Recent content by Abe2019

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    Being ‘on retainer’ as a service provider

    but does anyone have any retainer agreements/contracts [redact as necessary] that they'd be willing to share as a starting point- particularly those including non-circumvention in favour of the service provider (I'm a sole trader and the fees involved wouldn't cover lawyer costs if I went that way)
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    Bank accounts

    Look at businessexpert.co.uk/business-banking/accounts-for-sole-traders/ TLDR: The best overall business sole trader account: Tide The best sole trader account for those operating in the EEA: Revolut The best sole trader account that is ******-friendly: Revolut The best sole trader account for...
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    Wealth manager or not?

    Lots of good discussion above. In case you are still thinking about a wealth manager, FT Weekend did an article in June (2023) and provided an ARC Research performance returns table, along with manager profiles as food for thought: htt...
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    How does peopleperhour make money

    I'm interested in hiring some specific technical help for a small job - but as looking at all the sites out there for the first time - I'm wondering which ones will work for me. I've narrowing in to peopleperhour.com - but there's no mention of how this company makes it's money / their fees -...
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    Royal Mail : A4 letters and a book of stamps

    Silly me - I was using the royalmail.com site for that ... lesson learned
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    Royal Mail : A4 letters and a book of stamps

    Ok - finally... I got through to the contact number - and she had some trouble with her maths but it seems I can put 3 x 2nd class stamps on to get a value of (3 * 66p) = 198p to cover the £1.83
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    Royal Mail : A4 letters and a book of stamps

    So I've been trying to find how to send an A4 letter from UK to UK using my book of 1st class and 2nd class stamps - but I'm bu****ed if I can find any info on the royalmail website - and there's no chat option there. My book of stamps says "Valid to items up to: 240mm Long, 165mm Wide, 5mm...
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    Annual Invoice using monthly standing orders

    I have a supplier who is invoicing me through an annual invoice but is charging me through a monthly standing order where I pay 1/12 of the annual total (inc VAT) each month. Jan-Dec: £200 (inc.) payments Annual Inv. £2400 (inc.) invoice When should I file the VAT for this - should I do...
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    Invoicing US clients

    I am wondering how to make an invoice out to a client based in New York (USA) having performed some weeks of onsite consulting at their offices. How does the tax get handled, both in terms of my VAT registered UK based entity - or if I were to create a incorporate a specific US entity to handle...
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    How to account VAT on cancelled/unpaid invoices

    Hi, if I've issued a set of invoices in Q1 - which I then report the VAT to HMRC, but then find later (Q2 or Q3) that one of those invoices has been disputed and cancelled or just partially-paid then can I/how do I report this to HMRC? For example, 1. a) Q1 Invoice 1 issued : £1000+£200VAT b)...
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    Billing clients for items with non-standard VAT

    Hi, I am VAT registered and I'm running through my expenses. If I recharge a UK lunch to a UK client then normally I remove VAT from the lunch bill and then invoice the client the amount, plus the standard VAT rate/amount. This normally equates to the same amount, but if the lunch included a...
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    Box2/VAT due in this period on acquisitions from other EC Member States

    Thanks, so if this was handled through an Invoice rather than an Expense, then (1) would the hotel indicate that no VAT was charged and that "It is instead subject to a reverse charge under the EC VAT rules.", and (2) I would then place 20% of 3182DKK (converted to GBP on the invoice date) into...
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    Box2/VAT due in this period on acquisitions from other EC Member States

    I am a UK business doing some consulting services in Denmark; if I have a accommodation business expense of 3182DKK including 636DKK VAT, do I put this in the "VAT due in this period on acquisitions from other EC Member States" of my VAT tax return or is this not something I can claim on...
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