Recent content by foofighting

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    Car purchase for business - sole trader

    I do have a business account BB, it was getting too messy in the early days - I have a lot of expenses with buying stock but I'd say at least 50% of the milage on our new car is business mileage. Every time I go out in it I end up going to the Post Office, Sorting Office or picking stuff up. I...
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    Car purchase for business - sole trader

    No I am not, I am talking about dropping them off with friends/family on the way to going to shows. I cannot take them with me because of what I do.
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    Personal Car used more for work

    Sorry, wrong thread.... LOL.
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    Car purchase for business - sole trader

    Also to add (would not let me edit) £600 is the cost of the part - with the labour we are looking at 1k plus. And this may, or may not, fix the problem which is not really good enough for me tbh and I want a car I can drive, not one that is sitting on the drive. A trader will have this spec...
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    Car purchase for business - sole trader

    OK, thanks for the reply. In regards to the 'not a business car' issue. We do not need a car for personal use as we already have a new one - this will be one that I can get sign written and use for getting my stock around in and going to shows. Allowable expenses will not even cover the tax &...
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    Items damaged by recipient - what would you do?

    I had someone buy a £60 item, wear it and return it with the tags still on. She must have worn it for her wedding day too - sad cow!! I refunded her and told he she was no longer to shop on my site again. Banned her IP address and cancelled the account so it was not active. A few months...
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    Car purchase for business - sole trader

    Hi, I am trying to find some info on cars please. I need a big car to get me around with stock and to and from events I am appearing at. It needs to be 2nd hand under 2k - certainly cannot afford a new or a lease car. We are looking at sign writing on it too. We bought one back in May for...
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    How to deal stock/capital, I am in a bit of a pickle....

    LOL simon, it is Friday :) Thanks Scalloway - so I am probably worrying for nothing then!! Yes, it is well under that.
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    How to deal stock/capital, I am in a bit of a pickle....

    OK thanks. I run a spreadsheet and manually work out my Gross Profit and always have done, I am 100% sure of the figure I have been submitting for this has always been correct so that is fine then. I know I have never made enough money to pay tax. So, the amount of money we have in and the...
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    How to deal stock/capital, I am in a bit of a pickle....

    Thanks for your answer. To answer your question, pretty much everything I have 'earned' this year (say 8k) has gone back into buying more stock so this is why I have no money - I know that. We have put around 3k in. What I am trying to establish is where I put the figures on my self...
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    How to deal stock/capital, I am in a bit of a pickle....

    Hi everyone, I am new here and found this forum while browsing for answers to my problem. I have been self employed for about 9 years now, I used to be a book keeper so know the basics and I have always done my own accounts using Sage Instant Accounting and am VAT registered. On my annual...
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