Recent content by chlodah

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    New Sole Trader Accounts Questions!

    I’ve recently inherited a business and have to do a self assessment. This is fine, although I’m absolutely clueless about it as I’ve always been employed elsewhere! I wondered if a gift from my grandparents is classed as income and therefore liable for tax? Also compensation I received is this...
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    I’ve inherited a business!

    I’m in south east London
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    I’ve inherited a business!

    EDIT - sorry should have mentioned I’m also the executor of the estate and sole beneficiary, so i’m my own decision maker. I’m guessing I need to find a decent accountant who has dealt with probate issues in the past.
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    I’ve inherited a business!

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    I’ve inherited a business!

    That’s brilliant advice thank you Rob
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    I’ve inherited a business!

    Very recently someone I cared for sadly passed away. They left me their business which was a really successful and well established retail outlet. He operated as a sole trader so in effect his business went with him. I’d like to carry it on in his honour but don’t know where to start! The...
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