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New Business Name Ideas
Hello Iv been selling my products online for a few months but only on facebook, ebay etc...... Im thinking now to set it up as an actual business, starting small. Im struggling with a business name however, i dont want anything common like "terris skincare". Iv never been good at coming up with unique names. here is some…
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Gift Aid advice from other charity shop managers/workers
Hello, first time poster here. I work for a small charity that has two charity shops. I am hoping to get some feed back from other charity shop workers and volunteers regarding a Gift Aid. We recently introduced a till system that allows us receive gift aided donations. I am trying get a realistic idea of what percentage…
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Health and Safety
Hello My family and I run a wholesale business in Lancashire with nine employees. We currently contract out our health and safety to a well known company and I was shocked to find out that we're paying them £160 per month. I've never seen anyone from there but apparently they visit once a year. Do we even need to use a…
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Bookkeeping - How to handle petrol expenses?
Hello, I am newly self-registered (sole trader). I have a business account and a personal account. I have a car which I use for business and personal use. Do I pay my petrol with my business account or my personal account? What do I write in my cashbook? Full amount or part of the amount (if let's say I use my car 50%…
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Sage switching to Subscription only- EXPENSIVE!
Just had a call from Sage regarding my Payroll support contract. Sage are switching all their customers to subscription. My contract doesn't expire for a few months, so they were trying to get me to move to subscription early. Happy days if it would save me a few bob eh? No. It's going to cost me 3 times as much! Well, it…
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WARNING ! Sage spam emails
Recently had an email reporting to be from Sage saying that our Sage subscription is due for renewal There is also a link to view the Invoice. A little weird as we don't have Sage lol! Sage have confirmed that they are aware of the emails and that they are spam.
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New business, LTD company?
Hi, I'm looking for a little advice and hoping that someone could help. I'm a full time employed software developer but have a personal time interest/hobby in making Android mobile games. I'm going to put the games on the Google Play store for free but supported by adverts which would (depending of the popularity of the…
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Newly VAT registered want us to pay VAT for past services.
Hi all, My Limited company required the services of a non VAT registered company at the start of January this year. They invoiced us and we paid them as normal. Fast-forward to today and they just emailed, stating that they had "recently been VAT registered and they are having to back date it to the 1st Jan." Can anyone…
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Renewal of Lease
Hello, our lease was up for renewal in March 2014. The solicitor was very slow and maybe very thorough. Consequently it was actually 2015 before the lease was finally agreed and signed. It is a five year lease. I have assumed this means it will be next up for renewal in 2020 but am I wrong and will the original intended…
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Ltd Company in will??
Hi All not sure if this is the right forum..... I'm off to get my will done next week and it occurred to me it would be an idea to mention my company (single person Limited company - I'm the 100% shareholder director)... I presume this is classed as an asset but no idea really... is this something I can 'will' to someone…
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Freelance Bank Account
I'm in the process of setting up as a freelance. I was wondering if anyone could advise in terms of bank accounts? I currently have two accounts with Santander, a current account and a 123 account. I'm thinking of getting another account purely for 'business' transactions. I've seen some peple advise on getting a non…
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Freeholder of my shop wants to sell
I've just signed a new lease on my shop which I've had just over a year. Today I noticed someone outside taking loads of photos. When I asked what he was doing he said he was a professional photographer who's been asked by the freeholder to take pictures as he's putting it up for sale. What does this mean for me? Guessing…
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How does this work?
Firstly hope someone can understand what i am asking, and secondly a thankyou to everyone. Just been on the Ltd Co tax calculator and the following are the figures. Me and My husband are 50/50 shareholders. We both take a small monthly wage from the Co, mine is included in the annual outgoings. His T/C is 1220M and mine is…
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Switching water supplier
Apparently from 1 April 2017, small businesses and charities can choose their supplier of water and wastewater services. Has anyone looked into switching and whether it saves any money? Any tips?
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Vat Question
Hi Dose any one know, if my small LTD company (1 year old) was VAT registered from 1st of March, Can I claim back for any of the following on my first VAT return for the period prior to being VAT registered: Training Courses Small Tools used in various jobs Rental of plant / Equipment Business cards/Work clothing Services…