Recent content by GriffLewis

  1. G

    VAT on mixed gift boxes

    Thanks for your reply, but its a bit more complicated than just keeping a tally as we ship say happer XX, which contains 2 cheeses, a bottle of wine, the hamper its self is taxable and then the carriage. If i was going to do this correctly, for each type of hamper i would have to look up how...
  2. G

    Web desinger Cost

    The company built the website, so for now i have to use them, but don't think i have to say with them if i can get better value for money. I have a meeting with them tomorrow and going to see how they justify 900 pounds to set up a facebook page.
  3. G

    Web desinger Cost

    Hi I have recently taken over a retail business and it has a web site, i met the company last week and not sure if i am being taken for a ride, there are a few areas on the website that i can edit but for any other areas they want to charge me 65 pound an hour. Therefore we want to keep the...
  4. G

    VAT on mixed gift boxes

    Hi I own a cheesemongers and as part of the service we sell gift boxes that contain VAT goods like wine and non VAT goods like cheese. We are a small business but over christmas we sell hundreds of gift boxes, normally i go and calculate what was taxable and what was non taxable and enter them...
  5. G

    Company Paying back Directors Loan

    ok so the company makes 30k pays tax of 6k...this feeds into the P&L under capital and will also go in the cash in bank under current assets. Then take out the 24k from cash in back and add that to the DLA. Then everything balances. Or i suppose i could keep the loan going and charge the...
  6. G

    Company Paying back Directors Loan

    I am looking at buying a business and will cost 150K which I will finance from my savings. My question is the best way to get this out of the business. Below is the balance sheet when taking over the business and say I make 30k profit in the first year before tax, can I pay 30k to myself and...
See more
Top Bottom
Community
Articles
Menu