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    Iron Heart Fall/Winter 2025 Collection Preview - Now Live

    Random questions to which you seek an answer

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    • J
      Jett129
      見習いボス
      Joined:

      I’m not an accountant,but one of the things I’ve heard people talk about is liability. Maybe someone can further explain explain that aspect.

      last edited by 1 Reply Last reply Reply Quote 0
      • GilesG
        Giles
        IHUK Crew
        Joined:

        It can be more tax efficient.  But most important is that you are removing liability from you personally to the company.  So for eg, if your business went bust or was sued, your personal assets are safe.

        Your accounts will be more complex, so your accountancy fees will be higher.

        https://www.companiesmadesimple.com/sole-trader-v-limited-company.html?gclid=EAIaIQobChMIyOKO3u6S4gIVia3tCh2wpgaxEAAYAiAAEgLJevD_BwE

        "OK face up to it - you're useless but generally pretty honest and straightforward . . . it's a rare combination of qualities that I have come to admire in you" - Geo 2011

        last edited by 1 Reply Last reply Reply Quote 0
        • C
          Crit_Obs
          Joined:

          Can the company guys confirm the identity of this shirt; I'm saying it's ihsh-81 aka the SBG Cash:



          last edited by 1 Reply Last reply Reply Quote 0
          • GilesG
            Giles
            IHUK Crew
            Joined:

            Looks like it to me.

            "OK face up to it - you're useless but generally pretty honest and straightforward . . . it's a rare combination of qualities that I have come to admire in you" - Geo 2011

            last edited by 1 Reply Last reply Reply Quote 0
            • C
              Crit_Obs
              Joined:

              Thank you @Giles (I know your notifications are off).

              last edited by 1 Reply Last reply Reply Quote 0
              • spitfiredealerS
                spitfiredealer
                Raw and Unwashed
                Joined:

                @Giles:

                It can be more tax efficient.  But most important is that you are removing liability from you personally to the company.  So for eg, if your business went bust or was sued, your personal assets are safe.

                Your accounts will be more complex, so your accountancy fees will be higher.

                https://www.companiesmadesimple.com/sole-trader-v-limited-company.html?gclid=EAIaIQobChMIyOKO3u6S4gIVia3tCh2wpgaxEAAYAiAAEgLJevD_BwE

                Thanks G

                last edited by 1 Reply Last reply Reply Quote 0
                • louisboscoL
                  louisbosco
                  啓蒙家
                  Joined:

                  @spitfiredealer:

                  Any accountants on here or anyone care to share with me the benefits of setting up a Limited company as opposed to just being self employed?

                  so based on my experience in taxation law (in australia at the very least), you get benefits from running a business as a seperate entity. firstly, like what others have mentioned, you seperate your personal assets from the business. secondly, you choose to give yourself a "wage", so you can enjoy personal income tax benefits. depending on what the corporate tax rate is for a business, you can "choose" whichever that benefits you.

                  being a seperate entity as well, you enjoy tax deductions as expenses for your company. so you could you company expenses to gain tax deductions. depending on how you set up your corporate structure, you could end up paying less tax overall compared to being self employed..

                  "Loyalty is a two way street. If i'm asking for it from you, then you're getting it from me."

                  • Harvey Specter
                  last edited by 1 Reply Last reply Reply Quote 0
                  • BloodnThunderB
                    BloodnThunder
                    Raw and Unwashed
                    Joined:

                    Level of benefit all fluctuates depending on nation but all of the above apply.  Even if you don't take advantage of the wage/expense tax benefits the ability to shield yourself and your personal assets from liability is worth setting up the LLC.

                    IG: Shadesofindig0

                    last edited by 1 Reply Last reply Reply Quote 0
                    • J
                      jdl1279
                      Joined:

                      Looking for someone with knowledge or experience with SoSo and/or Companion. How's the quality, service, etc?

                      Bourbon: because living in Kentucky just makes you want to drink

                      last edited by 1 Reply Last reply Reply Quote 0
                      • gaseousclayG
                        gaseousclay
                        Joined:

                        So when are we gonna see an official sneak peek thread for all the FW19 gear?

                        WTB:
                        IHSH-129 size L (blue)
                        IHSH-19

                        last edited by 1 Reply Last reply Reply Quote 0
                        • PalmerP
                          Palmer
                          Iron Heart Deity
                          Joined:

                          @jdl1279 I have been researching this brand for their shirts. I asked around and on Reddit the general consensus is that the quality is pretty good but not so much on the heavyweight fabrics. Their customization factor is pretty cool and I'll probably order a chambray shirt from them soon to see how it works out.

                          last edited by 1 Reply Last reply Reply Quote 0
                          • GilesG
                            Giles
                            IHUK Crew
                            Joined:

                            @gaseousclay:

                            So when are we gonna see an official sneak peek thread for all the FW19 gear?

                            IWHWIH

                            "OK face up to it - you're useless but generally pretty honest and straightforward . . . it's a rare combination of qualities that I have come to admire in you" - Geo 2011

                            last edited by 1 Reply Last reply Reply Quote 0
                            • gaseousclayG
                              gaseousclay
                              Joined:

                              @Giles:

                              @gaseousclay:

                              So when are we gonna see an official sneak peek thread for all the FW19 gear?

                              IWHWIH

                              Sent from my iPhone using Tapatalk

                              WTB:
                              IHSH-129 size L (blue)
                              IHSH-19

                              last edited by 1 Reply Last reply Reply Quote 0
                              • BloodnThunderB
                                BloodnThunder
                                Raw and Unwashed
                                Joined:

                                @jdl1279 my favorite pair of jeans, ever, are my custom Companions.  I've had them for about 3 years now.  Back then Iu was operating as a one man brand, he now has employees.  My experience was really great.  I effectively had input in every aspect of the design of the jeans and he was very thorough when it came to every detail.  The end result was excellent.  The cut was spot on and not a detail was missed.  He has a ton of different denim, thread, and other options to choose from as well.

                                I highly recommend them and do not think you would be disappointed with the purchase.

                                IG: Shadesofindig0

                                last edited by 1 Reply Last reply Reply Quote 0
                                • J
                                  jdl1279
                                  Joined:

                                  Thanks for the feedback. Looking at a lined winter work jacket from one brand or the other. Was curious to experience and how much one could customize pieces to fit the need

                                  Bourbon: because living in Kentucky just makes you want to drink

                                  last edited by 1 Reply Last reply Reply Quote 0
                                  • HeavyGenesH
                                    HeavyGenes
                                    Raw and Unwashed
                                    Joined:

                                    Looking to get some basics and came across this site. Just seeing if anyone has had any experience with them. Or have any info at all. They have lady white co and velva sheen at discounted prices. But my spider senses started tingling. Thanks in advance.

                                    So I guess my question: Is this website legit.

                                    https://wearingsunday.myshopify.com/

                                    Sent from my iPhone using Tapatalk

                                    Cheers! 

                                    last edited by 1 Reply Last reply Reply Quote 0
                                    • C
                                      Crit_Obs
                                      Joined:

                                      @HeavyGenes:

                                      Looking to get some basics and came across this site. Just seeing if anyone has had any experience with them. Or have any info at all. They have lady white co and velva sheen at discounted prices. But my spider senses started tingling. Thanks in advance.

                                      So I guess my question: Is this website legit.

                                      https://wearingsunday.myshopify.com/

                                      It is not legit, it's a phishing site used to collect people's cc data.

                                      Customer service email: service.naot**@gmail.com**

                                      Nope, nope, nope.

                                      last edited by 1 Reply Last reply Reply Quote 0
                                      • HeavyGenesH
                                        HeavyGenes
                                        Raw and Unwashed
                                        Joined:

                                        Thanks.

                                        Sent from my iPhone using Tapatalk

                                        Cheers! 

                                        last edited by 1 Reply Last reply Reply Quote 0
                                        • gaseousclayG
                                          gaseousclay
                                          Joined:

                                          Never heard of this company. I did a quick look on their site – no address info, email seems dodgy, everything marked down. They could be legit but when in doubt avoid like the plague.

                                          WTB:
                                          IHSH-129 size L (blue)
                                          IHSH-19

                                          last edited by 1 Reply Last reply Reply Quote 0
                                          • W
                                            Wander
                                            Joined:

                                            Hello,
                                            Anybody here in the forum (from Munich Germany) who lives close to MEINDL store. I want to buy a pair of Deerskin Lederhosen - the Glockner. I need help with sizing and purchase.
                                            Whoever can help, I’ll treat you with any IH item you wish (not exceeding $100).
                                            Thanks 🙏🏼

                                            Wander, you fool!

                                            last edited by 1 Reply Last reply Reply Quote 0
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