Recent content by benni

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    Non-uk limited company director - PAYE and NI

    The UK company will be subject to corporation tax on its worldwide income. It might also be subject to tax on profits in other tax jurisdictions depending on the nature of the business and the individual double taxation conventions (DTC). Normally if the company has to pay tax on profits in...
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    set judgement aside, urgent help please

    But interest would continue to accrue until the day the debt was settled, so is there a chance that the interest you already paid doesn't cover every day? The court fees would normally always be paid by the losing party, but costs of solicitors would normally not be awarded in small claims...
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    set judgement aside, urgent help please

    How late did you pay the original debt? I'm asking because there is a statutory provision under Late Payment of Commercial Debts (Interest) Act 1998 and Late Payment of Commercial Debts Regulations 2002 which means for commercial contracts, unless agreed otherwise, the creditor is automatically...
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    VAT

    Surely there is a case for treating the materials in this situation (if bought on behalf of the clients and without any markup) as disbursements, which would exempt them from VAT and not be counted towards the VAT registration threshold. Some info from HMRC here...
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    Buying a private residence via Ltd company

    Yes, but how would you do it? Do you really think there is a mortgage lender that will lend money to your company for buying your own private residence? And even if there was, I'm sure you would need to AT LEAST put down a deposit of 25% - which in your example just means you lost all your own...
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    Responsibility for import duty & VAT

    AFAIK, the VAT rate on fruit is 0%, so you would not be charged VAT by HMRC on import nor would you be allowed to charge VAT to whomever you sell it on to. If goods are sent DDU (Delivery Duty Unpaid), the importer of record (as listed on commercial invoices) would be responsible for paying...
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    Foreign National on Tier 2 General Visa - How to start a business?

    You will probably end up having to wait to until you have residency to able to legal set up the business. You could not be a partner in your girlfriend's business. As your girlfriend is an EEA citizen and if you are in enduring relationship (minimum 2 years, living as if married) you could...
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    Copyright infringement

    To combine the u and n and make it into a logo is not a new idea, I'm sure it has been done thousands of times. In terms of your legal position - unfortunately in the end it will come down to what a specialist judge rules when looking at the case [similar enough to be a copy?]. The fact that...
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    China Buyer Protection

    I have no experience in this area, but I have heard that there are dodgy escrow services operating in China (and the places) in collusion with scam suppliers. The supplier recommends an escrow service to put the buyer at ease, but then both disappear with the money. So I think escrow is a good...
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    Reverse engineer spreadsheets

    The license terms for the add-in will probably include a clause about reverse engineering and similar actions being prohibited, so although you might not be breaking copyright law if you write a new program with similar features you would be in breach of the license and open to being sued. This...
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    Tax on Account

    When you file your next tax return (which can be done online a couple of days after 6 Apr normally - I'm always in there as soon as possible), if the tax due is less than what you've already paid on account you will be due a repayment. You can request the repayment more or less straight away...
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    rather odd no compete - enforcable?

    The jurisdiction clause means you have agreed that you are bound by laws of Delaware (which will be very different to the UK, I would assume especially when it comes to the question of size of damages). If they sue you for breach of contract, it will happen in Delaware and you would have to...
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    First VAT return questions: EU Pruchases

    I think the talk about EU Acquisitions and reverse charge is red-herring as that would only be applicable after the point where you become VAT registered. As your invoices going back clearly indicate that the German company is indeed VAT registered in the UK and collecting UK VAT (which is...
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    mobile phone contract, should be billed to the Company if Limited?

    Our small business account with Orange allows us to use any plan, whether retail or business, and we get an itemised VAT invoice. Plans are different in structure, but approximately the same value.
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    Start a business in the US

    It is easy to set up a company in the US (like an LLC), but it won't change anything in regards to you being able to physically travel to the US and do work while physically present in the country. You would need an appropriate work visa, and you won't be able to sponsor yourself for a one-man...
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