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Worth starting or not?
I am a first time poster although have read these forums for some time and would appreciate other peoples perspective now on my own ideas. Having reached the ripe old age of 50, I now find myself wanting to do something worthwhile with my life. I am not in a financcially secure position so anything I do will have to bring…
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Smoking policy?
Just wondering if anyone involved in small businesses has implemented a smoking break policy? I know it's a thorny issue to retrospectively come up with a fair policy given at the moment people just go out to smoke as they wish. In the past, smokers tended to make this very brief, but lately it's becoming more of a social…
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Setting up a business for a mobile phone application
Hi Folks I just wanted some advice on setting up a company and the right way forward. I've spent a while on the phone to various helplines now but am no clearer! My situation is that I am employed full time, and I also work for myself which I do a separate tax return for and NI payments etc. I have had an idea for a mobile…
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Can i open a starter business account or not?
My landscaping business started approx 8 years ago, and ive been paying everything into my current account with no problems. I have recently decided to open a business account, but i wonder whether i quailfy for a starter account with free banking as its my first business account, or do i go straight for the normal…
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MSE News: HSBC axes free banking for 100,000s of small businesses
"HSBC is ending fee-free banking for hundreds of thousands of small business customers from September...." Read the full story: HSBC axes free banking for 100,000s of small businesses Click reply below to discuss. If you haven’t already, join the forum to reply. If you aren’t sure how it all works, read our New to Forum?…
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Does last years tax payment come out of this years profits?
Hi guys, hopefully a quick question...and probably a silly one! I'm just cobbling together my accounts for this year ready to send off to my accountant and I'm just guess-timating what tax will be due. My accounting year runs from Sep to Aug. I sent a payment to HMRC in Jan this year to cover last periods tax bill. So…
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Anyone Use Quickbooks for Payroll
I am a bit stuck, having searched through the internet I still cant see any clear answers so was wondering if any of you mser's would know:- I have a received a P45 for a new starter after the first payment run has been done. The advice on HMRC is to adjust the employees database entries for the week you started to show…
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shopping cart
What the cheapest way to get shopping cart or pay button onto my website.......I know nothing about IT so please be gentle
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Company and PAYE
Hi could someone please advise on the following? I'll try to keep it simple. I would get an accountant but only expect income to be in the region of £4,000.00 this financial year and relatively short lived work. * I have a Ltd Company with myself and my wife as Directors. * We started trading this August and only expect…
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Ltd Company Closure after death of husband...help needed asap please!!!
Hi all, I hope someone can advise me, i cannot seem to find the answer to this anywhere! My husband passed away a few weeks ago. He was sole director of his business. Unfortunately during the last few months of his life when he became very poorly and unable to manage the company effectively a few debts built up one of the…
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Question
Ok, A Business owner takes £500 for his own wage out of the business's income each month. The rest of the business's income goes on expenses to run the business and the left over money stays in the business account. A year passes by, the profits add up in the business account. Can the owner draw out the money in the…
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Husband sole trader going down with dementia
Forgive me for being vague about what we sell but if I am at all specific we will be very easily and quickly identified by anyone who knows us at all. My husband is a sole trader - online sales of an item which is heavily dependent on my specialist knowledge. I can run the business without him. He turns 65 in a couple of…
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Fixed line alias for mobile phone?
Hi all. I wonder if anyone can help me. I am starting up a consulting business from home after redundancy. Rather than put in a third phone line (my wife has the second line for her own work) I am wondering if it is possible to buy/rent a "fixed line" phone number that I can publicise but which automatically diverts all…
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NARPS to join or not to join?
Some of you may have seen in past threads that I am in the process of setting up a pet sitting business. I've had a few customers so far and I've only been going for 2 weeks. I'm in 2 minds whether to join NARPS. National association of registered pet sitters. It costs £149 for the first year then £50 every year after. I…
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short term/flexible volunteering??
Hello! I'd like to do some volunteering in my local area as I have some free time on my hands, but I'm only in the country until October when I start my new work contract. Does anyone know if there's a website or somewhere I can find out if this is possible? Thanks in advance!
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Starting 2 business's can I have one account?
I say starting two business's but they are both part time. One is really a paying hobby. Photography. The other is mobile hairdressing. Which I have done in the past. The photography is going to be rare. Maybe not even one a month. I don't want to have to worry about 2 sets of tax returns. Can I have it as one business?…
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When to admit defeat and call it a day...
Hi All, I'm just really after some opinions/advice. First I think it useful that you know a bit of background. My Primary occupation is a musician/teacher. I left school during my A levels as I really wanted to start my own teaching practice. It took me years (literally, 10 Years) until I managed a decent income from it.…
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Starting a hire company online
Hi everyone, thanks for looking and forgive me as I have little/no experience in this..... For years now I have wanted to start my own hire business online, renting expensive designer handbags. I had originally thought of the idea, when there were no companies existing that did the same thing. Now there are a few, but I…
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How much tax back will I receive
Hi All, My first tax return is about to be sent off via my accountant. I will be due a refund but have no idea what this will be. There a net loss of approx 7k but what would this equate to with reards a refund?
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help starting up a small buisness whilst still working
Hi Just hoping if anyone can give me some advice on the best way to setting up a business whilst still being employed . I am currently in full time employment and I am thinking of setting up a small business on the side whilst still being employed. My business will be mainly writing quotes for tenders and pricing…
