Recent content by etanku

  1. etanku

    Buying a business thats not been registered

    My issue is on the other aspect, why does everyone keep getting hung up on the social side. Lets imagine the social assets are cameras and equipment. My concern is, what is the best way of the transfer to happen?
  2. etanku

    Buying a business thats not been registered

    Apart from the social media issue which im sure will be fine (I have links to the main social media companies which makes account takedown a non issue). What is the best way to proceed with this?
  3. etanku

    Buying a business thats not been registered

    I have read that some social media platforms don't allow transfer but companies are bought and sold all the time and the social media assets also move along. How do they accomplish this?
  4. etanku

    Buying a business thats not been registered

    I am interested in purchasing a business that has not been registered with companies house. The business is a YouTUbe channel which comes with several other social accounts which have a big number of followers. The issue lies here. The owner has never registered the business in that sense. He...
  5. etanku

    Temporary Employment

    I can transfer some of my shares to someone else for the time being. Is there any other obstacles if i do this?
  6. etanku

    Temporary Employment

    I am a director of a limited company and own 25% of the shares. Upon leaving university this year I wanted to get a mortgage and move into my own house. As a director of this limited company I have not been withdrawing a wage since I have wanted to put all the money into developing the business...
  7. etanku

    Small transactions and cash withdrawals

    I have started a business with one of my close friends and I have a few questions about transactions and record keeping. My business partner isnt a particual fan of following rules so he freely makes transactions without keeping record (invoices, receipts). He also makes a lot of cash...
  8. etanku

    Accounting dates question.

    We are an online entertainment business so those issues don't effect us. I'm just thinking about the future when we might register for PAYE & NIC.
  9. etanku

    Can a director be employed by the company to fill in an addition position?

    So technically its legal for me to also be employed as a cleaner in the company? (not that I want to take that role lol) Would this count as 2 jobs?
  10. etanku

    Accounting dates question.

    I'm assuming that corporation tax changes with the accounting reference date? Or is corporation tax 6th April - 5th April?
  11. etanku

    Can a director be employed by the company to fill in an addition position?

    I am a director of a limited company and I'm wandering if I can be employed by the company to fill in an additional position and go on the payroll for that position.
  12. etanku

    Accounting dates question.

    Thanks for that. You are right but the cost of initial advice put me off so I'm trying to learn as much as i can myself. Is there a good date to change the accounting reference date to? After some reading on this forum I came across a few threads mentioning this and people were saying March...
  13. etanku

    Accounting dates question.

    I have recently signed up to FreeAgent for my company bookkeeping but I dont know what to enter into the software for First Accounting Year End Date. The company was incorporated on the 18/06/2012 and started trading on the 1st of Jan 2013. I have included the companies dates which are stated on...
  14. etanku

    Bank transaction accounts requirements

    I am the company Director and I was asking about the company's record keeping. How about small payments on the company's debit card like a £3 sandwich at a supermarket. Does the receipt need to be kept? How about cash withdraws? It's these little payments I'm more worried about. Would HMRC...
  15. etanku

    Bank transaction accounts requirements

    Hi guys, I wanted to know the legal requirement when explaining a bank transaction. In my FreeAgent system I have labelled the unexplained transaction as a rent payment. This payment was a bank transfer. Do I have to upload/provide an invoice for this transaction? Thanks
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