Recent content by Rory Downey

  1. R

    sage - profit made on each purchase

    The question of whether they are booked as items or service invoices is more pertinent
  2. R

    VAT MOSS and ECS?

    I'm not sure where you see that they charge? Is it late filing fees?
  3. R

    VAT MOSS and ECS?

    Are you selling to VAT registered customers? If not then call and de-register. Due to the DSR extensions over the past year, it has become common for people to de-register from the EC sales list
  4. R

    VAT MOSS and ECS?

    EC Sales lists are not for paying VAT, only for reporting Sales to VAT registered customers.
  5. R

    SEIS eligibility

    What way is the investment coming in? Are you married and could split the shareholding accordingly?
  6. R

    How to book Forex trading

    Then it is probably a capital gain as opposed to a trading gain. Do the sums for both and see which works better for you. If you want it as an activity, make a separate set of books and report them separately, a second trade on your SA100.
  7. R

    SEIS eligibility

    Unless you hold less than 30% of the company, no, except some capital gains relief
  8. R

    How to book Forex trading

    Is it your primary trade?
  9. R

    Bar Management Software [trial]

    I assume you would be plugging into the current EPOS, and finance system, otherwise you need to develop a working knowledge of accounting. Therefore I think your biggest issue will be system integration, so build a good API for whatever you build.
  10. R

    accounting requirements for a start-up company

    You need to keep proper books and records, and register for the appropriate taxes as soon as soon as legally required. You should seek advice from a start-up centre or an accountant
  11. R

    First VAT Return

    I think as long as you are consistent it will not matter. You are zero rated anyway.
  12. R

    Value of my business...

    There are many ways to do this, it really depends on what industry you are in, what the valuation is for, or the state of you balance sheet, but in essence it is how much someone is willing to pay for it. I would not advise engaging someone to do it professionally unless you are attempting to...
  13. R

    Courier damaged goods - issue invoice w/out VAT?

    No, just issue the invoice for the net cost of the doors to you. I assume the courier company are only making sure you are refunded for they actually cost you (Cost less VAT (0))
  14. R

    Inventory Management Software

    Hi Robbie, I work with SAP Business One, it is probably cheaper than you think, and would give you an all in one system with MRP, production, stock control and finance.
  15. R

    VAT taken off by one company and not another?

    Mark, you are correct, their sale is purely the commission, the rest is a through sale. Ask your other ticket seller for the appropriate legislation
See more
Top Bottom
Community
Articles
Menu