Recent content by OnlineSeller

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    Home Office Expenses

    I'm beginning to see that :D
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    Home Office Expenses

    OK I have now calculated Net Profit. Turnover - Cost Sales - Overheads - AIA. I have fallen below the NIC4 threshold (that's not affected my employed income that's right - it's purely on the profits of my business) however I hadn't claimed in advance the small earning exemption so I believe I...
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    Home Office Expenses

    Very small sole trader but also employed full time.
  4. O

    Home Office Expenses

    Thanks Scalloway. That's a good guide.
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    Home Office Expenses

    Great thanks. I can't be bothered with the last minute faff of trying to calculate my expenses. I take it this cover only the aesthetics/upkeep/repair of the room and the heating/lighting etc. It doesn't cover the costs of the equipment or services in use in the room such as broadband...
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    Home Office Expenses

    I remember reading somewhere that there is a flat rate available for the use of a room in your house for business purposes (not solely for that purpose) which was £3 a week from memory however I'm not sure what you call it and so can't find a reference for it on HMRC. Did this ever exist and...
  7. O

    Ebay/PayPal Fees & Sage Import

    Thanks John. I'll give that a bash.
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    Ebay/PayPal Fees & Sage Import

    John, That simple really. I thought it would be hard :D Monthly totals it will be and I presume if I do that through Sage itself I will not have to worry about the sales invoices (for the total amount) not being allocated against the payment.
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    Ebay/PayPal Fees & Sage Import

    To be honest KashFlow didn't work out for me so went Sage yesterday and I hadn't looked at any other solutions. I'm here now so will get on with this now and look at my options afterwards but thanks for the heads up on that software. It certainly looks interesting from a quick scan.
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    Ebay/PayPal Fees & Sage Import

    John I was planning on importing them all as I think the information could prove useful later on. I know from a bit of work I done last night on the email field of the paypal export that about 5% customers are return customers though the items I sell would be expected to last 1 to 2 years...
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    Ebay/PayPal Fees & Sage Import

    OK I could see immediately that I was left with balances and my Trial Balance would never add up so I had to try and work out in my head the double entries for PayPal Fees and Ebay Fees so I've come up with this. OK so let's restate the scenario. I sell goods valued at £100 plus £5 Postage to...
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    Ebay/PayPal Fees & Sage Import

    Definitely something not right about those entries - looking again.
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    Ebay/PayPal Fees & Sage Import

    The Monthly Ebay Seller Fees that comes through on the paypal history download does that include both listing and final sale fees? I can't see any other fees (other than paypal) listed so looks like it. As regards the entry in Sage 50 If I sell stock through Ebay £100, £10 Ebay Fess, £10...
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    Self Employed - 6 weeks to get registered

    OK was doing a bit of searching to see if I could find anything about 31 January deadlines and couldn't other than the 3 month rule for registered for Class 2 National Insurance had such a rule and that now much be registered for before 31 January of the year following the tax year end. So...
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    Self Employed - 6 weeks to get registered

    Thanks David. That's frustrating as it was HMRC that told me that when I rang them last year to confirm with them as I was getting conflicting info. I even confirmed it by saying that so long as I registered and paid before 31 January 2012 no penalties would be due to which given a flat yes...
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