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Car Lease after finishing with my Ltd Company
Hi I am waiting for a straight answer from my accountant and just wanted to see if anyone has a view. I worked through my own limited company for 12 years, I took out a new lease car agreement in my company name in April last year, but decided to give up contracting and secured a permanent role in September last year. to…
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Valuation Authority office - Challenge your valuation
I am filling the form of Valuation Authority office for Challenge your valuation. There is following question Smaller proposer? Yes or No What does it mean. I have small business and no employee. Should I select Yes or No?
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Starting a small business + expenses
Hi, Hopefully I have posted this in the right forum, feel free to move it if not. Basically I am looking to start my own online retail business in the next couple of years and my plan was to spend the next year or so investing heavily in stock, whilst still employed so I eventually have enough inventory just to up and…
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Dormant Accounts with Net Assets
Hi. A couple of years ago, my neighbours and I set up a company to purchase the freehold to our building. As we have no transactions this year we're filing Dormant accounts. Our share capital is 3 (3 directors with a £1 share) and our net assets are £15,000 (cost of the freehold) but on the Companies House form I get the…
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Charity Bank Account
Hello, I have set up a non-profit charity we offer support/information etc and it's really taken off, the only thing we are missing is a bank account in the charities name and the banks are just shutting us down due to credit so I assume, but we have been offered a great amount in donations from large organisations which…
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Taken on a freelance writing gig – now what happens with tax?
Hi Everyone, I've recently managed to pick up a bit of freelance writing work which is great! I have signed a piece of paper with an agency which states that I will be responsible for my own National Insurance, taxes, pension etc. So now what do I do? I'm guessing that I will have to do a tax return so I'm keeping a record…
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MSE to refer Starling bounce back loan complaints to regulator – MSE News
MoneySavingExpert.com is to ask the financial regulator to investigate after scores of complaints from sole traders who've been rejected for 'bounce back loans' with challenger bank Starling. Read the full story: MSE to refer Starling bounce back loan complaints to regulator
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Closing Ltd co. , waiting for Companies House but accountant charges continue.
Hello everyone ,
I applied to Companies House to close my Ltd Company and received the
receipt of form DS01 on 18/02/20 , Meanwhile
I am paying my accountant over £80 per month until the company
closes and each payment goes to overdrawn at the bank, now its heading to July and have still not heard anything from Companies…
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Paperwork with sensitive information
I have a small office building on my property where a book keeping business used to trade. The business is now gone and all the paperwork is left, paperwork that belongs to all the businesses that they used to do books for. I have (after many many MANY hours) organised the paperwork by business and now need to return it to…
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Starling BBL for business in first year of trading
Please does anyone know what starling mean by ‘established customers’ who they are giving priority for a BBL please. I started trading last September and opened a personal account with starling on 4th March this year converting it to a business account a few weeks later Someone has told me that if I didn’t have a business…
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EPOS Till System and my rights (posted in Consumer Rights but advised to post it here)
I was looking for a till system for my shop, and was given the hard sell from Card-Saver (www.card-saver.co.uk) who I already had an account with for our card reader. After about 3 weeks of repeated phone calls (sometimes several a day-can I request them to look at the call record?) I agreed to seeing an online demo and…
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BBL and repaying family loan
Hi everyone, When starting my business I took a small loan from a family member of £3k to help buy stock. Unfortunately COVID-19 meant we had to temporarily close our Salon. I took the Government backed Bounce Back Loan to help me pay back a start up loan and provide some working capital once we're open again. I'm a sole…
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Business account that can take US dollar cheques?
Help, a US company that we did some work for has finally paid us... by sending a US dollar cheque through the post. Our business bank account is Transferwise, which is great for foreign currencies but refuses point blank to accept a cheque. It's made out to the company name, so I assume we can't cash into one of our…
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Staying under the VAT threshold
If I were to run a business from a shop and also operate another online business from the same property would the turnover from both of these be added together or are they separate? Both businesses would be completely different and I am currently a self-employed sole trader. The point I am trying to make is can I have two…
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Euro (ROI) bankers draft
I’ve got a small business which has entirely been UK based until now. I’ve just done a bit of work for a client in the Republic of Ireland and they have very kindly paid my invoice- not through bank transfer as requested- but as a bankers draft issued by AIB in Euros. This arrived in the post this morning. I’ve got a…
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Moving abroad - income in the UK from a business - taxation UK or Foreign?
Hi all - I am moving abroad (tomorrow) and starting a job in Switzerland on Monday. Little fun fact: I have not met a single person from the company, all interviews were on the phone and video chat. The company I will be working for is quarantining me when I land so I will be WFH at a new job where I never met anyone in…
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Has anyone else had problems with Yell/ Yell.com? Going to court?
Hello, I've searched the forums but I can't find anything that relates to my specific problem. I took out a "good" package with Yell last November that was supposed to include a new website, Google SEO, Yell mediumweight ad and Netreach (eg Facebook ads +) From the start there were problems and no matter how hard I tried I…
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New Online Business - Good time to start?
Hi All, I was planning to create a new online store prior to the Coronavirus outbreak, selling my craftwork and also buying in other products from suppliers to sell on (all around my love of fairies!) Since the outbreak I have put everything on hold. I have refrained from buying from suppliers or even launching my website…
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Startup E-commerce Business
For reference, I have registered with HMRC companies house as an e-commerce company and intend to trade online with Amazon, ebay, etc. I'm at the next step of opening a bank account. Does anybody have experience with opening a business account with Starling bank? I keep getting asked to provide the same information over…
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Starting a company during Covid-19
Hi All Wondering if anyone has recently launched a new business during Covid-19 and where you've drawn support, info and guidance from? I've naturally looked at HMRC/Gov websites and companies house but looking for opinions based on actual experience as well. I've been freelance for some time but now have a few new clients…
