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Refund policies
Please can anyone advise on wether or not legally a small secondhand clothing agency can state their items are sold as seen, and are unable to give refunds as they are the acting agency not the owner of clothes purchased? Many thanks in advance
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Fully managed office licence agreement
Hi OK I went out and had a look at a fully managed office. They emailed me back and said the following for one workstation: * Monthly fee £150 * Phone & broadband fee (I must take this out) £60 * Post fee (I must take this out) £20 * Plus VAT * We get FREE parking for staff & visitors * TOTAL = £276 pcm (inc VAT)…
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VAT on car repairs
Hi All I'm currently registered as self employed with HMRC and voluntarily VAT registered. (all my business is with companies) I just use the 45p/mile for my travel and I understand that this covers maintenence (I claim VAT on the fuel element) , but I've just had a heafty £2.5k bill for a gearbox. My question is can I…
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SE- How to take card payments?
Hi there, My name is Martha, I have posted a similiar comment on other thread, because I am not very sure where should I wirte about this. I am a self employed catering professional. Typically I have problems to take card payments on events or takeaways. I have been browsing on the web, and I have found many solutions,…
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Are there any REAL business bank managers out there?
Visit to our new business bank 'manager' (they change every 6 months). This is the bank we have been with for 10 years now.. Us .. Hi , things are going really well. our loan will be paid off early next year because of overpayments and our agreed overdraft is reducing rapidly . We still have a problem with the Xmas period…
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A new business without track-record?
Bit of a chicken and egg situation and would welcome any advice/ideas... I have a business idea and the normal advice to allow you to show potential (to grant holders, business loan organisations etc.) seems to be to start start small and show that it can be profitable and then to demonstrate how you think you can scale it…
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Teaching payroll on company premises?
I do have another business I am working on but it may be some months before this is properly up and running and possibly over a year before I can take a wage. Cut a long story short I really need to find work (day job) by the middle of January and its highly unlikely I will. So I was thinking. Because I have accounts, Sage…
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Buying second hand good for business use
Hi All, I recently took Voluntry redudency from work, and decided to set up as a self employed musician, and music tutor. I need some equipment to make my life easier in my teaching studio, I have seen a second hand one in the local Ad trader which is a fraction of the price band new. As this is a business expenses my…
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Exisiting business opportunity
I currently run my own children's entertainment business and have been offered the opportunity to buy a share of an existing business, a children's soft play centre its been allowed to run down slightly and the owner has lost his mojo but we can see that there is lots of scope for improvement and have lots of ideas and…
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mileage allowance for self assesment
I'm not under standing the tax allowance question, in self assesment , for my vehicle use. I'm a market trader and I want to claim the 45p per mile alowance, as I use the family car at present. How do I enter this on the form, do I just calculate say 1200(miles) x 45p, then enter this figure.Or must it be the fuel cost,…
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Valuing Stock
Think my wife and I have finally got on top of what we need to do accounts wise. Quick question, we know that stock (fabric in this case) is valued at cost, but are we right in thinking that P&P is an expense and not included? Seems obvious but just worried that HMRC have a different view but can't find a definitive…
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How to? Create a viable Ltd company…
I currently have a partnership business and obviously this entails me also being “self employed”. Our business is partnered by myself and my wife. We are establishing the business, it makes a very small profit and I work in full time employment as well to support our lifestyle. We want to expand the business and primarily…
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business bank account
Can anyone tell me if I need a business bank account? I'm currently on Maternity leave but still have to pay the ridiculous £5.50 a.month charge plus when I do.use it i have to pay for each transaction. If I close the account could I do it all through my personal account? If I close the account I won't be able to open a…
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A3 property advice
Hi all, I am not sure if I am posting in the correct place, but I am seeking a bit of advice or second opinion. I am in the process of buying a A3 commercial property with three studio flats upstairs. I currently have a solicitor who is hard to get hold of even after weeks of chasing via calls and emails. When I do finally…
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registering a copyright
I have a website and have produced a guide which I would like to sell on the site. How do I copyright the document and what would it cost?
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Setting up a philanthropic fund
I would like to set-up a fund for the benefit of others in a certain section of society, but I am unsure what organisational and legal structure I should be looking at. I am somewhat familiar with running small Ltd Co's, but not trusts, CICs, charities, etc, and am not sure which is appropriate for this venture. At the…
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self employed or employed starting a business
Been out of work for a while and have been offered a full time job. We do however want to start our own business. Is the support out there the same for employed or unemployed people with access to grants,start up advice etc. the start up costs are around £5000. thanks for your help
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Do I have a case (buyer returned phone with water damage and ebay forced refund)
I sold a phone worth £200 to a buyer on ebay. I'm a business, they're an individual. After a month they said the phone had stopped working. I sent it to the manufacturer who came back and said they could not repair as it was tested for water damage which is also not covered by the warranty. So, I tell the buyer this. They…
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Setting up limited company
With your help can I get this right please. I was thinking limited company as if things don't go well I won't be left with huge debts. * I have business plan. * I set up limited company. Can I do this myself or do I need an accountant? How many people need to directors? * I've found a suitable office. The rent is fully…
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Graduate starting up a business
Hello, I'm looking at registering a photography business, but I am still living at my parents house. When I go through the registration process with the HMRC I get put off at the point where it asks for me to enter an address. I'm just a little concerned that if I register my parents home address then it will affect them…