Recent content by mollie

  1. M

    Sole Trade -v- Limited Company

    Hi I wonder if I can get some opinions on this... Myself and my husband have a VAT limited company which has a gross turnover of over £150,000 .... (if i'm honest i don't understand the tax etc that goes with it) however we pay an accountants over £2500 a year so we leave it to them. This is...
  2. M

    Leaving my business ..advice

    Many Thanks the resolver ... can i just leave everything as it is for him to run and then me just start out on my own ??
  3. M

    Leaving my business ..advice

    The Byre - is it that easy ? I can just go ahead and start on my own and do my own tax returns ?
  4. M

    Leaving my business ..advice

    Hi The Resolver, the situation is we run a cleaning business but work separately him doing carpet cleaning and common ways and me doing end of tenancies, I want to split the business and build up my own side for local letting/estate agents and leave him to run the Ltd company. Is this viable ...
  5. M

    Leaving my business ..advice

    I wonder someone can give me some advice on this.. Myself and my husband run and own a Ltd company which we are both directors (50% each). I would like to leave the business to go self employed doing another job. That means i will be leaving my husband to carry on running the business as a...
  6. M

    Vat Return Mistake - Help Please

    many thanks to you both for you advice.
  7. M

    Vat Return Mistake - Help Please

    Hi I have made a mistake on my VAT return for my LTD company which has resulted in me being sent a rebate. The error is i should have paid £1068 vat but instead i got that amount rebated to me. The return had to be in by end August and i submitted it last week, how can i pay this money back?? do...
  8. M

    VAT flat rate scheme what % for cleaning company

    Hi The HMRC is a bit confusing on what % a normal cleaning company needs to pay on the flat rate scheme so can anyone help me please. My company cleans houses after end of tenancies / common ways and also some carpet cleaning. I have had conflicting answers from HMRC one lady said 9% then...
  9. M

    LTD business loan application -not through bank- help

    Hi I need to apply for a loan for my business and will be applying in my business name (LTD Company) but not through the bank. Can someone tell me what the process for this is - ie does the finance company need to write to my accountant etc and how long will it all take - any help would be gre:)at
  10. M

    Van purchase help

    It's a LTD VAT registered business and it would be a new van thanks
  11. M

    Van purchase help

    I need to buy a van for my ltd business so does anyone know regarding finance do i apply using my personal name or business name?? thanks for replies:)
  12. M

    VAT flat rate scheme - another quick question

    can i use it on the flat rate scheme?
  13. M

    VAT flat rate scheme - another quick question

    If i use the cash based turnover method am i right in thinking i submit my vat return every quarter on vat money received not on issued invoices??.
  14. M

    VAT flat rate scheme - quick question

    thanks yes i thought so - not sure where i read it but i didn't think it was correct thanks for your reply
  15. M

    VAT flat rate scheme - quick question

    Hi I am thinking of using the flat rate VAT scheme as I run a cleaning business so therefore can't claim much back. Heres the question............ Am i right in assuming that as i am VAT registered i have to charge every customer VAT?? as i have read that i don't charge VAT to my non VAT...