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Getting rid of business partner
Hi, Over the last few years the original partners of our firm retired and were bought out of the company. For the last 6 months my brother and I have held the company 50/50. The problem is, I want him gone! He literally turns up for work then leaves at home time. That’s it! I do everything else, and I mean everything! I’m…
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Stop trading as limited company
Bit of an odd one but MSE is such a helpful place I thought I'd try. Basically small (2 man) limited company wants to stop trading 3 months after their usual year end. Is it possible to do a 15 month financial report and CT600? Thus avoiding two sets of accounts in 3 months. Presumably one cancels VAT registration from the…
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Bank account for new charity
Hi, I'd be really grateful for some advice, please? I help to run an organisation that is in the process of becoming a registered charity, but we're not registered yet. We need bank details in our organisation's name for the application to the Charity Commission. Right now, we're looking for speed and ease of setting up an…
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First set of accounts and tax
I need to submit my first set of accounts running from 28/09/2016 to 30/09/2017. The deadline is 28/9/18. I have tried to register online via companies house to do it but all codes have "gone missing" - shared building with other companies including accountancy firms which seem to nab everything from CH. Its too late to…
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Stop trading as limited company
SORRY a duplicate. Admin if you could do the honours. Thanks :beer:
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Self-employed travel expenses question
Hi, I am a new member and this is my first post so hope this is the appropriate place to make it - admins please put me right if I have got it wrong! I am a sole trader and work mostly from home, doing repairs and making small specialist parts. But I spend between 1/3 and 1/4 of my time doing repairs for one client on his…
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hobby or business?
What is the difference between a business that makes no profit and a hobby that doesn't pay for itself? As an artist i spend more on materials, exhibition costs etc than I ever make in sales of pictures, cards or reproductions. I'm in the process of building a website and i use social media, but so far I haven't attempted…
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Ogden ruling - do we need to increase Public Liability cover?
DH is trustee for a small voluntary organisation. Their insurance broker has sent a leaflet through suggesting that the government's change to the Ogden rate leaves organisations at risk of being under-insured. They say the previous 'standard' values of £1, £2 or £5 million cover for Public Liability are no longer…
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How easy produce accounts for a Limited Company
My current accountant is retiring and I am looking into others I was wondering how easy it would be to do these myself. I keep basic bookeeping, manage PAYE, VAT, Pension payments and administration, Dividends etc. Basically everything but the CT600 and Company Accounts How much time would it take, we talking days or…
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Wix - would you recommend them for easy website building?
I am looking to build a website for a relative who owns a small business. They don't need to make sales online or anything like that - just a site to give information whilst looking good / professional and add credibility to the company. I have used Wix myself and found it to be superb for non-techies due to the templates…
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Credit card machine for small business
Hi, I'm looking for a credit card machine that I can connect to my phone via bluetooth as I do not have a phone line. The last time I did a comparison the web a few months ago, I was inundated with phone calls from tens of companies which I don't want again. Does anyone have any suggestions please ? TIA
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Feedback on Etsy
Hi, I have started selling again on etsy (sold a few things several years ago but not for a while) and I wondered. A) would anyone be willing to look at my shop and give feedback on what it looks like, product photos/description? B) any one read any guides/blogs etc on getting more traffic/sales that they would recommend
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Business bank account, overseas spending?
Hello, I'm in the process of trying to figure out which business bank account is the best to go for, so I'd love to know if anyone has any advice! The main issue is that the majority of our business spending is done overseas (USA) so I'm wondering if there's a bank that's particularly useful for this? (Basically, I'm…
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New Treasurer
Hi all, I hope someone may be able to help. I am now treasurer of a local council environmental group, we oversee al the *friends of groups* in Leeds. The bank we are with (Co-op) will not accept me as signatory. This is to do with a problem with BCard going back 6 years. I am a retired teacher with no mortgage and no…
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Company accounts - dodgy?
I have a question about company accounts, and I wondered if anyone with knowledge of debt loading would be able to answer. Background: A group of former contractors who have supplied work for this company (let’s call it Bob Ltd) have been comparing notes and discovered that the director was taking a 50% cut of all payments…
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Employee wanting to be paid as a contractor
Hi Hope this is the right place for this I have an employee who says she does not want to be paid as an employee and instead direct into her company as if she is self-employed. She doesn't want to pay any tax or National insurance on her wages as she wants to put this through her tax return as though she is self-employed…
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Subcontractors issues. Help
Hi all, My husband runs a limited company, We used a couple of contractors recently who seemed very good & professional. However, they became stuck and didn't have any transport and could not afford a van. So, my husband lent his to the one contractor as he wasn't using his that much, no contract of arrangement in place…
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Web host recommendation required
Not asking for a friend but asking for my Mum; :rotfl: She is setting up a small business but is clueless when it comes to websites (as I am). She wants a web host and server supplier that has a web site builder for her to build her own web site with the ability to edit, probably with a link to E Bay and a shopping basket.…
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Need help with AA02 form from Company House
Hello everyone. I am sorry that my first post on the forum is asking for your help already, but I really need it. I am getting confused while completing the AA02 form for a Dormant company Accounts I own a company since October 2016 which never traded but I own few assets on the company name which I bought with money I…
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Partnership Tax Return
Good Evening, I have submitted my 17-18 partnership tax return around 2 weeks ago. I was a sole trader prior to this. How long does it take to get a response from HMRC?