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Virtual Event Management Help
Hi, Does anyone know of any Event Management Companies who can help me orangise a 2 week virtual event please? I have all the content and itinerary etc, I just need help organising the virtual part of it - which will be done via Instagram and Zoom. Any help and advice would be greatly appreciated. Thanks.
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Franchise Solicitor help
I’m due to take on a franchise later this year. Just putting feelers out there for any good solicitors that specialise in Franchises. Does anyone know of any?
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How far back can you claim expenses?
I've been making a game and the last 5 years its cost £10k in expenses each tax year from 2017.Expenses are hiring people and getting artwork done.The game should come out July 2021 this just missing the 2020 tax year.I check the internet and get 4 years but a new accountant I'm looking into hiring says 6months which i'm…
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Am I calculating this wrong?
I'm planning on selling secondhand items on eBay. If a seller earns over £37,701 then they'll pay 40% tax on their profits. Earning over £967 per week means you'll pay 2% NI. If a seller earns over £85K, they have to register for VAT. If a seller only sells secondhand goods, they can use a VAT margin scheme, so they'll be…
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Options for getting a business phone number for a very small business (2 people)
Hi, I wondered if anyone had any suggestions for the most cost effective way to get a business phone number. It is for 2 people, who will be out and about for half of the week, and based at their respective homes for the other half. My first thought was a cheap pay as you go phone each with new sim. But one home does not…
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Ecommerce returns warehouse
Hi all. Maybe the wrong forum, but i know you’re all an intelligent and resourceful bunch so thought I’d try my luck. I’m starting an online store selling larger items, but am struggling to find a viable returns solution. At a basic level, I need somewhere that can receive and store customer returns. There are a few about…
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Created a private limited company, forgot about it, now have to file accounts
Going to be straight up and say that I made a mistake. Around this time last year, I created a company name for a web project I was working on. Fast forward a year, I didn't work on the project and it got left behind due to other commitments. I have now been contacted by HM Revenue & Customs saying that I need to deliver a…
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Paying back business expenses to my personal credit card
Hi there, My new business launches Monday, these last few weeks I've put a couple of business expenses (things like packaging/ buying my postage machine) on my personal credit card for cashflow purposes. I've recorded them on my Quickbooks as expenses and kept the invoices but how do I take the money from the business…
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No reduction in business insurance cost
I take out public liability insurance and employer's liability insurance each year. Over the past year my business has only been able to trade for 3 months out of 12. I asked my insurance company if they're able to pause or refund part of the payment but they said no. Now it's time to renew and I won't be able to start up…
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Fine for late registation of a 0% vat business?
Hi,I've been mad busy and relized if my turnover is £85k+ I need to register for VAT, the business is classed as a ZR 0%.So I wondered if I was late to register, what could the fine be even if i'm ment to pay 0%?I'm late maybe by 3 weeks. Regards
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Hiring school hall for classes but lost money
I was hiring a school hall to run classes, and the school used a company called School Lettings Solutions to hire out their facilities and take payments from hirers like myself. SLS took payments monthly via my business visa debit card. In mid-March when schools were closed I had just paid for the upcoming month and SLS…
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First time reviewing end of year accounts... what should I be looking for??
Hello! Thanks in advance for all comments and help! I co-own a small business and we've just received our draft end of year accounts for 2020. This is my first time owning a business and it's one I've taken over, so there are previous years of accounts but this is the first one i'm having to review. The accountants have…
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Bank Due Dilligence
I am really hoping someone can help me with this because I have found it very difficult to find answers online. In November 2020 I moved my business account over from HSBC to Revolut, an up and coming digital bank. Everything had been fine with them, no problems what so ever. They asked me a few weeks ago to provide them…
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Suggestions for business bank account with a foreign director
I have just set up a new LTD business with a partner, but need to find an account that doesn't have to have a PSC as resident in the UK, whereas I as the second director am. We wanted to use Starling, but this doesn't seem possible. Any ideas welcomed. Thanks in advance
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PO Box alternates - personal use
Not sure where the right place for this... Basically I am needing to do in-writing correspondence and I don't want the person I'm writing to to know my new address. But I want to give them a postal address to send letters to, I would only want it for two months max. Any ideas that aren't too expensive?
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Am I now a "proper" business?
Hi all, Forgive the beginner nature of my knowledge on this. Last year during the first UK lockdown I set up a "business" - it is a website selling posters that I hand draw. I have a full-time job alongside this which is PAYE. Since then, I've sold £10,000 worth of products and it is ticking along nicely. I am wondering at…
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How much to take on a limited company name?
Hello, My partner and his son have bought a butchers business and would like to take on the limited company name as it goes with the street name. How much should it cost to buy from the old owner? Thanks.
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Tax question with a small group of freelancers
I have been freelancing for a while, and recently joined a little group of freelancers. So not an agency or anything, just a little collective. We look like we might be about to land our first client for a reasonable sized project that should take a few months. So all good. The little collective was started by a guy who…
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posting parcel to portugal
I want to send a parcel to my daughter in Portugal and it contains some jewellery, which is hers but she wants to sell it, and there are several items and other things e.g she forgot to take her toothbrush charger. Will I or she have to pay tax on any of this - the guidance on gov.uk doesn't really help
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Export duty %
Hello I don't know if anyone can help. I am an import clerk and even I am stumped. I use trade tariff to find out the import duty costs. However a customer is asking us what the export duty will be to the Republic of Ireland. It's for ceramics from Turkey, code 6911900000, so we won't be paying duty, but I cannot figure if…
