nd Place (Driver)
2012 & 2011 SRA East F1 Championship (Driver)
2010 MRE F2 with Yamaha R6 (SOLD)
2007 CSR F1 with 05 Honda CBR1000RR (SOLD)
1990 Honda VFR750F
2001 Suzuki RM250
Ottawa, Canada
2015 IOM TT Compeitor
2014 Pikes Peak Competitor
2013 SRA East F2 Championship (Driver)
2013 SRA East Overall 2nd Place (Driver)
2012 & 2011 SRA East F1 Championship (Driver)
2010 MRE F2 with Yamaha R6 (SOLD)
2007 CSR F1 with 05 Honda CBR1000RR (SOLD)
1990 Honda VFR750F
2001 Suzuki RM250