-
Business Advice | Wholesale | Imports
Hi All, I am planing to start my first small business and had some question about obtaining stock. I have found a number of websites that will provide me wholesale goods on the items I want to sell, however I am a bit unsure on what the best approach is. The UK companies can provide me stock but the price I pay sometimes…
-
Best small business for beginners
I would love to start my own business early next year but I'm still not sure what small business would fit for a newbie like me. This will be my first business venture and if this will work, I will be confident to leave my regular job. Someone suggested food franchising to me but I'm still open to new suggestions.
-
Non domestic rates bill not my debt
Not sure this is the correct place for this question. Hi Folks, I am sick with worry and hope you can help. I look after some animals that belong to a lovely Gypsy man that I have known for over 20 years. The man has a horse that lives out in the field all year. 1 Goose, 1 Hen 1 Duck and a cockerel that I check on every…
-
Profit overlap and self-employment
Hi all, just wondering if anyone has an understanding of profit overlap and whether or not I need to do anything until I cease being self-employed. I became self-employed in September 2007 and for the first few years (until 2012) had an accountant. I do my own tax returns now. My accounting period is September-August each…
-
Help Mediating with Franchisor
Please help me!!!! I am about half way through a 5 year franchise agreement. I have definitely been misled along the way but do not have the funds or strength to take action against them. my plan was to keep my head down and do my time... My current issue is serious cash flow problems. I am going to be unable to generate…
-
Planning Permission for Business Query
I have a business idea but need a few questions answering before I know if it's a goer, so any comments are welcome, especially if you have the relevant experience/knowledge! The basic idea is nothing new, I want to start a holiday home business, specifically hiring out log cabins. The business has a bit more to it than…
-
Sole Trader - Buying a Car
Hi, I am self employed and need to buy a new car. I have been reading the HMRC website and from what I understood if I buy a car with a emission rate <75g Co2 i can claim a first year allowance of 100% (of the business use) I'm slightly confused about this. So the hybrid car I'm looking at costs £30000 - toyota Prius…
-
Can I change an accaount mid year?
I am a LTD director with two people on payroll including myself. How easy/difficult for me to change the accountant now without having to wait until the end of the year, as I am very unhappy with him at the moment.
-
Closing hsbc account while still having loan with them?
Hi, I am thinking of closing my hsbc business account and going with starling bank to save the fees but will I be able to do so as I have a business loan with hsbc? Thanks
-
New Notemachine ATM commissions a joke
I own a building in a small (remote) town that hosts a hole in the wall accessed via an internal security booth. It's quite a big booth and takes a good bit of the property up but the payments made it worth while and it enabled me to let the rest of the building as a PostOffice at an affordable rent. The ATM is the only…
-
Collecting Credit Card Payments
Hi all I am not sure if this is the correct forum for business users so forgive if not. My company has decided to collect payments from customers via their credit cards. We had a bad experience with a previous card payment supplier, charged exorbitant cost for inks, papers, machine and long term contract, and we are a…
-
Invoice different from quote
Hi there, I recently paid an invoice which was different from the price quoted to me. I didn't really notice because the invoice came in as £7.81pp ex VAT and the price quoted was £7.18pp ex VAT. I ordered 200 so I'm about £150 down. Do I have any recourse? Any help appreciated!
-
Question about late filing fee
Hi everyone. I set up a Ltd Co after being made redundant 3 years ago - I was advised to do so in case any consultancy work came my way. It never did, and the Co has never traded. Each year I've 'filed' online attesting that the Co is dormant. This year however I was a few days late, and incurred an automatic fine. I have…
-
Tax man and receipts
I'm just about to ove house and I'm looking at all the receipts I have kept in case the tax man visits. I think you have to keep them for 5/6 years. They take up a lot of room and are a pain to keep and it's annoying when I have bank statements with all my incoming and outgoings, purchases, etc. listed. And as i sell on…
-
Free/cheap website
Hi everyone, I am starting up my own business and wanted to ask if anyone knew of any free/cheap website builders. When I say free/cheap, I mean both creating and hosting, as a few websites try and catch you out at the end with big fees. I am not looking for anything fancy - even a single page hosted will do until my…
-
Drawing a salary from a limited company
Hello My husband was made redundant several months ago, so has set up a limited company & is doing consultancy work. When drawing a salary do we have to work out & pay tax/nic each month? Or does he need to complete a self assessment at the end of each year? We haven’t yet registered for PAYE. Also is he able to claim…
-
Whats best way to Receive payment from USD?
Im currently in negotiation to do a short bit of online work. And the employer is going to pay me in USD. They originally suggested to do it through PayPal. But I'm trying to find out if there is a better option. I even checked my banks website, but the only information I could seem to find is about buying currency not…
-
Making Tax Digital
I'm given to understand that MTD becomes compulsory by April 2019 - can anyone confirm that? Isn't there a cutoff for small business? Many VAT registered companies are still too small for accounting software and many who have moved to accounting software do not want to be dictated to by software suppliers to upgrade (and…
-
Facebook help please
I have a facebook page for my plumbing business, I last posted on there 5 years ago. I also have a personal facebook account. Ive forgotten how to post as my business. Ican see my page but just dont know how to post. When I try to get passord with email it seems to be my personal account. I remember this happening 5 years…
-
Free business plan software, Enterprise Allowance, etc.
I have been considering setting up a small business and I want to put a business plan together. I am currently under the Job Centre and in receipt of Universal Credit. I am in that 'black hole' between benefits and I am getting into some debt with rent and council tax. I have also had to take out a loan of Universal Credit…
