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Cost of electricity
Hi all, I moved shop last year.... the electricity costs in the new shop are so high. It's costing more than my home.... which is occupied by many children through out the day. Does anyone know anything about types of lighting costs? It's a fairly small shop but it has tube style lights. They are contained in squares,…
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starting up new business
Hi guys Thinking of starting up my own business, trying to make good use of the redundancy money. I am thinking of starting a property management business from home and perhaps looking further move into property development at a later stage. One of the driving factor for the property management business is that we have…
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Trustatrader membership, review thus far
Signed up to join Trustatrader two weeks ago. My experience thus far has been pretty poor compared to my experience with Checkatrade. The same day as handing over my money all my ID, checks, references were sent over etc. Communication has now dwindled to a standstill. Nothing through the mail, one email in two weeks…
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Soletrader & Business Director same time
I'm looking to setup a 50:50 share in a company, We are in the planning stages so the following is a very loose idea of how we see it moving forward. Overall am just wondering if I can have a sole-trader business and a limited company at the same time? Me and the business partner have collaborated on one project before and…
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Section 75 from the businesses point of view
So there are about a billion articles on the internet about section 75 protection, but all of them are from the consumers point of view. How does it work from the point of view of the retailer. Lets say there's a dispute between the consumer & retailer about whether there's been a breach of contract, and the consumer makes…
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Selling a car to the business
Hi, I have a small events company which I use for football charity events. I don't take a salary from it, however any profit has been reinvested into promotional videos, IT kit and training course. I was looking at leasing a car through the business and selling my personal car, however I was advised that since I was not a…
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Registering As A Sole Trader
Morning all. Before I start, I know ignorance is not an excuse. I started selling a few bits online, just casual. Anyway, over the last few months my little hobby has started to snowball, and sales have grown really quickly. I stumbled upon something online which said if you buy to sell on, then no matter how little money…
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Selling Digital Stuff to USA - Tax implications
My company is finding we're selling increasingly more stuff to the USA (bespoke software, and moderations of cloud software they have bought). All our customers are business (we're B2B), so it has always been pretty clear that under the general rule I don't charge VAT for those transactions. It's never been that big a…
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New Micro Entrepreneur Tax Break
I am trying to find out more about the new tax break that Ozzy announced back in March. Does anyone know what HMRC refer to this tax break as so I can find out their official documentation? I've searched a load of stuff but I'm obviously not getting it right!…
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Business address for Sole Trader???
Hi, Just registering the mrs for self assessment on the gov.uk website as a sole trader but unsure what you put for the business address. She works as a nail technician, but pays rent to use a room in someone elses business. (does not work from home) So do you put the business address down (even though it's not owned by…
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Sole Trader change of business status
Hi, Really could do with some advice from anyone in the know. I left a paid job and set up as a sole trader 2 years ago. I saved some money from my employed job and when I left I purchased equipment to hire out in an industry that I know very well. I approached an old work colleague who runs his own business and we agreed…
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Mileage Claim Clarification
Hi All, I am in need of some clarification when claiming mileage. I am a freelance musician/composer/teacher and I travel to a number of different locations for gigs, meetings, workshops, lessons. I am under the impression that the mileage incurred from the irregular / short-contract / one-off kinds of locations and…
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Insuarnaces etc needed for running a paid for children's party?
I'm thinking of running a Halloween party for preschoolers / infants. Parents would stay and I would charge a (fairly nominal) amount to cover the costs with the hope there would be a little extra to cover my time organising it. But what do I need legally? Insurance? I'm DBS checked as teach adults and on PTA, but not sure…
