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Wix website price hike
I am a retired nurse who makes jam for a hobby. I was persuaded by friends to sell it and now have a very small successful business. I sell to local shops and cafes and via an honesty stall. I also have a website as I was contacted by tourists asking if they could buy more after they’ve gone home. I have 10-20 online…
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Company shares and separation
I am director of a small limited company. Just me as owning all shares except wife who just draws enough in dividends to use her tax free allowance. Currently £500 per year. She is wanting to separate. I am the only other shareholder. Nothing in the way of assets other than computer equipment needed for the job. My…
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Commercial Lease - Removal of goods
I've taken on a new lease for my business and the previous tenants have left a fridge sized server cupboard which is wired in. It's about 1m x 1m. It's very ugly and I'd like it gone. I could possibly sort it myself but I'm wondering if the it's the landlords responsibility? I've sent a message and awaiting their reply.
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Has business asset disposal relief (BADR)been scrapped from april 25
After 22 years and working to 75 I am retiring and plan to liquidate my solvent Limited Company. I had assumed that the mainly cash assets would attract 10% corporation tax as my wife and I would have been eligible for the entrepreneurs relief. But now I am hearing that will no longer be the case due to the last budget.…
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Limited company and deceased sole director
Hi After spending almost 12 months going around in circle I need some advice please? Last xmas my dad unexpectedly passed away. He was a sole director of a small limited business with an apparent friend being a 20% shareholder. Dad was not married, nor held a will. The business was closed was immediate effect and all…
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How to enforce a charging order on shares
I have a charging order against the shares of a limited company held by its director. And, as a consequence I should be entitled to be paid the dividends which correspondent to these shares. I do not what are the dividends and when they are paid and how to be paid them. In the balance sheet of this company filed in the…
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Royal Mail Stamp Swap Out over £200 : any advice from experience please
We are currently preparing - with some trepidation - an application for the Royal Mail Stamp Swap Out over £200 (new application form and T&Cs from Sept. 2024 / sending by Special Delivery Guaranteed) We are following the instructions therein to the letter - at every step. There is a considerable sum of stamps involved.…
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Google Ads - Be Warned
If you are a new business and take the advertised spend £400, get £400 free Google credit, be warned! I recently invested in Google ads because of the promotion, under the impression that I would spend £400, and get £400 back. After much chasing, they informed me that a promo code needs to be applied when you first open an…
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Tax return question from property income
Hello, I have rental income that I started to receive from the 07/01/2024; so when filling my self- assessment, am I just putting income from 07/01/2024 until the 05/04//2024 for the rental income received? It also asks about how much I earned from main employment, again, is this just for the same period as above or would…
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Any suggestions for HR Company for small business MANCHESTER? Need contracts renewing etc
Hi all My families company is constantly growing, which is good news. However, the office staff are being bogged down by HR Issues, that quite frankly they are not trained to do. Therefore, the business has decided it needs some specialist help from a professional HR company. The business needs help with the rewriting and…
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Missold?
Hi Everyone, I was wondering if you could help.. I tried posting this twice but it got removed without a reason I could see. What did you buy? £400 Google Advertisement When did you buy it? June 2024 Where from? (internet or in store - it DOES make a difference) Internet How did you pay? (cash/cheque/debit card/credit card…
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Business car for partnership
Hello, I intend to purchase a car for business issues only. I’m currently in a business partnership, which is quite small with relatively low turnover. My business partner does not drive currently, so it will just be me using the car. Am I able to claim back the cost of the car (£900 odd) And all insurance and tax? If so,…
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UK Business Banking with major overseas shareholder?
Hi all, I've recently formed a limited company as the minor shareholder, whilst my business partner and French national is the major shareholder. I approached Lloyds, who i'd banked with for a number of years as a sole trader - to be told a business account can only be opened by a British national with major shareholding.…
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VAT payment
I have been working for someone as a self-employed person for a year but I have not been paid VAT for the services provided. I am VAT registered and have been since I started working for this person. At first he told me that he does not pay VAT to me. For the payments he made to me for the jobs offered, I did not make an…
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Crafting a letter to express interest in buying a business
Hi, Id like to approach buying a business in a particular sector and intend to send an email to owners of a few companies. Can anyone give me some pointers of what to include / exclude/ length of email. As a business owner what would make you take notice of my email? I’ve tried to find a template online but they’re mostly…
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Chase a New Company for the Debt of an Old Company
I can go into more detail if people want but this is the gist. I took a company to court over parking fines they racked up on a car that was in their possession and should of re-registered to themselves. I won the small claims court case and instructed the bayliffs to execute. They went to the property to be told that the…
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Issues with Euro payments into HSBC UK "Global Wallet"
Hello, I'm a contractor and am losing my mind trying to get paid for a Euro client that I'm working with, for reasons that I can't quite grasp, so I'd really appreciate any help! Here's the context: - I contract through a UK based Ltd company that is UK VAT registered. I use HSBC UK for business banking. - The placement…
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Franchise Advise - Is This Fair?
I've been working for a small company for a few years, managing most of the operations, including sales, client calls, and conversions. I'm employed with a good salary and a bonus structure. Now, there's an opportunity to branch out and open my own franchise nearby. Both the owner and I are confident that we can scale the…
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Help Needed With Motoring Expenses
I'm a sole trader and my car is used partly for private and partly for business use. At the moment I am using 45p/ mile for business mileage, but having looked at recent figures I would be much better off using the actual costs and apportioning them for the percentage of business mileage. Am I free to change the system…
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Raffle Rules
I have organised a raffle for a charity I’m a trustee of. I have the licenses required, and tickets are on sale. Having been out trying to push tickets, I am now concerned that I won’t get the volume of ticket sales to justify the draw and cover the costs. I can’t find what the rules are around this. Can I not go the draw…
