Member Since: 20th Jun 2009
20th Nov 2019
Talk to sage, they will quote if you can give enough information.
23rd Oct 2019
He could even make a small loss...
20th Oct 2019
Yes, you can work for no pay. Yes, you can claim legitimate expenses. HMRC may insist on a SA return, but you can do this yourself, or added by a computer program, or get an accountant to do it for you.
12th Oct 2019
To share: The Anatidae are the biological family of water birds that includes ducks, geese, and swans
6th Oct 2019
If - big if - you go this route think Ltd partnership. As it happens I like Ltd and too often I see failures which come out of the blue and then crush a sole trader or unlimited partnership financially, personally.
5th Oct 2019
I'm in the go-it-alone camp. But it depends on your obligations, for example how your wife or partner feel about this. As well as whatever connections - both friends & other contacts - you have to where you live now ( Manchester?) will be cut.
It looks like if you do take up the mans offer it is short term only, where as he seems to be thinking long term. Not a good basis IMO.
10th Sep 2019
I'm on a board of a trade association. The association will pay CT on membership if it is in profit. We tried about 12 years ago to get HMRC to change their stance on this. Paid about £5,000 to get no change - both from HMRC & the £5,000.
8th Sep 2019
Try Gnucash. It is a big program so will take a little time to get to grips with. If you are looking for totally free, not cripple-ware or limited-time software I think that fits your needs. I am a big fan of limited a company wrapper for almost any business as far too often I have seen people loose money when something bad happens. Often totally left field. Think carefully before going sole trader and remember the phrase 'what could possibly go wrong?' as a warning.
17th Aug 2019
' Lemon ' can be used to ID a cost or benefit, which is not really lemons.
22nd Jul 2019
If it is selling stuff, then it has not ceased trading.