Recent content by @aiteoconsulting

  1. @aiteoconsulting

    Incorporation advice for an events band.

    Any advice you get on here will be generic without knowing the details of your circumstances and no doubt people will pitch in shortly. However, as a starter for ten, have you asked your accountant? This is precisely what they are there for...
  2. @aiteoconsulting

    Sole Trader - can i register my name with Companies house

    It wouldn't help with the original problem of trying to secure finance though.
  3. @aiteoconsulting

    starting new cafe and struggling to get advece from council unless i pay

    Starting up a new cafe is going to be expensive. There's fitout, machinery, regulations (per above), food supplies & at least three months' working capital buffer required. I would suggest figuring out how much it's going to cost and see if you can get funding to launch.
  4. @aiteoconsulting

    Playing Card Business support - Start up help

    Look around at local councils and business networks. There's usually something available, though as Mark says often with strings attached. Here's one in my firm's local area, for example: I can't post the link, but google: Medway Partners for Growth (PFG) grant scheme
  5. @aiteoconsulting

    Successful side hustle -> Official Business.

    If @Casually made wishes to start a thread on discussing the philosophy behind government and taxation, be our guest. I might even join in. But continuing to advise breaking the law, even if you think the OP will get away with it because rich people do, is of no help to the OP. Take it elsewhere.
  6. @aiteoconsulting

    Successful side hustle -> Official Business.

    Well we can all agree on that point.
  7. @aiteoconsulting

    Successful side hustle -> Official Business.

    A £65k (and growing) turnover business is not a hobby. The business has to be registered with HMRC. There is no grey area here at all.
  8. @aiteoconsulting

    Successful side hustle -> Official Business.

    You absolutely need to get talking to an accountant to register your business as it stands, declare any profit that has been earned and pay tax (& any late filing fines if relevant - quite likely if this has been going on for 2 years). The question of whether to incorporate is a separate one -...
  9. @aiteoconsulting

    Employed + sole trader taxes?

    Not for £5k turnover. £50k, perhaps.
  10. @aiteoconsulting

    In need of advice regarding limited company

    The key to this will be to assess your role and find out if it is outside IR35. From April 2023 that would be your responsibility as a director of the company (rather than the engager's responsibility). You should do this using one of the IR35 tools out there (IR35 Shield and Kingsbridge are two...
  11. @aiteoconsulting

    Founding an LTD in UK while living in Italy wo getting punished

    You will only get punished if you break the law. As explained to you on your other thread, you can open up a UK company but if you direct and manage operations from Italy you will likely establish a tax branch over there and the Italian tax authorities will assess your business for tax anyway...
  12. @aiteoconsulting

    BUSINESS BASED IN UK WHILE LIVING ABROAD

    What will be the substance of the business in the UK? It sounds likely that your agency will end up with a branch in Italy as you will be doing all the work from Italy - so corporation tax will become payable there anyway.
  13. @aiteoconsulting

    Advice on next steps

    If you are going to be an interim manager, consider whether you are likely to be doing roles that are classed as 'inside IR35' or 'outside IR35'. This determines how you are treated for tax purposes and therefore will influence the decision whether you need to incorporate a limited company. If...
  14. @aiteoconsulting

    First time ltd company for a one off job

    Definitely not worth it for £2k.
  15. @aiteoconsulting

    Business idea. Making a webpage, that lets users comment any webpage by its URL

    Gab have done this. By adding an add-in to the browser, and you can comment on any webpage on the internet.
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