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Business - to - Business Letter Before Action
When sending a letter before action to another business would I be right in assuming I should send it to the registered office address? I ask because the business has recently (not a good sign I know) changed their registered address from their home to that of a sort of 'bulk' accountancy provider. Obviously found this out…
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Self Assessment - Employed PT and Self Employed (under £1k)
help, I need a little help with this one...I am filling out a tax return for my self employed business I began in June last year. It was going very quickly at the start that I prematurely registered as self employed believing I would hit £1k sales before the end of the tax year but I just missed out.so now I have a tax…
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Issues with being paid for using our house as film set
The disability charity my partner works at want to make a short film as part of their work - this is a fully funded lockdown project, using professional disabled actors and disabled professional crew etc, all of whom will be fully paid. The film set budget is £1000, which they were expecting to pay for the right set. They…
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Web designer helping out a friend
A friend of mine who I have known for over 40 years has asked me to design him a website for his business - I have not agreed to do it yet. The website will simply showcase his work (he is a trades person) and his business partners work (I do not know his business partner) and will consist of a few pages. I have already…
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Pet treats?
I often make treats for my dog and have recently been trying to look into selling them online, etsy and similar places. Looking into it it's so hard to see what licences etc I'd need to get, there is so much out of date info out there too. Does anyone do this and could advise what the legal starting blocks would be?!…
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Confused about company LTD tax
Self employed tax assessment Personal Allowance £12,5k then £12,571 to £50,270 20% Starting a limited business, Company Tax is 19%So on all profits that come into the business I have to pay 19%.So lets say I made £50k profit, I first pay 19% from the profits. Leaving £40,500. Then with the directors salary I take £12,5…
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Looking for an electricity supplier for a small shop
I've been looking around for an energy company with reasonable prices for electric, but they all seem to charge so much, around 15p per kWh and 25p per day whereas residential prices are around only 12p per kWh and 20 per day! Does anyone here have any recommendation or tips at all for finding a cheaper supplier?
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PAYE software on ipad
Hi I need a new personal laptop but my other half wants an iPad Pro (for work). I really only use the laptop for PAYE basic tool software, EXCEL and MS Word for invoicing, an USB port to save documents etc for accountant. I wonder if I could do all these on a new iPad Pro and not bother with a laptop too? Anyone uses Basic…
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Business Partnership Guidance
Not sure how I should go with this. So I had an online business several years ago that I sold on to new American owners. Over time I ended up back on the Facebook page I had created for that business. I am now the Admin of that page as well as the new owners. Every quarter they paid me around £50 for looking after the…
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Can a sole trader keep the same business bank account if they incorporate?
If a sole trader has a bank account for their business that's separate from their personal one, and they then incorporate, can they keep the same bank account? And if they can, are there any reasons not to? I found this article when googling that says, "Setting up a new account for your newly formed limited company, rather…
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Cis and Vat reserve Charge
Is there a CIS and VAT Reverse charge on waste disposal? Do we need to apply this to our invoices?
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Invoicing software
Hi there I have looked at the usual websites but am struggling... I need something like Wave but which when I log in will let me invoice under two different brands. (I know I could sign up with two email addresses but that is a nuisance). Is there such a website? Thanks
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Waste disposal
Hiya I have recently started a small window repair company and things are going really well,my question is what is the most economical way of disposal of old double glazed units?Thanks
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Tax return for small business
Hi j run a small biz which began in 2019. As I was under the threshold in April 2019, I requested not to file and that was sorted. the same in April 2020. however this year, I’ve not yet received a tax return and when I’ve googled it suggests I’ll have to re register for self assessment? But I’ve got my URN and all my…
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A curiosity one on vat box 7 on VAT return.
Just had a friend's vat return & was curious about items not on a vat return for box 7. I will keep the sums fictitious. Expenses “General” = Nett £100 Expenses “van MOT” with zero vat = gross £100 Expenses “post office” exempt vat = gross £100…
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Checking and improving business credit score.
I have my own business that has operated since 2006. In the early days I had a business loan which was paid off years ago. Using WebCheck I could always see a "mortgage" registered against the business. I thought this was for my mortgage on the business property, even though it is in my name. Last year the charge was…
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Best carrier for a heavy package, price vs reliability...
Hi folks, like a lot of households during lockdown I imagine, I've been getting rid of a lot of dead-weight via ebay. I have a CoOp store very near me and have been using the Hermes drop off point based at the store with generally positive results. However, a couple of times packets have gone missing - both for me as a…
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Micro-Entity Accounts
Hi All, I set up a Ltd company about 8 months ago which, due to the pandemic didn't do very much at all. Long story short, I had to go out and get a "proper job" again. I'm planning to shut down the company but before I do that, presumably I need to get the accounts done. The business turnover is around £2000 but about 80%…
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Startup business terms
Hi All, I was looking for some advise as i am thinking about starting up a business and have found some business terms of a competitor which are very similar to the terms i am looking to create. Does any know if i am able to use their terms by altering and rewording for my business?
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Challenging Business Rateable Value 'Lock Up Garage'
Could anyone advise where I could find out about how the rateable value is calculated. Our property is described as 'Warehouse and Premises'. When drilling down into how the rateable value is calculated, there is an element described as 'lock up garage' in the value. A figure has been assigned to that. Other similar…
