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ok. Let me get things straight here. Giving credit where credit is due, you are all helpful to me.
But no one has answered my question. I will re-establish it.
"How can a 14 year old, as nominated partner set up a partnership business with HMRC".
That is simply all i need to know, nothing...
so, my conclusion is that i am currently faced with the hmrc page about applying for partnership.
what do i actually do for my national insurance number? Im not too sure if it is on my birth certificate, but i shall check.
Hello, Me and a friend, both 14, are fairly confident we have found the right market place to possibly profit from. This is advertisement management.
But, we are coming to this forum to ask one thing, is it possible to run the partnership without registering, since we will need to give our NI...
can i get more help on this? upon trying to register the business, we have come across the fact that we must insert out national insurance number. The fact that we are under 16 aswell, what do we have to do now?
Just because i dont want to publish a business plan to a local forum doesn't mean one isnt being compiled. I was just stating that i am in no need of looking at a financial investment.
i feel you were trying to de-moralise us with your statement above with minimal information.
please, don't do...
ok, we have switched over now, he is now the nominated partner.
But, we have been struck with the national insurance number field.
what are we supposed to do with this, since you normally get sent this when your 16.
ok, so if i register as self employed today, as i am going to be the nominated partner, are there any banks that allow 14 year olds to open some form of business account. we have a deed of partnership set out, currently there is no intention of getting any kind of loan, due to the nature of our...
ok, so are you saying i can afford time to experiment with the business concept i have? and HMRC doesn't need to know until October 2016? so if termination occured to the business and of course no debts were outstanding, they don't need to know?
well, thanks for your reply.
to answer your question straight to the point, no i havent compiled a business plan as to be honest with you, We aren't looking for any type of investment to get our name out there, since we already have local connections and referrals, but i don't want to start...
Hello, I am a 14 year old, Who has the initiative to start a Advertisement management and IT consultancy business.
Me and a Partner are considering taking the steps to becoming a partnership.
I have a deed of partnership set out and agreed.
but, i am the nominated partner.
What am i supposed...