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Business for sale websites
Is anyone aware of any national business for sale websites in the leisure industry. All i have found is Daltons: NationalRightmove : Search via commercialStags holiday complexes: DevonCarter Jonas: national Specifically looking for existing campsites, holiday building lettings on site with owners property Thanks in advance
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Elder care & support business
Hello All, I am starting a business as a personal assistant/ elder care assistant; basically helping mostly elderly people with all the things they can’t do anymore and often don’t have family to help, but not personal care or cleaning particularly. I have experience of this in my last 3 jobs but have never run my own…
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Is this OK?
The chap that does a bit of maintenance for us since my husband can't do as much these days is de-registering for VAT. The account I pay him into is a personal not a business account. He has asked if in future I can pay his wife because she only works part time and this will keep her under the tax threshold. I don't mind…
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Business bank account for (husband/wife) partnership advice.
Hi guys, come the end of this tax year and with a nod to winding down/semi-retirement etc I will be transitioning my Ltd Company after 15 years to a partnership with my wife. I had planned to move to a sole trader business but there will be tax benefits in running as a partnership. We are both directors of the Co. Can…
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Ltd company Business van insurance
The vehicle in question is owned by the company and is the registered keeper. The sole user of the vehicle is the director. Our renewal offer came through and a quick comparison online showed half the price. But. The apparently crucial difference being whether the policy stated the driver OR the company as the “insured”…
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Accessing Euros without Forex
I run a small business with a lot of overseas travel in cash only countries. I have a Euros account with Starling but after much research they admit when I use the ATM's in Europe it takes cash from my Sterling account and converts it to Euros rather than take cash from my Euros account. Is there any way of accessing Euros…
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Recent Success in Reducing Cost for our Business
Hi all, I'll make this quick, We have a small business which requires a small 'fleet' as we try to provide the vans for our engineers to go out and get the works done. Recently a friend told me about the option of using Salary Sacrifice so the lads can own their own vehicle at a discount while I can make a saving also,…
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Electric van purchase and tax allowances
I have recently bought a 3 year old second hand electric van to use in my business for the start of the new financial year. I am a sole trader and currently I use the 45p travel allowance. I was now wondering if it was worth changing so that I put the van purchase and expenses through the business. If so, can I split the…
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Rights When Business Removes an Offer - Cybersecurity Services
I signed up for some cybersecurity services in January this year. I was called and told there was an offer in January that I would get the first 6 months free if I signed up. So I signed the contract online. Now, they are charging me after telling me that I would get the first 6 months free and now saying that no offer was…
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Can I claim taxi fares to work as a Director ltd company
Can I claim taxi fares as expenses to work as a Director ltd company. Its £45.00 per day x 5 days as there is no train at 05.30 am.
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wrong tax code how do I correct on company payroll
I run a small business with just myself and my daughter (part-time) on the payroll I had a message from HMRC saying that my daughter's tax code from 6th April will be 999T She currently also works in a supermarket part-time and has the BR tax rate Last year She worked at KFC which she thought she had resigned from, but…
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VAT threshold increase Dates and taxes
A quick question about the VAT threshold increase . I am currently approaching the threshold at nearly 80k but I have a trade show which I want to attend on the 2nd of April which may push me over the current VAT limit . If the VAT increase is on the 1st of April does this give me another 5k for this tax year so could I…
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Getting near the VAT threshold
Hi Im self employed. My usual income is about £60pa. Over the past 12 months Ive been working on an unusually large (for me) contract which has increased my monthly income, making my rolling 12 month income close to the VAT threshold. Im currently trying to keep my rolling 12 month income to about £82k. I do this by…
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Trading income allowance
Hi not sure if I'm in the right forum. When I fill my tax return in April, I normally put my gross turnover (box 9) then take my expenses off (box 20) and put my net profit in box 21. This year I'm going to be using the £1000 trading allowance. So after I do my gross turnover and £1000 trading allowance (box 10.1) where do…
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TopCashback Marketing
Hello you very wonderful and intelligent people that make up this forum. I sincerely hope you are having a nice weekend and everything is going well. I please wanted to ask i know years ago there was hundreds of Cashback sites you could use to get commission every time you shopped with retailers online. Now there seems to…
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Registering for PAYE
As a sole trader. I’ve registered as an employer via the sole trader link on hmrc /Gov.uk and am awaiting my details. I’m going round in circles trying to register for PAYE , it won’t let me do it from my online tax account, saying I need to register as an ‘organisation’ which I’ve done via the link and have a new Gov. uk…
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Compensation payment - how to categorise it? Limited company
I recently received a monetary sum as good will gesture from my insurance company after some appalling customer service. How should I categorise this incoming payment?
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Buying existing Retail business - best for business loan
I am currently going through the process of possibly buying an existing retail business. I have a large portion of the funds needed but would need a business loan to fund the rest. Does anyone having any recommendations. I don't think I would qualify for a start up loan as I would be buying an established business. Thanks…
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Is it possible to switch from Ltd company back to being a sole trader?
Hi my partner and I set up a limited company for our vintage furniture shop last year with the two of us as directors, but I'm wondering if it's possible to dissolve the company so that my partner can just run it as a sole trader. I know there are supposed to be benefits to having a limited company, but so far it's been…
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Vehicle mileage allowance versus Buying a van
Could anyone advise me please, On behalf of my son who is self employed and been claiming 45P per mile on his last few tax returns. If he sold his company the van that he personally owns already and puts bills through for the year rather than claim the 45p mile allowance,Is this possible? Is he doing anytyhing wrong if he…