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Company strike off & Personal bankruptcy
Hi all, Congrats to all those who are doing well in business and thanks to all those contributing to forums. Just would like some opinions on my options. I basically have spent the last few years being extremely disorganised and burying my head in the sand. I have decided to address the problem head on this year. I am…
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Banks
My 18 months with my free banking is almost over. How easy is it to move banks for just the free banking?
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Sole Trader rant
There have been a number of threads where sole trader has been mentioned when the poster perhaps seems to infer that "sole trader" means a one-man or a small business. The term "sole trader" does not refer to the number of people involved in the business or even the size of the business. You can be a sole trader and have…
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Self employed cleaner but want to venture into other thing too
Hi guys. I am a self employed cleaner (domestic) and want to venture into maybe selling vintage/modern clothing as well as doing cleaning. According to HMRC i have done everything i have to for tax puposes for the cleaning side of things. I wondered if anyone would know if i would have to do anything else if i wanted to…
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New venture - tax question
Hi All This is my first post on moneysavingexpert.com so I hope I have chosen the correct section - feel free to move if not. My partner and I are planning on starting a new small venture together. At present, I am PAYE (higher rate of 40%) and my partner is a sole trader (income generally £40k to £50k). We both plan to…
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disciplinary procedure only 4 man company
Hi, Im trying to follow procedure and conduct a investigation following the immediate suspension of a member of staff, ive sent the member in question a letter suspending them and collected statements from my other staff members prior to any disciplinary action. My business partner is doing the investigation. However im…
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GDPR privacy policy - any free templates ?
Hi all I am trying to go about the whole GDPR compliance thing in the most affordable way. I can see some companies selling privacy policies + kits for £££££ and others for annual subscriptions of $27 I am a small business - i teach languages online... I understand what i need to do re my mailing list but I am not looking…
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GDPR - sole trader advice.
Quick question on GDPR. I run a small gardening business (sole trader) I use a laptop to create and store invoices on, these contain people's addresses, I also use it to email customer invoices. The laptop is password protected. I also keep files with paper copies of invoices, again with customer addresses on. My files are…
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GDPR - Sole trader
Good afternoon, My partner is a sole trader running an online retail business. I wondered if there are any template privacy policies that she can use to put on her website? In terms of her mailing list, she doesn't start e-mailing people just because they have placed an order. There is a specific box on her website which…
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Anti-Money Laundering Fees and tests
I've been self employed for over 40 years working mostly for accountants in practice and some private clients, doing year end accounts, audits, self assessment, PAYE, VAT etc etc. I am now mostly retired but still work direct for one client - just doing their day to day book keeping, PAYE, VAT and their draft year end…
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Change my business name and employee contracts
Hi all, I’m looking at changing my company name slightly so it corresponds to the type of work I do. The issue I have is that I currently have an employee that obviously has a contract. If I change the name of my company (on companies house etc) would I need to provide a new contract of employment or could I write an…
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Flying solo?
Looking for some advice if possible! I have many years of administrative experience behind me as well as reception experience.. I was thinking of going solo and setting up my own company that provides admin/reception cover for local companies, almost like an agency but just me... I would also like to provide admin/personal…
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Small business - What steps we need to folow
Myself and my friend are both full time employed by a large company. We both work on the same contract (permanent job) for the last few years. Our client, the owner of the building is using a specific product (a part) to maintain their building. They are getting this part delivered and it's quite expensive. One of the…
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New Starter Business Accounts Software
Hello Can anyone recommend a low cost accounts software package. I am a new start-up sole proprietor in a franchise. My income is commission only, paid once p/m from one source. So a limited number of income entries initially. I will be VAT registered. I would like mobile receipt scanning and app facilities. There's many…
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Copyright claims for images on website (info only, no question)
Hi all, Just thought I'd make this thread after my recent experience. I had an email and recorded delivery letter from a place in the Netherlands claiming I owed money for a copyrighted image. They showed a screenshot of the image and demanded £180 for back payment of the usage of it on my business website. My website has…
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Working with an accountant (lump sum or regular direct debit)
Hi We’ve just engaged with a few accountants and the proposition is slightly confusing us. If say we start trading in a ltd company today (20/05/18), by default the company year end should be 31/05/19. Is the following true: * We can extend company year end out by 6 months so 31/11/19? * Assuming we do extend it to…
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Privately messaged a business on Facebook and they didn't keep the info private. Is this legal?
So basically I have been looking at hiring a new room for one of my classes I run so I messaged around a few local rooms. Unbeknownst to me one of the women who has read the messages has passed on the information to someone else who I already hire a room from and they are very annoyed that I might be looking elsewhere,…
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Invoicing & Payments from 2 separate companies
Hi, Hoping you can please? There are 2 companies and the 1st one needs to close, so don't want any trading activities going through it. The issue is, a payment needs to be made to a supplier for the remaining 50%. How can this payment be made from Company 2, without the supplier reissuing another invoice, they have already…
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Closing down a limited company
I have been quoted £500+VAT to close down my limited company I am solvent I just don't want it anymore as I have stopped trading Is this a reasonable quote or should I shop around
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Shopify and notifying your mortgage lender?
Hi there, Hope someone might have an idea about this. I have recently found an existing Shopify shop that I’ve decided to buy. It operates on a dropshipping basis so I would have no stock. I work full time and the Shopify business would be an additional source of income, hopefully but might not yield much income either.…
