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Claiming for money owed in Scotish Courts
Looking for some advice as I have started a claim against a client who had refused to pay for some work carried out. I thought that the court would contact me by email or post after I had started the process online. After a while having not received anything I have gone online and logged in to find that the matter had been…
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Setting Myself up as Self Employed - First Time!
Hi Everyone, I'm looking for some advice. I have 2 big changes coming up in the next 5-6 weeks both of which are pretty scary but exciting at the same time. 1. I'm changing careers. I'm going into healthcare in which the area I work in everyone is generally self employed. Since leaving University the first time I've been…
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Trademark denied for counter descriptive words.
Trying to get a trademark called "Yum or Yuck" and received this. Names are both readily understood dictionary defined words. As aresult, it is considered that the average consumer, when met with the sign on sweet and candy goods, would perceive the sign as nothing more than an origin neutral statement informing the…
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Looking to set up a separate business whilst in employment
I am currently semi-retired and working for a company 3 days per week. However, I am looking to run a holiday let but as a business rather than adding it as income to my current tax. Is this possible? Where do I start?
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Terminating Consultancy Agreement with my client due to breach of signed terms
Hi Everyone, I am currently working as a Sole Trader with a client who I am offering consultancy services to as a contractor, We have a signed agreement that states I will have autonomy over my working days, hours and methods, however the client is essentially treating me like an employee, telling me when to be in the…
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Claims for Hotels and equipment?
This is maybe the daftest question ever on here, but bear with me please. As a self employed person can I claim back the WHOLE of my hotel bill (while working away), plus the WHOLE amounts of any work wear and tools? If you Google these questions, it says yes you can claim the tax back. But what exactly does this mean?…
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Self Assessment for Sole Trader
Hi, My wife will shortly be embarking on a new career as a sole trader. She already completes self-assessment as she rents out a property. Looking at the HMRC website, it is not clear whether she will need to register for a second self-assessment account for her work, or whether she can use the account she currently has…
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What type of company should I form?
I'm starting a side hustle running advertising on a website - would a limited company or sole trader be the best company to setup (will be well below the VAT threshold)
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Start up grants
Hello, I am seeking some advice for my daughter. She will soon be a qualified dog groomer and wants to set up her business and work from home. Permission has been granted as we will have a purpose built summer house to work from. As this is a start up and she will be 20 when qualified what business grants could she apply…
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Setting up advice
Hi everyone, I need some thoughts and or advise. Hope this right place So if I set up two side hustle or small business 1. Selling cards 2. Small therapy sessions am thinking having them both under one brand but separate identity ( potentially same logo ?) Amazon do this in sense right ? They have there wholesale side and…
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PAYE and one off self employment
Hi, my son is 18 and a full time student, he works part-time at a local gym but doesn't earn enough to pay income tax. He has recently done a one off training session with the local authority so he needs to issue an invoice so they can pay him. His fee will only be around £100. Is he required to tell HMRC about this one…
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Pursuing overdue invoice from EU customer
Hello I have a customer based in the EU (with parent company in the US) who has not paid their invoice which is now 8 month overdue. Reminders are now being ignored or told to contact the parent company in the US who are also ignoring any correspondence. The sum outstanding is relatively modest at £1500. The question is…
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Pension
I opted to start my very small private pension paying out at age 60. I’m now 61 years old.I am completely naive about pensions. Does this mean that I now can not opt to cash in any of the lump sum from this pension? Many thanks
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Closing out a business
Looking for advice, I am trying to strike a uk business off the companies house register. It has not traded in over 4 years although still active on companies house. There are 2 shareholders, no creditors or employees. The bank account has been closed and there have been no transactions in over 2 years. The balance sheet…
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Do I have a contract? Contract for services - Sole trader issue
I work on an open ended contract for services basis as a sole trader, I recently left the company I was contracting to, they owed me £8k, and have decided not to pay me. I have a specific clause in my contract regarding the commission from a product I sell, it states I will repay commission if something cancels. There is…
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Employee Tax Codes
I am a small business employer with approx 25+ employees. Over the last year HMRC are constantly changing their tax codes for no reason. Each employee is entitled to the code 1257L unless they have more than one job or on marriage allowance etc, So I don't understand why the tax codes get changes randomly and sometimes…
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Do i need to register for Paye?
I have just started out as a sole trader as a sports coach and I am looking to run some school holiday camps. To do this I will have 2 other self employed coaches helping me for about 10 days a year. Do I need to register for PAYE? Or can the 2 other coaches just invoice me for the hours they work and i pay there invoice…
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Renting products, how to minimise risks?
So I'm thinking of running a simple side hustle that allows people to rent some of my products for a small fee, so basically instead of them spending £300 on something they can borrow it from me for £20 per month then send it back to me when they are finished, it's a very simple idea. But, how do I protect myself from…
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Social Media - Help!
Hi All, I'm hoping some social media savvies will be able to assist. (there doesn't seem any way to specifically search this forum anymore so apologies if it's discussed here already!) I need to set up some business social media accounts. However, in order to be able to 'switch' accounts, Meta (thats Facebook, Instagram,…
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Setting up as a sole trader
Hi, I am currently employed full time but have also just started a new business working evenings and weekends as a sports coach. I am looking for various advice on the below questions to get my business as a sole trader set up properly. At the moment I'm unsure how this new business venture is going to go re income etc. 1…
