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lloydstsb change overdrafts from 12 months to 10!
Hi All. I wondered if anybody has noticed that lloyds have changed their business overdrafts from 12 months to 10? .They have reduced the arangement fee pro rata for now but whats the betting it rises before the end of the 10 months!
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Start up business HELP!!! Capital, overdraft, banks, defaults
I have just registered a ltd company and we are looking to launch it in May. I have two personal defaults on my credit file that are due to come off in April. Will the time between April and May be long enough for the bank to access my credit file in a positive way? We will be looking at a £30,000 overdraft but have no…
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New business purchases legal help wanted
Quick background first. I have just started as a sole trader and my girlfriend has recently been made redundant and now is on JSA. Due to a low credit score I have no credit/store cards of any kind and just a debit card for my personal account and one for the business. My girlfriend does have a credit card which she gets…
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VAt for petrol
Hi just want to check i am working this out right.. We claim petrol expenses at the business rate 45p per mile. Thats fine. Now i am working out how much Vat can be claimed back on the milege. I have worked it out as 444miles at 26p (due to car engine size) =£115.44. Then Vat at 20% of this is £19.24. so we can claim back…
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New Business Sales & Marketing help
Hi Guys I really need some advice. I am just trying to launch my little company but don't have very much in the marketing budget. Can anyone give me an idea of how I should be spending on marketing. Is it a % of gross or net profit, or do I give a budget to my sales & marketing person. I have been quoted £100 per day (1…
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I haven't informed hm customs know about new business...
I started a small gardening round last August, it brings in a small amount of income during school hours whilst my daughter is at school...I have yet to let Hm revenue know....does anyone know the penalty for not letting them know within the 3 month deadline? Thanks
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Help with new business?
Hi I am trying to start my own small business making pet collars and beds and a few others things to start with. I have no idea about how to start and build a website at minimal costs and wondered if anyone knows the best way to do this? Also I think I need things like liability insurance and what about tax and stuff I am…
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how to get companies to send small gifts/ samples to members
I have a growing facebook page and twitter for mums and wondered is there an easier way to get companies and brands to want to promote themselves and offer freebies? At the moment i contact all the companies myself individually is there an easier way? Anyone ever had a forum or anything? Thanks
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Handling monthly cashflow problems
Say you have just started a new business, couple months down the line you have managed to buy all the gear. Few monies due dont come in, bills coming in, most can be covered but you are not 100% sure and no gaurentee income will come in time, what do you do about it??
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Funding a New Start-up
Hi, (I apologise firstly if posting on the wrong forum as I am encompassing more than one subject with this) Im looking for some advice with regards to funding a new small business. I have almost completed a business plan, financial forecasts etc to present a case to possible lenders, for in the region of £15k-£20k…
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Buying parents business
Just need a little advice as to whether I should start considering this option and seek my own legal advice on the matter. Here is the scenario. Parents have run a business for 20 years and are looking to retire / pass on my inheritance. The Original business (no.1) turns over around £300,000 per year. In the last 6 years…
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Company buying another business
I was wondering if anyone here has any insight into a company buying another business, off a sole trader? I realise that this is something that an accountant would need to be consulted on, but wanted to see if anyone here had any experience in this, and in particular the legal requirements (if any) for calculating price,…
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going from partnership to sole trader
I have tried asking HMRC this question, but cannot find a definate answer either via the website or through their advisors on the phone. If I want to cease a partnership and just file individual self assessments what do I have to do? My husband and I for the past few years have had a small sideline business offering…
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Self Employment & Benefits - Help Please
Self Employment & Benefits - Help Please We're hoping to become self employed in the next month or so, but are very worried about earnings and benefits, and getting huge £1000's bills from the council or government for over payment of benefits as we've often read about on here. What we know* While ever we are working more…
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Projection of accounts certified by accountant
Hi, DH and I run our own business and we are in the process of applying for a (residential) mortgage. As well as requiring an SA302 for the past two years to prove our income the mortgage lender also needs a projection for the current year audited/certified by a chartered or certified qualified accountant. Our book keeping…
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Need to register and host a Danish website - Cheapest solutions
Hi all, I'm looking to setup a Danish website so need to register and host it. I'm having trouble finding Domain name registrars who cover Danish (.dk) websites. Can anyone recommend a good, cheap and reliable service provider/s that would allow me to do this as easily as possible?Approximately how much should these…
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Registering with HMRC
Hello I want to set up an online business (say eBay), I know I need to register with HMRC..I've got as far as registering for Self Assessment, and I'm starting the Personal and Business information section; if it's an online business, therefore running it from home, I'm okay to put my home address down as the business…
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small biz VAT
do I need to pay VAT if the sales are in Germany? basically I am going to print some t-shirts and send it to Germany where it will be sold. this is delivered by the printers.
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Vague Idea
Hi All, Over the past number of weeks I've helped out a few friends and family members in restructuring their finances to put themselves on a sounder financial footing. I must admit that I got a lot enjoyment from what I did and a great deal of satisfaction. Several mentioned that I should take it on as a part time jobs…
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Tax return: losses for 2012-13
I made a loss in 2011-12. Is there anything on this years tax return to say that I wish to carry this loss into 2012-13? Or do I say this on next tax years tax return? Thanks!
