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Electric car in April 2020
I am thinking of taking advantage of the tax changes in April next year (0% BIK) for company cars. does anyone know if this only applies to new cars, or can the company buy a used electric car? Also, how can the electricity cost be reimbursed to the director if the car is charged at home? And at what rate? Thanks.
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50 - 50 Ltd Company - Directorship terminated with no prior notice or advice
My Ltd company is structured - My self and co-director 1 x Ordinary share each 50 - 50 split - no persons with significant control Key responcibilities - Myself - front of house, sales, account management etc Business partner - IT, website, email etc My business partner has done the dirty on me and terminated my…
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Supplier not delivering goods as agreed
I placed an order with another small business for some hair products a few months ago, with the agreed delivery date to be beginning of December. I paid a deposit and then they confirmed that they would be despatching the products earlier in mid November so I paid the balance in full, as it was agreed to pay before goods…
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Supplier not delivering goods as agreedi
I placed an order with another small business for some hair products a few months ago, with the agreed delivery date to be beginning of December. I paid a deposit and then they confirmed that they would be despatching the products earlier in mid November so I paid the balance in full, as it was agreed to pay before goods…
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Staff - employment contract
Hi Just out of interest, where do employers get their employment contracts from (admin ones), thanks.
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Charity donations via company
Hi All We are a ltd company and have previously BACS funds from company bank account directly to charities bank account. There is a charity raising funds but only mentioned cash as donations. Is it possible to pay the cash and how would we do it in practice for it to remain an allowable company expense? 1. withdraw cash…
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Non-profit club accounting software
I am treasurer for a scout group and I’m looking for a web based accounting software. I need to be able to process membership fees, activity payments and expenses to various people. Can anyone recommend something?
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Biz has really taken off but I'm in a bit of a muddle with how to pay myself
Hi All, Firstly, I'm thankful for any advice. I have an online business thats really taken off in the last year, we sell hair accessories. This has been my only job so I thought paying myself would be nice and easy... turn out it is, but doing it properly is another thing all together! So I'm paying myself £12,500 paye…
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Director, how do I pay myself?
I have set up a little business - a private limited company of which I am the sole director which - currently and probably for at least the next year or so - is destined to pay me £500 a month. That is all I intend to take out. It will be my only employment income. I assumed this would involve PAYE but when I looked at…
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Community Interest Company
My friend applied and has been offered a job managing a local charity shop She was not expecting a huge salary but has been offered £60 per week. Monday to saturday 8-6. She had expected a low wage - but above minimum wage. is this even legal? On looking into the shop she found it is not a registered charity but has been…
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2 business bank accounts
Hi All For a ltd company, I'm guessing you can have 2 business accounts? We are currently with Metro and have gone over their permitted 50 transactions a month. I've heard great things about Starling so looking to open that one and start shifting transactions over. Are there any issues with accountancy etc? Thanks.
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Selling my small business
Hi All I’m a sole trader, and I run a children’s party hire business. It makes a good profit, but as I’ve recently returned to work full time I am unable to give the business the level of commitment it deserves. I’d like to sell for around £3,000. I’ve listed it on gumtree and Facebook marketplace, and I’ve also signed up…
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Accepting paypoint cash payments
Any advice on the easiest/cheapest way to accept paypoint cash payments, ideally linked to an invoice-generating package, but a generic barcode to pay in would do. Thanks!
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Advice on selling our business
We have a relatively successful and well-regarded car body repair garage but, as my husband is re-training to go into IT, we are looking to sell the business if that's possible. The issue is that the industrial unit is not under a formal commercial lease, only a rolling monthly contract. The estate is family-owned, for…
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Accounting for Sole Trader
Hi, I was just wondering if anyone can recommend an accounting website/software that is good for someone who is a self-employed sole trader? I want to be able to add income/expenditure manually rather than connecting to an account as I just use a current account rather than a business account. I'd like to be able to add…
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Account setups
Hi There I was looking for some advice, I am taking over a business for the first time were by I need to set up a bank account (with Overdraft) , Landlord Agreements and couriers all require a credit check as confirmed by my contacts in each sector, now I know the Bank account will definitely give a hard search as they are…
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Taking online payments
I am looking for a payment provider where I can have customers pay for a service through my website. Initially there won't be many transactions just a few per week I expect. I have seen on other sites those such as sage pay , PayPal and world pay. Just wondered if anyone with the research already done could recommend one…
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Do I have to sign up for a website being using for a platform to host services ... TBC
I wanted to do baby sitting, house sitting and pet sitting as well as offer house help and My sister then wanted to advertise her service for pet sitting and house sitting. so I created a website to advertise these services and called our selves "Cuddle Crew". We haven't registered ourselves with the government as a…
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How to set up a baby sitting service / part time job?
I would like to "nanny"/"baby sitter" at the weekends as a part time job/ side hustle. I don't do much with my weekends and I'd like to earn more money for saving towards my driving lessons and buying a house with my husband. I'm lucky enough to work in a childcare nursery during the week full time and have these…
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Mobile phone contract through limited company
I'm a complete numpty. I know I am. For some unknown reason I took a cold call form a mobile company last night. They offered a very good deal, changing my numbers over to my company, which I took. Normally I wouldn't dream of doing anything without prior research, I can only put it down to the cold meds I'd taken, which…
