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Contract for event, could they cancel contract?
Hi,Im usually put on a show each year and they have asked for more money, this place is called A, I usually sign the contract and pay a deposit. Now I want to put a show on at another location called B, its in same area. Could the other show (A) cancel the contract or back out of it once its been signed if they dont like…
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Valuation Office challenge office space vs kitchen space
Hi, We rent an office with approx 50sq m and the V.O. charges us £415 per sq m. This hasn't been updated since 2017, but I want to turn 10 sq m of the space in to a kitchen area (just fridge, electric hob, table and cupboards etc) for the staff. I believe the kitchen area would be charged at a much lower rate than the…
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Ltd company start up expenses
Hi guys. I have put a significant amount of money in to starting up a Ltd company. However, over the course of the last year my health has been pretty poor as well as illness within my immediate family. I am thinking of winding down the business at it hasnt got going yet. I have been paying out circa £600pm and bought…
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Landing Page for Online Payments - fees?
Hi, I was wondering if anyone could recommend a good payment method for online payments via a landing page - with very competitive (small) fees?
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sending rolls of fabric
Hello So i want to send rolls of fabric by courier. Length 140, varying height and width depending on quantity of fabric on a roll, but lets say 10cm diameter for now. Max 5kg. it seems most couriers have a length limit - for adhoc customers at least. Can anyone advise who tthey use for such an item? Many thanks
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Workplace pension fees
Hi everybody - 1st post !! I have my own small sole trader business, and I am putting my husband on the payroll ( my only employee ) Thinking about a workplace pension for him, and the cheapest way for both of us to avoid any extra fees. Is there a best overall workplace pension provider that has low fees for both employee…
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Selling excess stock wholesale
I have imported stock in the beauty market from the US, before the downturn in the economy and unfortunately have so far only sold half of it. I need to sell the excess stock in bulk, for cash flow purposes. Where is the best place to do this?
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Money Moral Dilemma: Do I need to keep chasing someone I owe £1,000 to?
This week's MoneySaver who wants advice asks... I'm self-employed, and when I have too much work on, I subcontract it. Several months ago, I subcontracted £1,000 of work to a supplier I've been using for years. A month later, when I requested an invoice so I could pay up, I was told it'd be sent as soon as possible.…
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Getting paid for freelance work - Person hiding behind Isle of Man registered companies.
At the end of 2021, I did some freelance work for a person. At first I got paid, but since January 2022 nothing has been paid. I stopped the work at the end of January 2022, and am now owed over £4k. After many requests for payment, I am considering using the small claims process. My concern is I don't have an address for…
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VAT reclaiming on a event tickets ??
Hi,I'm going to do an event and this time the venue and I are doing a 75/25 split.On there end its 25% + 20 VAT then I get my cut (55%).They will be selling the tickets and they are vat registered. If Im VAT registered can I reclaim that 20% back? Regards
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Reclaim statutory maternity pay
Hi Employee of mine (my wife) was on furlough @ £471 a month since the beginning of the furlough scheme (on my Ltd company). She wouldn't be entitled to SMP normally at that pay because it's less than £120 a week. However because it was 80% pay due to furlough, the below applies: under the parapgrah titled Employees…
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Buying Crypto through company
I'm considering (only tentatively atm) buying my first crypto currency, using spare money from my limited company. To me it feels like putting money on a horse, I am under no illusions that it will definitely pay dividends, I am just willing to give it a try. My question is, where do I go to safely buy some? I'm thinking…
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Help required ending hair dressing partnership
Hi Hope someone can send me a link to some advice Thanks
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Micro Biz on verge of collapse whilst waiting for an insurance payout
Loaf.my is a micro-business founded in lockdown. We have an insurance policy with Simply Business underwritten by AXA. On the 12th March 2022 our coffee shop was broken into for the second time in 13 months (the first was relatively minor but still a setback for a new business). Our insurance claim to cover the circa £15k…
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BEST BUSINESS CREDIT CARDS
Currently looking for a new business credit card. I pay my card in full every month (Natwest Business Card) Looking for better options - Barclay credit card 3% cash back on travel and Capitalontap 1% cash back card seem to come up a lot on search engines. Are these currently the best 2 cards available? TIA
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Business Bank Account Frozen
I am a small hotel owner and Natwest have frozen our business bank account. They asked us to complete some company information back in February which we did, and they said that was all good and that they would let us know if they required any further information. Last Wednesday our account stopped working. We had had no…
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Self-employed -- impact on registered address ?
Hello, I'm going self-employed but would like to use my elderly parents' address as the formal location. I won't be resident and no business would take place there. Are there any consequences to doing this? I don't know what, but maybe affecting their Council Tax or something? Also they live in Scotland while I am in…
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Non Domestic rates Liability
I closed my high street shop in Oct 2019 and council sent an invoice for £313 as final bill, that was paid in time. Yesterday I received a letter from council for legal proceedings to recover £1045 that I owe them! I am not aware of this outstanding amount. I just rang the department and they are claiming it to be a…
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Companyhouse strikeoff suspended
Strike off action suspended by saying the below info in company house website. I would like to know what this means and also is there a way I could get the list of creditors of this company?
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Changing Basis For Car Expenses
For convenience I have always used the 45p/ mile method for business mileage for a car used for both business and private use. I am sure that I would be much better off working out the actual car expenses and apportioning it to get a figure for business use. Can I just decide from a certain date to change or is it more…
