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Side hustle - shop on Etsy
Hi, I am thinking of running a small business to sell scarfs from home as a side hustle. During my visit to Kashmir, I bought some scarfs and brought them along with me as a tester. I have set up an etsy shop but i am very hesitant to publish the shop until I know of the taxes. I have always been a PAYE employee in the UK…
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Medical history shared in meeting. Is this a data breach?
Thanks in advance for your help. My husband is a sole trader providing services to a local council. Sadly, he is terminally ill and instead of being shown sympathy the Council hauled him in to a meeting and demanded to know how his company could continue to provide services whilst he was either ill or dead. He said that I…
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Possibly going over the VAT threshhold
Hopefully a quick/easy question to answer, and Im asking because Im erring on the side of caution because I think I know what the answer is: For the past year Ive been trading at under the £85k threshold. However, this week I may have to invoice for work which will take me up to £87k. Am I right in thinking this is fine…
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Small Claims Court (Pothole Claim Against Council, I'm A Small Business)
Hi Group - I had almost £1000 damage to my car via a pothole in West Sussex. I followed the claims procedure *from* the council. A trainee denied my claim (I could see on the letter that her title was 'trainee'). I then spoke to their litigation department. They said they would look at the claim again. Looking back now? I…
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Best way to keep accounts and budget for community group
I’ve worked for myself and done my own accounts in the past, but I am finding myself a bit confused about how to get started having volunteered to be treasurer for a local not for profit community group.I need to track income and expenditure, but also planned expenditure and expenses payments to members of the…
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Google Ads - Be Warned
If you are a new business and take the advertised spend £400, get £400 free Google credit, be warned! I recently invested in Google ads because of the promotion, under the impression that I would spend £400, and get £400 back. After much chasing, they informed me that a promo code needs to be applied when you first open an…
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business savings accounts and higher rate tax
Ltd company sole director, £12.5k payroll, and approx £30k dividend/year also, I have some properties which will generate £20k profit/year 1st year I've made this much so have never had to go into the higher tax bracket, I'm still not really sure how and when I pay higher rate tax, is it on the dividend (from 8.75% to…
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Working From Home Focus
Hello you very wonderful and intelligent people that make up this forum. I sincerely hope everything is going well for you. I work from home a few days a week, doing affiliate marketing, building blogs, doing advertising through Google. I find when i go on my laptop my mind is full of thoughts, such as personal tasks i…
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GoDaddy bad practice
Hi all I recently did a search on GoDaddy for a domain name that was available. It is quite a unique business name. On seeing that it was available I then did some planning for a few days and then went back to purchase to find that the domain had been bought and registered via GoDaddy. I'm not normally a paranoid person…
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Is it Legal to enter people into a giveaway/raffle once they buy a entry ticket?
Hi,What Im after doing is i'm selling tickets for a event lets say football. I want to say on social media that if you buy a ticket this week only or have already purchased a ticket they will automatically enter into a raffle for a £100 item. There ticket ID number will be there raffle ticket. The number will be picked out…
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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.