Recent content by Dazdot

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    What sectors are busy?

    Construction is busy, at least in our sector it is!
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    Car delivery service

    DVLA will not give you a definitive answer, in my experience. You would be better asking a professional, say an HGV instructor/trainer or similar. I was told to ask myself, If there is any doubt as to whether a tacho is needed, would I feel comfortable in defending against DVLA in court should...
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    Car delivery service

    You would need a B + E licence and possibly a tacho. Best speak to an expert.
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    Anyone got the 10k business Rates relief grant yet?

    Erewash Council called me on Sunday May 3rd to tell us they had funding from the Governmment and that we should apply asap.We did so on Tuesday the 5th and today received the £10k. Very easy and slick process.
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    Best bank for a construction business

    Im a construction company owner. We use RBS and have a very good relationship with them. We are pretty cash rich with no credit debts so don't use them for funding etc, although about 12 years ago we did use the available overdraft facility.
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    Holiday Entitlement During Covid-19 Lockdown

    I am not sure, but I would imagine that this is not legal. I have 2 employees that are currently on furlough that have holidays booked during the next 2 weeks. I have cancelled their holiday days (with their permission) and told them to rebook for when the restrictions are lifted. Morally and...
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    Any tax benefits?

    Much appreciated.
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    Any tax benefits?

    Adam, thanks for your reply. First port of call will be our in house financial controller and then our company accountant. As I only came up with the thought tonight (whilst out walking the dog) I thought I would see if there were any definite answers online. The car would be a Tesla model 3...
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    Any tax benefits?

    I am MD and shareholder of the company. I am looking to lease a new car and wondering if there are any benefits with the following for me/the company. Or are there are any other ways of getting tax benefits from leasing a new car. Company lease a car for say £750 + vat. I pay £750 lease cost...
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    Do you/ have you got many clients after commenting on posts on here?

    I am a customer of a marketing company that uses these forums. I would not have known about them if I had not seen them on here.
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    Will They Need My Passport Again

    We were asked (two directors) to supply service bills and passports when buying and selling a property on behalf of the company. This was with a solicitor that we have been using for years. Never been asked as part of a private purchase/sale though.
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    Patent and idea protection advice needed

    Best to speak with a patent attorney and get some advice.
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    Giving shares for free

    Our accountant had to have the company valued, and then the tax man took his 40% as it was classed as a benefit to the reciever.
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    Giving shares for free

    Depends how your accountant works it, my tax is due in 4 installments over 2 years.
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    Giving shares for free

    And the reciever will have to pay tax on the share value (as this will be classed as a benefit), so you cannot give for free as the tax man will want a cut. I know this as I have recently been through the same process.