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Cyberessentials
Hi everyone! We've been working with Cyberstreetwise the last couple of years to help give them a consumer perspective. We thought it would be interesting to gauge the uptake of Cyberessentials among MSErs with small businesses. If you don't use it, if you're happy to could you tell us why? Is it price or something else?…
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Small Business Set Up - Querys (HELP!)
Hi, I have recently started a Facebook page selling kids clothes and am in the process of building a website. I know that I need to register as a soletrader but I'm confused as what else needs to be done. I am currently importing clothes from China as I have found some good quality sellers on the wholesale sites, however I…
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UK Charity - Which On-line Donation Portal to use?
I have been looking around for ages to find the most suitable online portal for donations. If I was expecting most of my donations from the UK then it would be an easy choice, however as my site, Goa Outreach is helping children in India, I seem to get a lot of interest for donations from India. So, does anyone know of a…
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Do I need to self-assess?
Hi all, I hope somebody can advise me. I've got a few books self-published on Amazon, and I'm starting to worry that I needed to register for self-assessment with HMRC. To say I've made a profit would be laughable, I've sold a handful of copies amounting to around £20 in royalties if that - my expense for my editor alone…
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Tax Return
I was helping a customer updating their account spreadsheet sums, which had an issue with the sums. Anyway she showed me her Tax Return her accountant (ex HMRC employee) did for her, and she did not even realise that the accountant put down over £2000.00 as expenses like gas/electric/rates £1980, advertising £170.00,…
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Drop Shipping
Hi all, I have a seller account on Amazon.co.uk that I have used to sell books over the years - very small time. Over the past few weeks I have been reading about drop shipping and have made contact with a furniture wholesalers who do lovely stuff with the hope I can start drop-shipping through my amazon account. Just…
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using tax reserves to fund cash reserves
I'll do my best to explain this: My friend wants to set up a business with two others as a limited liability partnership. Voting rights will not be equal nor will the profit share as the other two are part time and with different levels of expertise. None of them want to put up cash for working capital. An accountant has…
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Are business costs prior to setup of company OK?
Hello Friends I have between 5 and 10 business expenditures relating to my small limited company that took place before my company was event setup at Companies House. They took place about 3 to 4 months before the Company was officially created. When I do my accounts, can I put down those down as costs too? Or would the…
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foreign websites doing business in the UK
Regerence to this link: https://www.gov.uk/running-a-limited-company/signs-stationery-and-promotional-material What does the UK law say about foreign websites and ltd companies who do business in the UK? Do they have to put any foreign registered business name/address/ltd details on their website? For example: If they do a…
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CH: Charity investment managers recommendation please?
Dear all I work for a small charity which uses an investment management company to manage the investment portfolio. We've been with them a while and are not sure we're getting best value for money any more, the fees seem quite high too. After half term I'm going to be researching other companies but wonder if anyone on…
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Business Banking application declined due to personal credit score
Hello, I recently applied for the Start-Up business account with Santandar for my UK based Limited company. I have received an email from them today advising that my application has been declined due to my credit reference check. I only quit my full time employment at the end of January 2016 and have been in full time…
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Bizspark membership
In January 2010 I left my previous employer and joined my existing employer. My previous employer offered me consultancy work on a number of occasions between January 2010 and December 2013. Therefore I registered as a business and filled out a tax return each year. I earned about £200 per year for three years as…
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Advice on Mobile Accounting Packages Please?
Can anyone give any advice on mobile accounting packages? We have a Ltd company in business about 10 months now, selling tools to the motor trade from a lorry (like Snap on Tools), and we have been using Invoices2Go on an iPad Air which is supposed to be shared over the Cloud and visible on the desktop but we haven't found…
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Parcel account recommendations
We currently use Interparcel and Hermes to send our parcels (Hermes UK and Interparcel overseas) but I'm looking at getting an account set up as the volume is increasing. Currently sending between 5-15 parcels a week, but it's increasing - most are 2-5kg in weight and in fairly big boxes (bigger than a crisp box) so they…
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Using a brand and UK domain if used in USA
I am looking an trying to find a website and brand for a web development business. I have found a great name, with the UK domains available. But have found a small 6 man Silicon Valley firm is called and uses the .com? Can I use the brand in the UK and co.uk domain without issues?
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Portable Printer
OH runs a small business and has always issued receipts from a carbonless receipt book. I'm trying to drag him into the 21st century by getting a mobile printer he can use while he's out and about. It would also look more professional. Does anyone have any experience of which are good/bad? There seems to be a lot of…
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Flat rate VAT - worth it?
I just want to clarify something about the VAT flat rate scene if I could, any comments welcome. Currently for a £100, I charge £100+20% for UK sales (it's all b2b, all clients also registered). I give HMRC the £20, and do all the regular quarterly submissions etc. So far so normal. I thought about the flat rate scheme,…
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securing funding to purchase a business
To the forum... I've been wanting to own my own business for a long time but the reality is, I have no savings with which to finance such a purchase. I did look into grants and Peer-to-Peer loans but nothing appropriate was available. So my question is... what other avenues could I pursue?
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Have your say on the Enterprise Bill
Have your say on the Enterprise Bill by submitting your views to the House of Commons Public Bill Committee which is going to consider this Bill. Read the text of the Bill in full on the Parliament website. Submit your written evidence to the Committee before 5pm on Thursday 25 February. Please note that when the Committee…
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Business Savings account
Hi, I have a 18 month old LTD company and doing ok. I have a fair old amount in my business savings account which i don't need for working capital (100k+). My current barclays savings account just doesn't anything. I thought about paying corp tax early as my accountant told me they would send back the interest. But long…
