Recent content by peterdallan

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    Company van

    ok thank you Peter
  2. P

    Company van

    Ok thank you. I’m not up to speed yet on partnerships bs Limited companies, but if I bought it through the the partnership could I offset the cost of purchase against any profits? If so would that not make this the better option? Thanks Peter
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    Company van

    Hi, I’m due to complete on a small business purchase very soon and have a question about buying a van, Until now I’ve always been employed and paid PAYE. The company will be a partnership, and is currently below the VAT threshold. I will need to buy a van for pickups and deliveries but won’t...
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    What type of legal to look for to help purchase of a business

    Thank you everyone. Since corporate law was mentioned I called the solicitors who did my conveyancing and they had a corporate law department that had expertise in the area I am looking to buy into. Peter
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    What type of legal to look for to help purchase of a business

    Hi there, I've been in discussions to buy a small business, currently a partnership, from the existing owners. What I am looking for is someone to handle the purchase of the company. Most searches I've done relate more to commercial property conveyancing but I need someone experienced in...
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    Taxation question

    Yes would always consult an accountant first, really appreciate all the advice. Next stop e-commerce platform, but that's for another time and a different section. It is obvious that there are hundreds of different views and suggestions. Fortunately I have time to look at them all and decide...
  7. P

    Taxation question

    Just wanted to tap this excellent resource before going the accountant route. Advice was perfect for what I needed at this stage so thank you very much for your help. Peter
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    Taxation question

    Hi, I'm currently employed and on PAYE, paying tax at the top rate. I want to start building a business for myself and was wondering where I stand tax wise should I have the business up and running and profitable while I am still a higher rate taxpayer on PAYE. Will I still have to pay...
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