Recent content by Lewis Morris

  1. Lewis Morris

    Closing a LTD Company

    thanks
  2. Lewis Morris

    Closing a LTD Company

    Last year me and a friend opened a limited company. Hoping for the best, but it hasn't worked out. We want to close the company down - we haven't taken any wage or dividends thus far and have only had about 10 purchases and 5 sales. Sales are under £1500 1) Do you think I can handle the...
  3. Lewis Morris

    Non vat registered company. How do I deal with vat on purchases.

    Cheers
  4. Lewis Morris

    Non vat registered company. How do I deal with vat on purchases.

    Thanks for this, perfect.
  5. Lewis Morris

    Non vat registered company. How do I deal with vat on purchases.

    I'm a bit confused about the rules with VAT, and I wondered if someone could clear something up for me. I've started as a sole trader and don't expect to hit the VAT threshold. I'm buying product x for £5 and my supplier is charging me £1 vat. This means that my overall cost is £6. My...
  6. Lewis Morris

    Employment, sole trader & partnership (all at once) - trouble understanding it all.

    This is a tricky one so bear with me. If anyone can push me in the right direction with any of these I would greatly appreciate it. I'm employed part time, and a sole trader but I also want to start a partnership with someone else (a third venture). 1) Do I have to register as a sole trader...
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