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Business rates v. council tax (and a bit of a planning enquiry!)
We're looking at running a residential training centre in a building which has C2 use as a care home (which falls into the same planning classification as a training centre). But we plan to use some of the building as our home (checking this out with the planners at the moment). So presumably if we can do this (keep the C2…
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Are you not allowed to pay N.I contributions if you earn less?
I am self employed sole trader. I always earn less than £4000 per year profit. I did have a certificate of exemption for NI contributions as I was earning less than the minimum needed. It ran out last april so I was given a form which asked what I wanted to do next (either apply for another exemption certificate or start…
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Unfair Exhibition Event Cancellation Charges
Hi, My partner and I have a small business. We have exhibited at Bluewater Wedding fair for the past 2 years at each event they have held. The last event was in March. We did that one and on the final day when we were packing up, we were tapped up by one of their sales team. They offered us a £40 discount for booking a…
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Changing from sole trader to limited company - help needed
Hope someone can help please. My hubby has been a sole trader for many years using a personal bank account and paying self employed N.I. payments from this account. I have been doing his books and also completing his self assessment tax returns each year. Now however, for an extra layer of protection, as the business…
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new partnership alonside exisiting Self employed
Hi, can anyone help me ? I currently run a small self employed business, as well as being employed. I am now wanting to add a third arm to this, and to set up a partnership with a colleague, and am really struggling to get advice on the HMRC web site. I have already hung on the phone for ages so am not keen to repeat that…
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Distance Selling Regulations with Wholesaler?
Hi everyone, I wonder if you could help. I run my own small business via my website/facebook. I am aware of the distance selling regulations I have to adhere to with my customers for faulty good etc. however do these apply to me as a business customer with my wholesaler. Recently I bought some goods and a lot arrived…
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Basic Food Hygiene - Online?!
Hi all, I'm looking to do my basic food hygiene certificate, Google throws up a lot of sites that offer this online (2-3hours training then a test) Has anybody any experience of using these? Thanks
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Ssp
The Percentage Threshold Scheme (PTS), which allowed employers to reclaim Statutory Sick Pay (SSP) in certain circumstances, is abolished from 6th April 2014..
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questions about setting up an ebay business
i work full time at the minute but i'm considering setting up an eBay business in my spare time buying and selling computer games. it's more of a hobby really, but i've roughly worked out i could make £200 profit a month. i don't know the first thing about stuff like this and looking for general advise on:- a) whether it…
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Thinking about buying a business
Hi all. I have been bored with my work for a long time, and recently started looking for businesses to buy. I have found a local Sandwich shop that is for sale, at a reasonable price. My question is this; do I risk my stable and reasonable income - when I say risk, I don't mean I'll quit. I'll either take a career break…
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Accounting Company Name
Does anyone have any good suggestions for an accounting company name. I don't want to be an old fashioned type accountants with a traditional J Bloggs & Co. type name. It will be cloud based accounting as well as local. I am clueless with this as every name I think of is taken!
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Trademarks Dilemma
Hello all, I'm hoping to hear some peoples opinions/experience along the lines of my trademark dilemma. Names have been changed to protect the innocent!! In March 2012 I registered a trademark, The Green Valley Widget Company. I have since learnt that there already exists a limited company called The Green River Valley…
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bus lane fine, tax deductable or not?
On route to client visit which was wholly for business purposes I was in a rush and just followed the satnav down a bus only road and got slapped with a £65 fine. Was curious if the tfl fine was tax deductable or not. The information I got from the accountant was that if it is a statutory fine then it needs to be treated…
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stock / end of year returns
not sure how this is dealt with? apols if its a silly question? sole trader doing SE assessment. if you buy stock during the last tax year but it will not sell until next tax year, how do you account for this in your returns? for simplicity of example: stock purchased in 13/14 totals £1000 will not sell until 14/15 say for…
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Alternative to PO BOX
We are registering an organisation as a charity and need a address - we wont be getting much mail and PO BOX seems very over priced. Does anyone have cheaper suggestions? We are based in London.
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Car Registered to Business Or Personally?
Hello Just about to buy a second hand car for business purposes, it will have a shiny new insurance policy for business use but wondering about who should own and pay for it. 3 options: 1/ I pay for it personally and register it personally 2/ I pay for it via the business and the register it to the business 3/ I pay for it…
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Business Ideas
I am a software developer with a degree in Business Information Systems. I work full time for a local company. I have always wanted to work for myself at least part time. I work occasionally for a previous employer as a Freelancer and fill out a tax return at the end of each year. The problem is that whilst I am strong…
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list of reputable charities
is there one that lists charities considered reputable which spend the money as claimed? thanks
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Is it worth being VAT Registered
A friend and I open a shop 6 month ago and before we opened we registered for VAT. I don't believe that it is of benefit to us, as are only bring in £8000 per quarter and have had to just pay VAT of £600 for our second quarter. Is there any advantage of us being registered for VAT. We buy an item for £100 from our supplier…
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Ltd Co Contractor - maximising take-home - within reason!
Hi All, I've asked my accountant to try and come up with some figures for me, but while I wait, I figured it was worth asking here! I'm an IT contractor, with an Ltd Company, operating on the fixed-rate VAT scheme (ie, I charge 20%, and pay 15%). My wife is currently not salaried (full time work herself), but is a…
