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Company dissolved but could director still get outstanding invoices paid as a sole trader from an old client ?

T
Hello,

Hope you're all doing well.

My company was voluntary dissolved 10 months ago. However, an old client owes me some money and got in touch with me to settle the payment, but I trade as a sole trader now as oppose to running a Ltd company.

I have asked the client to pay the invoice into my sole trader bank account but client is now refusing to pay up because
The LTD company was voluntary dissolved and I no longer have the LTD company bank account.

I have mentioned to them I'm now a sole trader and I don't work under my Ltd company anymore as its dissolved, But they are refusing to pay the fee they owe.

They are stating the fact that because my Ltd company has now been dissolved my contract with them has ended. Also, because I'm a sole trader now they still won't pay me because they (the client) has no contractual agreement with me (the sole trader).

This seems quite unfair and frustrating. The sum is just under 3k.

Is that the end of my funds? The client will just keep the money?

Any help and advise would be highly appreciated as this is quite stressful for me and my family.
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Court Claim Two Invoices

J
I have a client who I have sent two invoices to, each requesting payment within 7 days. Both are now overdue by over a month. This client had previously paid earlier invoices.

The client does not reply to any emails, calls or messages. I have sent the invoices via email, and I have also sent them via WhatsApp and can see they have been delivered.

I now need to proceed to a court claim.

1) In terms of court fees, it will be cheaper (and simpler) if I can group both invoices together into one claim. Am I allowed to do this?

2) Is email, and WhatsApp proof of delivery, to show that the invoices have been received? Or should I first print and sent copies via recorded delivery?

3) On the court claim, can I use my office address and not my personal address? I am a sole trader, and my office address is the one noted on the invoice.
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Annual Leave denied by line manager

RyanJohn
Hello, i started a job a couple of months ago in a care home, it is my first time in employment so i am looking for some advice. I recently spoke to my line manager to see if he could put me in for my annual leave, I had left it until now because i felt nervous about immediately booking in for an annual leave after starting, wanted to work a bit first as i might not have stayed at the job if i really didnt like it. Had no issues so far, i havent missed any days, was only late on one occasion due to train strikes but overall i dont think i have caused any problems, however, I have been told quite bluntly that there is no space for holidays until after December, as i have already been working 3 months i was hoping i could get one week in for september or october but only one kitchen assistant can be off at a time according to the rules here. So its looking like i might not get my holidays until january, february, or even later and at that point i have already been working for 8-10 months without annual leave and quite frankly i dont think i will stay for much longer if that is the case.

Are there any options here for me? I dont see how its fair for me to wait up to 8 months just to take one week of my annual leave, considering im entilted to 28 days per year, i dont complain about any days im put in and i dont even care quite frankly when my annual leave is, i just want a break at some time. Appreciate any responses,

Thanks, Ryan.
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Home address for a Limited Company

R
When I register a limited company I will need a proper Registered Business Address. Can I give a P.O.Box nbr as my own, home address ? I want to avoid correspondence with the name of my company on it being delivered to my home. For reasons to do with the local environment.
Do firms that carry out Business Address registration accept an order from a P. O. Box nbr ?
Would be grateful for comments. Thank you.
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Parking Charge Notices

F
Whilst working for my client in Edinburgh, I parked my car in my client's carpark (it is land he owns) and undertook work in his building.

An issue arose when Smart Parking Ltd issued 3 PCNs stating I was parked in a private carpark which is fully owned by another building owner. I checked with my client and he confirmed that he owned part of the land and the other guy owned part of the land, he interestingly informed me and sent letter evidence confirming that Smart Parking were made aware of the issue that the other guy did not own the all the land. Smart parking thanked him for letting them know this, again I have seen this letter.

I filled in their on-line form stating that I was parked with the land owner's consent and these PCNs should be cancelled. It was rejected and I was told to deal with the debt company from that point on. I contacted the debt recovery company (on hold for ages) and spoke to them directly clarifying that I was parked with permission of the land owner, they replied saying effectively that they had investigated the matter (they have not contacted my client but I'm guessing spoke to the guy who is claiming that he owns all the land) and rejected this. Also, when I spoke to the debt company and I did explicitly inform them of my client and Smart Parking knew that the other guy does not own all the land.

My question is, can I invoice them for letters/communication (Yip... just to be an arse) or simply let them take it to court and counter claim at that point? Or is there an alternative?

Thanks in advance.
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Addtional Pension contribution to work pension what figure to insert into tax return

W
hi

I have paid an additonal amount into the company pension and I am a on the higher tax rate. So I need to add this to my tax return.

But do I enter

-total of monthly contribs - plus 20% tax
-Additional contribution - plus 20% tax

To get the tax credit/relief as I am a 40% tax payer.

Or do I enter the total of all contributions (my additional and total of monthly contributions) Less 20%?
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Sole trader / partial partnership?

Vasquez65
Shortly going self employed as a gas/heating engineer, I used to work with someone also gas qualified and thinking of going it alone too, we live in different counties, he has a lot of contacts and has suggested we work together.
Most jobs, like boiler repairs and servicing will be done (and will be paid ) individually, New boilers are where we would work together, splitting the profit.
The sticking point is (potential) Vat registration if we go full official partnership with hmrc, as sole traders we each have an £85k limit but presumably as a partnership it’s £85k between us?

Could we have an official partnership (with partnership tax return) just for the joint work and then just be sole traders for the individual jobs? will each have own Van/tools etc.
Are there any other options if the above isn’t possible?
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Categorize transaction

T
I recently changed from Company's Payroll to a Self Employed Limited Company (new). When I sent an invoice to the company last month, they accidentally sent to my personal bank account instead of the company's bank account. I have transferred the next day to my company's bank account.

Now that I have started using Sage from this month, while categorising my bank transactions, how should I mark this transaction as? Would it be marked as "4010 - Sales - Services" for the client name? or should it be marked as something else?
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Covenant

As a community group we are interested in taking on our local which has been closed for 2 years. It is within grounds of around an acre, part of which has a covenant. This covenant was placed by the original owner when sold to a brewery probably in the 70’s and thorough it they retain the right towards 12 1/2 % of any earnings gained from the specific area. In 1999 planning was granted for a touring caravan site and ‘change of use’ is specified (from agricultural). Does the covenant still stand? According to the planning details no objection was raised by the original land owner.
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Does anyone use a LinkedIn 'hub' to promote posts?

hikiwari
I've been told about LinkedIn 'hubs', smallish groups of 15-20 like-minded, same-industry people who you group together to promote each others posts to get noticed by the LinkedIn algorithms. I can see this working with some people on my LinkedIn feed but don't know how to do it myself.

To make it clear, these are not LinkedIn Groups. They are something different.

Can anyone shed light on this? Thanks.
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  • Solved
Delay between being made redundant and company going into liquidation.

Z
Hi all,

Thank you in advance for taking the Time to look at my question.

I was made redundant on the 06/06 due to the company I worked for going insolvent, I received my RP1 along with the reference number on the 08/06 and sent all of my details in to the insolvency service on the same day.

Fast forward 6 weeks and I have contacted them to see how soon payment would be made, only to be advised that thay only receive the information they needed from the IP on the 04/07 nearly 4 weeks later!

What I would like to know is if this sounds normal?

I am only questioning it as I know that the director managed to buy the fixtures and fittings of the company from the IP and he had up until that same date to empty the unit, I suppose What I'm asking is, is it possible that things were delayed so he had more time?

Many thanks
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  • Solved
How do you split tax due from employment and self-employment?

D
Ok so, I'll try not to complicate this.

I resigned from my full-time job in November 2021, which means I had obviously been paying tax through PAYE.

I started to freelance on the side a few months before November 2021. Between then and February of 2022 I had earned just over £7000

I don't have access to my P45 right now, but let's say I've had 9k of my tax-free allowance from my full-time job between April and November 2021, do I then take the rest from the 7k self-employment and pay tax on the rest?

Also, I'm technically unemployed since February and actively looking for work. So there's that, too. Not for a second did "signing on" come into my head and I've been just flattening my savings since. Does this pose any problem?

It shouldn't be too much longer until I'm either back in a full-time job or I get a new freelance contract.
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Shareholders divorcing

E
Our small company has two shareholders that are also employees. They each hold have 25% of shares. They are divorcing. They were both paid as employees but one has effectively left but has not yet resigned. She can no longer fulfil her role as admin support to her partner.

Can the company make her redundant? She would of course get Statutory Redundancy Pay.

Working out the share value will be another matter!
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HR cloud app

C
Hi everyone,

Yesterday I learned that a friend of mine wishes to develop an HR app, meaning Timesheet (check-in&check-out), Absence/Vacation, Activity Reporting, later Evaluation + Career path Gamification. Of course, he knows about existing solutions like Workday. His intension is to target small business with a solution that is very easy to configure by the SMB without requiring training or maintenance. Should work on internet browser, android and ios. The price would be per seat, per month, hopes to go with 1-2 USD per seat per month.
Actually he started working on the design of the solution.

Personally, I know there are solutions like this. I am in security industry but I work with workday but also use some very easy to use app for Absence (only thing that it does). I would like to tell him that maybe he invest effort in something else, as I do not think he will have customers:). I am sure he did his own research but I remembered about this forum and said a question would not hurt.

Any thoughts are appreciated.

Thank you!
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LinkedIn company pages/showcase pages

IanSuth
I need some advice

The main company being marketed is a subsidiary of the main company, it has its own linkedin page but currently doing little. Should we have it as a showcase on the main company's account or should it have it's own page, can the 2 be the same (as in can it show as a page but also be linked as a showcase from the main co's page)

Does anyone know a decent step by step guide to building this kind of set up (on LinkedIn)
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How to pay our selves?

I
Hi folks, just opened a new company which is selling digital products online. It's an LTD but both the directors are not resident in UK.
Which is the best way to pay ourselves month by month?

How the taxations works? The money we give to ourselves are considered as diretcors loan or can be considered as salary?
Can the salary be not fixed? Let's say one month we earned 5K so we take each 2K? Just an example.

Any advice on this in order to make it right?
Thanks a lot
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Sending VAT invoice to someone else?

W
I had a request to send a VAT invoice for a customer order (it's fine to send one) but I just wondered what the legal/data protection stance is if that invoice has been requested by someone not the customer?

In this case it appears to be that person's account department but should I only send a VAT invoice if the customer themselves requests it which seems more in line with what I'd expect in terms of data protection.
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Margin scheme question

C
Hello all,

I am new on this forum and have and I have a complicated tax question regarding the margin scheme.

My business sells crystals (antiques), which fall under the margin scheme, which means I have to hold a stockbook with exactly how much profit I made per item sold to calculate the VAT over this profit at 16,7%, which I do.

My business recently also allows other sellers to sell on my webshops (items eligible for margin scheme), they list their item on my webshop and I make sure it gets traffic and gets sold. If the item sells, the money goes to my bank account, this means I get a sales invoice. However since it is not my item, there are no costs involved for me so I do not have a purchase invoice.

An example:
A Chinese seller based in China adds a product to my webshop, this product gets sold and has to be sent from China to Europe, 10 pounds enter my bank account. At the end of the month I send the Chinese seller his 10 pounds. To make it profitable for me I ask them a monthly fee to enable them to sell on my webshop, a fee of 400 pounds per month.

In this example I am not sure on what I have to pay VAT on, because there is no cost involved per item. Because I sell with the margin scheme, and pay VAT over my profit per item, the items from the Chinese sellers do not have any profit as there is no cost and I send them the full amount received minus the fees from the webshop itself.

I simply allow them to sell on my webshop and charge them a fixed fee per month. Legally, Is this a service that I am offering? Do I therefore have to pay VAT over the service at 400*1,20%? Does this mean the orders are excluded from VAT?

I hope any of you can help me in the right direction, I really want to sell the products of others in my webshop without having any costs myself, its convenient, and get paid monthly, but I do not know how to translate it into my taxes...

Thanks in advance,
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Going concern accouting

Red Wood
New customer, decent size, but accounting principle is going concern to atleast end of the financial year 2022 (Dec).

Conflicting information online. Is it anything to worry about.

Extra info, large American owner who is selling them after a few years.

Lastly, what other types of accounting principles are there like going concern?
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