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LTD tax return deadline query
Hello, I set up a LTD instead of a sole trader account a few years ago. I stopped trading in September 2022, filed my accounts last year a pricey amount via an accountant. My file deadline is in a few days - I just sent a request to make my account dormant via HNRC and it stated I need to file my final accounts. I don’t…
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Invoice Dispute With Supplier
Hi, We recently instructed a supplier to carry out a job on our behalf. It was a collection of redundant fuel which subject to the quality of the load, we may have got a rebate. We were quoted a transport charge, a disposal rate and then the potential rebates that may wing its way to us. Unfortunately, the tank was empty…
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How will the tax office know where the money comes from?
I am a sole trader. I log onto a website and I get paid for tasks that I do. I can do as much or as little as I like. The company who run the website is based in the USA. They calculate my pay in dollars a few days later and when I want to get paid I click on a button and the money is sent to my PayPal account. From my…
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Fraudulent administrator!
Hello! 1.5yrs ago my partner was in the process of being made redundant, so decided to set up a Ltd business with a friend who already had an existing Ltd business. It was agreed that the friend would set up the business and my partner would be added as a director when his redundancy process ended, and the administrator…
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Contactless costs
I believe the costs to the retailer of a customer using a contactless card is between 1.4% and 1.6%. I was just thinking how much the use of contactless had increased since Covid. This was a bank windfall. Shouldn’t the banks reduce the amount they charge the retailer. This would be fairer to the retailer and could (yes…
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Bt sport help needed
I run a small business and cancelled my contract with BTSport 4 months after my contract came to an end. The service was cut off the next day but the bills however continued to arrive. I have had numerous arguments over the phone with them getting nowhere so I took it to the communications ombudsman. They have rang with a…
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NHS employment and Sole Trader
I’m employed full time with the NHS but want to start up my own small business as a sole trader. I’ve gone through my work contract and can’t find anything stating whether this is or isn’t allowed. Is there anyone on here in the same situation and can let me know what the rules around this are please? Thanks
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How to get out of a 4 year contract
Hi All, new here and hoping someone can help. My small business is stuck in a 4 year electric contract until Jan 2027 & we desperately want out! Main info: -locked in what was a very good rate at the time: 40.19p and 113p/day standing charge (broker used a lot of scaremongering language about locking in 4 years to avoid…
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Accumulated funds in Ltd company
I have been accumulating funds within my limited company accounts (~120K currently +20K/year). Thankfully the currently available interest rates for business savings accounts are 4%+ even for instant access. As such the funds are distributed across a variety of accounts with different fixed terms. The problem (admittedly…
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Setting up a new, small joinery business UK
Hello, apologies if already asked but cannot find the exact information without trawling through Google (which I will also do) we are looking to set up a joinery / home improvement business, ran by 2 people with years of experience. A few questions: - Is it best to set up as a limited company as opposed to self employed…
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Starting Up
Hi, I am hoping you can guide me. I am currently employed and am looking to do some work as a consultant in my spare time. My current employment is salaried, and PAYE is direct to HMRC. I also have Self Assessment set up as I pay extra into a DC pension. At the moment, I am hopeful I can bring in over the 1k per year,…
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I am getting paid for online work, how should I deal with my taxes?
I have an account with a company that pays me to do tasks via their website. They do not make any deductions for taxes or anything else. I just get paid for each task I do. I am wondering what I should do about this? Should I employ an accountant, how do I find a good one? Or is their a cheaper option?
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eSim for a second number
Hi all. I'm lost in the eSim world! I have a personal number with Lebara and am looking for a second number eSim. Does anyone have any advice on where to go for a good deal? Lebara don't do eSims yet and a couple of the others I've looked either won't provide an eSim if you're not already with them, or they only ask…
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Sole trader - joint commercial lease on office - trepidatious
I am using an office that a colleague sublets to me part of the week. The property is being redeveloped by the landlord so we have to leave. As the lease was due to run out we have agreed to look at a joint lease on the next property. Landlord wants money to be paid from one account and colleague has already arranged with…
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Pitching a Trademark Idea - The Brick Wall
Hi. Hope someone can offer some advice please. I have a short slogan Trademark registered in UK, with further applications filed in USA, Canada, Australia, New Zealand and China. It's a one-off idea that I''m seeking to bring to market under a License Agreement. I have no desire to produce it myself and don't fancy going…
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Leaving accountants
Closed Topic
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business bank accounts
Where are people putting their business savings money? Tide is good but gets terrible reviews...?
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Importing from China into Felixstowe
Any recommendations for a freight forwarder and customs clearance company in Norfolk
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Small office business - commercial waste disposal fine
So I run a small office business with almost no waste. The main waste is only a few sheets of paper each week, so for that reason a waste disposal service wasn't needed, I also work from home so I dispose them there. But some weeks ago, the council issued a fine for not having a disposal service and not being able to…
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Sliding Scale Prices...
Trying to work out a sliding scale of prices for a price list. Ie. A discount for larger numbers. I am selling drinks packages for events. Say I price the packages at £10 per person and have a minimum charge of £500/50 people, If I set a price of £10 per head for 50-150 people, I would like to offer a reduced price of £9…
