Recent content by Lewis Hanson

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    Using Personal Laptop For Business

    Hi All Hope everyone is well. I am currently using my personal laptop for all work/startup related things and will be incorporating to a ltd company shortly. Once incorporated I will be continuing to use my personal laptop for work for a period until such a time that a specific work laptop...
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    Multiple Divisions/Trading Names vs Holding Company

    Hi All Hope everyone is well and staying safe given the current situation. Would appreciate people's thoughts on when it makes sense to form a holding company vs having one limited company with multiple divisions/trading names. It's my understanding that having one limited company with...
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    Company Formation Agents

    Hi All Hope you are well and staying safe. I am about to formally set up a limited company and was wondering is there any particular benefit in using a formation agent? I see they have a number of different 'packages' but is there really anything they do that you can't do yourself? Is there...
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    Checklist for setting up and running limited company

    Hi All Hope you are all well. I was wondering if anybody could provide an essential checklist of the things you need/need to do in order to set up a limited company but then also run/maintain each year. I have googled and compiled a checklist with the basics on there, just want to make sure I...
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    VAT For App

    Hi All Hope you are well. My startup is working on an app which will be free for consumers to download. We will be monetising via advertisements in the app as well as in-app purchases such as stickers/filters that sort of thing. I understand that in one case my customers will be businesses...
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    VAT Bill

    Hi All Hope everyone is staying safe. My question is regarding a situation in which after working out VAT, you have a bill to pay to the HMRC, which I'm assuming for all profitable businesses is the case - i.e. making more sales than your buying/costs. My question is - under what...
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    Reverse Charge VAT

    Hi All Hope you are well. I understand that reverse charge means that the buyer of the goods is required to may record of both the input and output on their records. Does this mean the seller does not have to record anything? Surely they are still liable to make a record of it as they will be...
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    Company Formation Advice

    Hi All Hope everyone is well and staying safe given the current situation. I am working on a prototype for an app and would like to put a demo video/screenshots on a landing page website, whereby people can 'register interest' by leaving their email address. This will give me an initial sense...
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    Virtual Registered Business Address Recommendations

    It would be my personal preference from a privacy and professionalism perspective to have a specific office address as opposed to my home address. I appreciate you haven't had any problems and nor would I expect any myself, however, in a time in which data, privacy etc is such a precious thing...
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    Virtual Registered Business Address Recommendations

    Hi fislcx, thank you for your reply. At present, I am not in a position to take up proper office space and will be working from home and sometimes co-working spaces. As a companies registered & service addresses are made public I would rather not use my home address.
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    Virtual Registered Business Address Recommendations

    Hi All! Hope you are well. As per the title, I am after some recommendations for companies which offer virtual registered office addresses in London, preferably Central London, ideally City of London. I would be looking for a service which provides a registered office address as well as...
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    Accounting & Tax Advice For New Ltd Company

    Hi What would be the best option in terms of the necessary accounting and tax filing requirements for a ltd company with multiple trading names in the form of different websites/apps. For reference I have no experience in bookkeeping nor accounting so would I be better off having a...
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    Most Appropriate Business Structure?

    Thanks for the reply. Very useful advice! :)
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    Most Appropriate Business Structure?

    Hi All! If I am going to run multiple web/app businesses, would I better registering one ltd company and then setting the different websites/apps up as different trading names under the one ltd company? Alternatively would it better to set each website/app up as it's own ltd company and if so...
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