Recent content by Barney2201

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    Moving to Antigua - UK Director PAYE

    Thanks for the info UKCA, really helpful. Antigua does have local corp tax but only taxes profits on locally sourced income. We are opening a branch office there and will pay local tax on anything which happens in Antigua, however most of our work will come from the marine industry so will be...
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    Moving to Antigua - UK Director PAYE

    Absolutely, just wanted to see if anyone threw up any red-flags straight away before engaging with the 'expensive accountants'... Paying a high salary and bonus seems a much cleaner and simpler way to reduce the UK corp tax liability. It's also means a single UK entity which is much cheaper to...
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    Moving to Antigua - UK Director PAYE

    I am know i'm going to get lots of people say (go speak to an accountant), however... I want to throw this out there before seeking professional advice... We have spent the last two years living in Guernsey, now looking to move to Antigua which has no personal or corp tax. We currently have...
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    Fashion Store EPOS / Stock Management System Recommendation

    I know this question has been asked before but can't find an update to date answer as the market place seems to change so quickly..... Looking for recommendations for a cloud based EPOS system for a retail and online fashion store? New start-up business so no need to integrate existing...
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    Relocating Business Overseas

    Have you considered Guernsey? We moved to the island just over a year ago. Great place to live, growing tech sector, better weather, sime tax advantages and still only a 30min flight back to the UK. If you want more info DM me.
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    CBILS Loan & Paying Directors,What happens if Co goes bust??

    Thanks for the info We have furloughed both members of staff, but still paying a hefty top up on our head designers monthly payment. Seems crazy the CBILS scheme cannot be used to pay directors salaries, without directors there is no company to come back to. Seems we should just burn the cash...
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    CBILS Loan & Paying Directors,What happens if Co goes bust??

    I will try and keep this breif... We own a successful events business, turnover circa £1.5 million and a 25% net. Our business is based around designing and producing events, we have virtually no asset value and only two full time employees (plus two directors, husband and wife). We...
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    Furlough, latest guidance

    Does anyone know what is the situation when you furlough staff who have a company car and private medical? Can they retain these benefits?
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    Business Interuption Loans

    Check out this article https://www.bbc.co.uk/news/business-52043896 As usual the banks want their cake and eat it.. We are with HSBC, might need to head down this route eventually. If anyone has success in getting an application form maybe they could share it with the forum, would be good to...
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    Rental vs Lease, can I issue a lease?

    Am I correct in thinking a lease agreement can only be issued by a company who is registered with the FSA? We are about to rent a digital sign to a client for three years, normally this would be classed as a lease, however I need to know if our Ltd company can issue a lease or would it have to...
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    Difference issuing a lease vs rental contract

    Am I correct in thinking a lease agreement can only be issued by a company who is registered with the FSA? We are about to rent a digital sign to a client for three years, normally this would be classed as a lease, however I need to know if our Ltd company can issue a lease or would it have to...
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    I need a new accountant!

    As long as its legal I have no issues with avoidance, we all want to pay the least possible amount of tax. We need an accountant who can at least present all the options available.
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    I need a new accountant!

    Looking for recommendations for a new accountant... We are an events company with an office in Milton Keynes and Cannes, France. We work across Europe and sometimes further afield. Our current accountant is an independent who does not seem to be able to cope with the amount of clients she has...
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    Need accountant with TOMS experience

    Hi, we are looking for an accountant for a new company providing hospitality for F1 Grand Prix. The business was established last year through an existing company, we have now formed a new company to just deal with the F1 business. We have been advised we need a specialist accountant with TOMS...
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    Require venue hire contract drafting

    We are a UK based events company, one of our projects is corporate hospitality at Monaco GP. We hire a terrace from a private individual in Monaco then add production (catering, decor etc) and sell it either ticketed or as a buy out to a corporate. I need a solicitor to draft a contract between...