Recent content by Fozzmeister01

  1. Fozzmeister01

    UK subsidiary - with EU branches - wanting an EU VAT number. Is that possible?

    Hello all, I am hoping someone can help me. We are a European business and i look after the UK and Ireland branch. Recently, we are getting more and more business from Ireland which is great but I have some questions about the VAT and shipping. Our French branch sometimes drop ship for us but...
  2. Fozzmeister01

    Updated - France to Ireland drop shipping

    Hi, Apologies for the new thread. it wouldn't let me add anything onto the old one. Back story is that I work for the UK branch of a company but we are now looking after the Irish market. Our head office is in France and this is where most of our goods get shipped from. So for any UK to UK...
  3. Fozzmeister01

    UK —— France Ireland

    Hi, The thing is my colleague is saying we need a branch in Ireland to eliminate Vat costs for parties. Meaning we use our ‘branch’ in Ireland to order from France and drop ship direct to Ireland to eliminate extra costs. Does that work?
  4. Fozzmeister01

    UK —— France Ireland

    Hi, Thanks for the reply. No currently we have no branches in Ireland so we go France —- UK —— Ireland for our shipments. We will ship to Northern and Southern Ireland eventually.
  5. Fozzmeister01

    UK —— France Ireland

    Hello all, Thanks in advance to any replies I’ve recently started work in a UK branch that looks after the UK and now the Ireland market. We have branches over Europe but they are kind of their own entities. Our main depot is France so we ( UK ) order from them and ship to UK and soon to...
  6. Fozzmeister01

    Help needed - really confused

    Hi everyone, Firstly, I hope everyone and their families are safe. I am so confused by this whole coronavirus thing that I really need some advice. I am a full time employee in the Electronics industry and we are still currently open, however I'm not sure for how long. This job pays the bills...
  7. Fozzmeister01

    timelessmoviemagic - vintage film posters

    Hello everyone, My name is Marc Forester and I am the owner of timelessmoviemagic. I have been collecting film posters and lobby cards of mainly 1940s films for over 20 years. Using my experience and extensive knowledge of film posters I decided to share my passion and this brought about the...
  8. Fozzmeister01

    Tax return- a quick question

    Ok I'm kind of getting it. The cost of goods sold is just the figure from what I purchased it for. In your second year example I had £14000 of stock total and sold £11000 of it. So what if that £11000 of stock I sold for £20000. I would just be taxed on £9000? Is that right? On my sole trader...
  9. Fozzmeister01

    Tax return- a quick question

    That to a novice like me sounds very confusing. Is it possible you could give me an example in numbers? Thanks for your time Marc
  10. Fozzmeister01

    Tax return- a quick question

    Hi, Last year was my first year so that went into a stock column. Do I disregard last years stock and only put this years stock bought in this years tax return? Thanks Marc
  11. Fozzmeister01

    Tax return- a quick question

    Hi all, I am a sole trader and this is my second year doing the tax return- quick question- Do I need to add anything on my second year tax return about the first years stock I bought in which I still have some? Or is it really as simple as I bought this much stock in the 2nd year minus...
  12. Fozzmeister01

    Help with my self assessment form

    Hi everyone, I hope someone can help/ This is the situation. I am currently employed by a company and earn 25k. I have a small Ebay business on the side which i started up in Oct 2013 so my tax return is due for the dates Oct '13 to April '14. I have added all my earnings into the self...
  13. Fozzmeister01

    Can anyone help a newbie?

    Hi both, Thanks for the replies, Scalloway why do i have to take the full postage cost off? Also do i just not declare the tax on the old items i purchased years ago that had no receipts which were my collection? By that i mean keep my personal items separate and then all the other items...
  14. Fozzmeister01

    Can anyone help a newbie?

    Hello everyone, Just found these forums and love all the information on it, i have a few questions. A bit of background. I have been collecting film memorabilia for the last 20 years (some of which i display and others which are just stored away) I have in the past year sold a few pieces on...
See more
Top Bottom
Community
Articles
Menu