how much a year can you earn as a ltd company before paying tax?

Answer 1

earnings and profit are not the same thing, the earnings limit would be unlimited but you pay tax on every penny of profit

Answer 2

from the first dollar. ltd comany pays tax on ecery cent they make.
The thing to do is use the company as a supper. If you purchase equipment in the company name then it’s a tax right off, deprecation over a period of time. Make sure that the equipment you buy goes up in value such as painting for office, antique desks chares what ever then after deprecation you right the equipment off or sell to yourself at the deprecation value, then its yours to sell at the value it has gone up. Taxation department knows of this but nothing can be done about it unless you write down that it is an antique.
Hope this answers your question, I assume you want to increase your assets for latter on in life.
Another way that I have heard of is setting up a loan account that the company pays interest to unknown creditor but I am unsure how they do that. Have been told and seen this being used without question from the taxation department. I would assume they are say the loans or creditors are of shore. (from another country)

Answer 3

As others have said in a limited company tax is paid on every pound of the final profit [basically on sales less expenses] but if the company pays you a salary [as is usual] you personally get the usual allowances and the 10% rate and so on...

Answer 4

in fact if there's no earnings then there's no tax, although calculating earnings could be somewhat trick for a constrained employer, and particular an accountant does could desire to sign off on debts that could desire to be submitted to companies and in an somewhat strict format. won't be a foul thought to have a rapid be conscious with an accountant and ask some suggestion, somewhat some won't value for the 1st hour of a clean shopper assembly. don't be afraid to save around somewhat the two to get the terrific quote.

Answer 5

I'm afraid you have to pay tax on any profits these days.

The nil rate band has gone :-(