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Contract
hi , I am wanting some advice on how to get out of a business contract that says I am unable to leave it please ?
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Online Card Processing Options
I'm selling goods online via my own site and currently using Stripe for credit card processing. I'm currently processing about 250 card payments a month for a gross volume of ~£16500 or so. Assuming they are all UK cards, this brings fees to about £281 a month. I sell probably 10% of my orders outside the UK, and stripe…
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Kickstart Scheme Payment Gateway Bust - DWP won't pay
Hi, My company uses the government's Kickstart scheme to provide jobs. Today we where notified that our payment gateway, the intermediary that facilitates payment, defaulted or may have on its grant agreement with the DWP. The DWP has suspended all future payments for our current Kickstarter employees. Meaning they have…
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Company Name and Services Change
Hello - I wonder if anyone can help me? I have a limited 'dormant' company, as I have been trading as a sole trader. I would like to change the name of my company and what it does, ideally without needing to start the process again. Does anyone know if this is possible, and if yes, what it might entail? I am hoping to keep…
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Starting a supply teaching direct company that I work for as a supply teacher
I'm interested in setting up a supply teaching direct company that would be a bit different to normal supply agencies. It has been done in other areas, just not in my area yet. I would like to work as a supply teacher still and it be more direct communication between supply teachers and schools. Like the company teacher…
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Small Business Scaling
Hello you wonderful people, hope you had a great start to the week. I have for several years ran a business on my own, starting blogs and doing online marketing. I even experimented doing some buying from china and re-selling on eBay and made a small profit. I have retained profits but struggle to know what i can do to…
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Becoming an employer?
Bit of a query for those of u with experience..... In Dec the Mrs set up her own domestic cleaning business as a sole trader. It's gone mental and she filled the 38 hours a week she wants to do within a month. We are confident, given the level of interest that we could double the clients within a month if we employed or…
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Starting a business from a hobby - advice
Hi everyone, I’m hoping you can help me and I’m sorry if these questions have been asked before. Last year I went on a career break which turned into me taking voluntary severance from my full-time job. While I was off work I began making Christmas decorations and trying to sell them on Facebook and Etsy. It was a very…
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Paid deposit signed contract, then resign new contract but hidden charges, do they count?
HI,I run a event every year at a building, in 2020 I signed a contract and paid a deposit of £1k.The event was poseponed due to covid to 2022. Then couple weeks ago a new contract which looked identical was sent with a slight change about if there is a virus you still need to pay the fee, but then after signing and talking…
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Debt Recovery Recommendations
Good morning! We are really struggling with a couple of companies dragging their feet to pay at the moment. They're not in trouble financially, just stalling and it's causing us financial troubles. One is almost 2 months overdue despite regular chasing. Can anyone recommend a good debt recovery firm please? It seems a bit…
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Treasurer Accounts - fee-free for charities and not-for-profit associations
There is a useful thread on this forum relating to Treasurer Accounts, particularly those used by unincorporated associations such as community groups, Cub and Brownie packs, social groups, etc. Understandably, because that thread goes back to 2004, it has now been closed, but the difficulties caused by many banks no…
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Raising capital
I am director of a small ltd company that owns 2 buildings outright which are let. I am looking to buy another property and am asking for advice on the best way to go about this. In my mind it would be to get a mortgage on one of the existing properties. Would I be right and how would i go about doing this?
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Slightly confused about tax due - went self-employed part way through 21-22 tax year
I went freelance (sole trader) in July 2021, after leaving my employed role - so obviously had some earnings from employment April-July which I was taxed for via PAYE as usual. I'm currently trying to do the sums to make sure I've left enough in my sole trader bank account to pay my tax, NI and student loan when I file my…
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Help with Xero
Hi, I'm a new user of Xero, Self employed, building trade, VAT registered, trying to get ready for MTD. I'm hoping some helpful person on here, that uses Xero could answer a few questions for me. 1, I buy small hand tools quite often, but I don't know what code to put them under? 2, Also flooring materials, again not sure…
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Bank sent balance to HMRC
We recently dissolved our limited company. Not long after it had been dissolved our bank ran a company check, saw that the company had been dissolved and sent the balance of the account to the HMRC. We have been told that we can't claim this money back and it now sits with the crown. Anyone been in this situation before?
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Small Farm & Yorkshire Electric/Ecosave ripping us off?
Hi, Please could someone help. My father in law uses a company called Ecosave to look for the best electric prices for our small farm. It was all going fine until they put him with someone called Yorkshire Electric/Gas and now they are ripping him off. They are taking £200 advance electric costs (last month we only used 53…
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buy products from eu company, product guarantee？ 14 days return?
I found a website which is a company registered in eu country, they has sale office and warehouse in UK, but not UK Registered. If I buy the products from this website, how about guarantee? If It run into trouble, it seemed not easy to deal with? thanks
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5 yearly upward only to market rent...
We're looking to get a sign up to a 10-year lease on a small warehouse. The landlord has a break at the 8-year point. Leases in neighbouring properties end then, and they may want to do a big refurb. With this in mind, they've lowered the rent to 66% of market rate. This all weighs up fine for us, but we are concerned at…
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Car for business
I am an self employed electrician who does agency work on work sites. I need to replace my car which is an estate for my work tools etc. With second hand prices so high I’m struggling with options around £8k as a “normal” purchase. Can anybody give me any advice on purchasing a car as a work vehicle through my company?…
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Considering consulting - tax questions about first assignment
Not sure if this is in the right section as it's related to tax, self employment and freelance/consultancy. I currently have a full time job but i am dripping my toe in the world of consultancy to see if it's something i can do full time and leave my current job. I currently earn 50k so in the 40% bracket. I have a small…
