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Moving business
Comments
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It is rare for business rates to be applied where one room is used in a house and there is no external indication of a business and no customers visiting. If the room is used as part of the house at the end of the business day, then it won't attract business rates anyway.If you are querying your Council Tax band would you please state whether you are in England, Scotland or Wales1
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Over 8 months Total turnover £50k per ebay
We purchased stock costing £26k by using sales in month1 to purchase additional stock in month2 and more in month 3 etc
We spent £8k on serviced accommodation.
We currently have £20k worth of stock at year end.
What would our tax liabilty be ?0 -
Sole trader, partnership (what ratio?), Ltd Co?
Cash basis or accruals?1 -
Sole trader0
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