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Unsure how to proceed
Hello people, Basically I'm very much a "how's business?" "Yeah, fine. it's afloat" type guy no matter how the week has been, maybe everyone is actually but that's why I'm asking here instead of a family member/friend. I've been self employed/small business owner for the past 4 years, things have ticked over and bills get…
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Buying a business finance
Hi I'm looking at buying a business but I need finance where the best plan for this?
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Legality of seeing patients at my office
Can anyone advise please. I am a registered therapist. I'm currently looking to rent a commercial property in central London in the hope to have a small office but to also see patients there. No one seems to be able to clarify whether this is ok from a legal standpoint - can anyone advise?
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LTD Company in the UK, but living abroad
Hi All, I left UK last year, but would like to still pay national insurance contributions to continue collect years for my pension. I was self -employed, but know it is agains the law to live and work abroad and continue to be self employed un the UK. I want to ask: is it legal to register a ltd company in the UK (i can…
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i c o
Had a letter delivered to our accountants for our Ltd Co from i c o wanting me to subscribe. Does anyone have any experience? I'd never heard of them.
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Wage slip Generator
With only 5 employees I use HMRC basic tools each week for wages. I need a good wage slip generator that is either free or wont cost a lot. I used this link https://disabilitytaxguide.org.uk/paying-wages/reporting-paye-in-real-time/rti-software/hmrc-basic-paye-tools/payslip-tool But it produces PDF and not enough info as I…
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Mail Boxes and Virtual Addresses
Hi All, I have just started up as a Ltd company. I don't like having my home address as my correspondence address and I am keen to find a business address in London (mainly light use - vast majority is online). Nothing elaborate - mail forwarding as and when. I don't want a PO Box. Does anyone have recommendations or…
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Business Rates and RVA Surveyors
Anyone have any experience with RVA surveyors? In need of advice. Entered into contract and now don't know what to do. Thought they were going to charge a one off fixed fee but turns out its a five year contract.
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how do i start paying tax / do i need to?
Hi - around september i started working the odd weekend as a dj for £100 a time - on average i get 3 gigs a month. they get me to invoice them at the end of the month and pay me £100 per gig and a bit on top for petrol. I know i need to pay tax (or do i? - first £1k free??) where on earth do i start - do i need my own…
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Invoice from India
I have a limited company registered in the UK. Recently, we plan to do some business with Indian freelancers. Is it ok to accept an invoice from India? In India, a private person can also provide service and issue an invoice even if he does not have a company registered (with income up to 20 lakh yearly). I was wondering…
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Business or company credit
Does anyone know if makes any difference getting credit from suppliers if it is a limted company? The business has not started so we could set up a company. Having done a credit check on the business the score is low so wonder if it is better to set up a limited company before starting a small business.
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Website for local business
I have a domain with 123 reg and want to build a website 2-4 pages just with information photos and a contact form/page. I am reasonably good on a computer and wondered if I should build it myself and to what extent? I have heard wordpress is free and open source but may take time to learn. 123 reg have a website builder…
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Tax Return Threshold
I'm currently registered as a Sole trader doing 1-2 photography jobs a month, nothing major. Last year I was below the £12500 Income Tax threshold, I think this year I may have gone over it but around £2000, my question is if I'm over it do I pay 20% on the whole £14500 or just the £2000? Thank you
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HMRC - do they send a bill/demand?
Hi I have completed my tax return and have tax to pay. The HMRC website says that it takes 72 hours to ensure the return is processed. It has been a little longer than that but I have had no acknowledgement that it has been processed (although I have had acknowledgement that my submission was received). Do I wait for a…
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New business insurance with ccjs
So I've got a ccj of about 8k to a credit card, it's over 2 years old, the debt significantly older. I was gifted some cash before xmas by a relative (500) which I have used to build stock for a craft type business. I have a full time job but basically live to the last dime every month with no spare pennies. This little…
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Revenue from US, Aus, EU for new ltd company - where do I find accountants?
Hello, and thanks in advance for any advice. Partner and I have just set up a limited company, because he's going to start giving workshops. He's already booked 5 sessions - 4 in USA, one in Germany - and others look likely in Australia, Canada, Hong Kong (yes, the carbon offsetting will be epic). I've promised to sort out…
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Business, or not?
Daughter of friend owns and lives in a 2 bed flat in Londinium Husband has a new job with a house included. They are renting out their flat - would they be getting 1.5K pcm? Ought they to be registering as a 'business'?
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RBS business banking switch
RBS business banking switch I don't know if this attempt to get their customer to switch is something going on across all banks or not but has anyone switched banks based on the offers received through your bank? I did ask on here a couple of years ago if there are any free business banking accounts anymore and most people…
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recommendations for card payment while out and about.
Hi thanks for reading . I am a tradesman fitting windows doors ect . always managed to sort payment using bank transfers / cheques and cash ect . I feel a credit/debit/ contactless payment machine I can use while on site would be useful . Linked to my phone Bluetooth direct to my business bank . good service and minimum…
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Major confusion about employer NI contributions
So I have an employee who has in 2018-19 tax year has only worked 7 monthe. Payroll system sends HMRC what it believes employers NI is due for every month. So the total employer tax liability for this employer in above tax year bwsed on the amounts added from those 7 months is circa £250. All well but the total amount that…