Small biz MoneySaving

Hi, I am hoping you can point me in the right direction.A charity has asked me to set up and run a comprehensive training course on a fixed term contract. They will be paying me around £20k to create it, spread over the year. I will work from home with most meetings being remote. I am not expecting any follow on work…

I’m doing a self assessment for 23-24 and I’m looking for clarification with the following. It’s not big income, just 1800.00 after expenses. The box is ticked to pay Class 2 NICs which should be 179.40. 'Interest received from UK banks and building societies' comes to a figure of 116.00 When I get to the 'View your…

Hi, A Management Consultant I'm not entirely familiar with who works for a company I worked for recently got in touch with me asking me to do some ad hoc freelance work to analyse some data as the client he is working for who has great attention to detail has discovered inaccuracies with his analysis. I agreed with the…

Got stock in USA need back to UK.12 boxes 10kg each.At moment its £600 by air but it wont let me send by sea.I cant find anywhere by sea. Anyone know anywhere or good places.

After some advice on a car lease, please. I am currently paying my car lease as a personal lease. I am looking at moving to a full EV, and would like some thoughts, please. P11D Value - £49,725 BIK £995 going up to £1,989 26/27 Monthly lease costs of £475 Current pay is £50,270 Net profit circa £100k I like the idea of not…

Hi, Everyone was so helpful on my last post, I was hoping to ask another question. As my Ltd company has been struck off, can I use the same name as a sole trader but omitting the Ltd. So instead of Sticky Stuff Ltd, could I use Sticky Stuff (made up name btw) What are the rules surrounding this? Can you even use Ltd if it…

Just wanted to do some research about a website called Tik Accounts. Has anyone heard or dealt with them? They basically offer creator accounts with 10,000 followers for a fee.

We have a separate building in our garden which was legally an annex to the main residential dwelling. This annex was actually let out as a full-time, furnished holiday let since August 2013. In August 2023 we applied to regularize it with a certificate of lawful development, which was finally granted in June 2024. The…

For accounts which are in my name but are children accounts, do I need to include their interest in my interest sum when doing my SA?

Hi, Apologies for the cry for help. I have managed to get myself in a complete mess and I'm not really sure where to start. I'm actually a little scared. I apologise for the potentially long post, but I feel I need to explain so you have the full picture of what my situation is. Back in 2020 I registered my self employed…

What is the best way to contact HMRC to get tax codes updated correctly? Moving from 1 PAYE job to 2 separate ones plus some self employed work.

We are going limited - But I know very little. Please send me the basics I need to know and any best tips / advice! Please! 🙏🏼 

I own a small restaurant in Liverpool. In 2022 we used a broker to get us a business energy deal (at the time energy deals were record high). We had no experience or knowledge of business energy so relied on our broker to get the best deal for us in our position. We contacted a broker that got us on a deal with Valda…

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Hi Folks Can someone kindly recommend any online business networking groups? Thanks

Looking for recommendations for a cheap virtual office address to move an LTD to. Mainly for consistency and privacy. There might be the odd 1-2 pieces of letter mail that gets sent to the address. So either mail forwarding or mail scanning would be helpful. Price is the main consideration.

Hi, Hope I can get some help. I was sold a franchise with fake promises and projections. The franchise has now been terminated due to my company going through dissolution, which I was not aware of. When I found out that my company had been struck off, I immediately notified the franchiser and I was told that it was not an…

Barclays have taken many £ '000's off us. For over 5 years I have been trying to get it back. Then they froze our Barclaycards. It is impossible to trade these days without any cards. They ignore our phone calls, with all the correct security answers. They ignore our complaints.

The initial start-up capital of a limited company, how does that get taxed? Or is that tax-exempt? Also if there are 2 shareholders in a limited company with 1 share each, if the company wants to sell land, would both of the shareholders have to agree, and can you make it through the articles that the director cannot sell…

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…