Recent content by mediah01

  1. M

    Employed and starting additional business

    Interesting quiz. Seems ltd will be the way to go. I noticed your company formation charge is £100. What does this entail?
  2. M

    Employed and starting additional business

    Thanks for your reply. I thought that might be the better option. What other factors would need to be considered?
  3. M

    Employed and starting additional business

    Hello I am currently FT employed with a salary over £30K. I am starting a new business which I expect to turnover approx £60K in its first year with a profit of approx £50k. I plan to keep my current FT job. Would it be better taxwise to be a sole trader or form a ltd company?
  4. M

    Client complaining after 4 years

    This client ordered in 2007 and 2008 and didn't have any problems. He was not ordered since 2008. We hate to receive any customer complaints and luckily we don't receive many (this is the first complaint of this type after 7 years in business). But I really think this one is stretching it a bit...
  5. M

    Client complaining after 4 years

    He wants it for free.
  6. M

    Client complaining after 4 years

    Hi all I was wondering what you would do in this situation. A client of ours placed an order in 2006. We print on CDs. We received a call this morning stating that some of the discs are faulty. He has claimed that the print is peeling off. Over the last four years, he has used more than half the...
  7. M

    VAT question (Channel Islands)

    Well my accountant is useless. When I asked for advice, he copied and pasted sections from the HMRC website in an email. Is there any expert here that has some experience with this? I would be willing to pay for their time.
  8. M

    VAT question (Channel Islands)

    Sorry to resurrect this old thread but I needed some clarification. If I purchase products from China, for example, and have them delivered to a fulfilment company in Guernsey and then they distribute to customers in the UK, would I have to pay VAT at any stage? (providing the goods are under...
  9. M

    Selling Office Furniture

    We are moving soon and have four desks, a couple large cupboards and matching pedestals that we want to get rid of. A couple of the desks are quite large and were pretty expensive (approx £2000 new). I don't think that Ebay would be suitable. Any ideas on how we can shift them? T
  10. M

    Overdrafts - Are banks calling them in?

    That sounds pretty scary.
  11. M

    Credit terms - are you playing hardball now?

    Hi all We have noticed that many clients who are on 30 day credit terms with us take more than 60 days to pay. With the current financial situation, how are you all dealing with credit terms? Are you not offering credit at all or are you just being more aggressive with chasing payments?
  12. M

    Overdrafts - Are banks calling them in?

    Did they struggle to pay? Did they offer them a loan as an alternative?
  13. M

    Overdrafts - Are banks calling them in?

    Hi all I was considering asking our bank for an increase in our overdraft. Then I thought that in the current climate I probably wouldn't have a chance of that happening. Then I started to panic that our bank could call in our overdraft at any time. Has anyone's bank called in their overdraft...
  14. M

    Why dont people ask their accountants?

    I have lost faith in my accountant and will soon be looking for a new one. I have emailed him with three fairly general questions over the past six weeks and he hasn't found the time to answer one of them! Sometimes you can find info on the net but need a professional to confirm. That's when...
  15. M

    Anyone in Yorkshire, in particular sunny Leeds!

    I am in Leeds!
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