Recent content by seo888

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    Sole trader - Info on taxes required

    Thanks UK Contractor Accountant, I do have a NI number so that is not a problem but it seems to be the matter of having to be in the UK for 183 days to pay taxes as a sole trader. Argentum Tax, I think you are probably correct. From what I have read, you pay taxes on all monies earned in the...
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    Sole trader - Info on taxes required

    Thanks Scalloway, I have read that but it is not clear if it is possible to pay taxes even when not resident for 183 days or more. Basically, I want to move my family over to the UK from abroad, but my wife is a non eu citizen and I therefore need to prove my income. So, if I need to live in...
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    Sole trader - Info on taxes required

    Hi Guys, Ok, this is maybe a strange question. My question is, how many days MUST I be in the UK to pay taxes as a sole trader? For example, can I be in the UK for only 30 days and still pay taxes for the year? Please note, I want to be paying taxes and NI contributions while not living in the...
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    Starting up a second hand business - red tape

    Thanks for the information, good to know. I am not starting the business until around March 2016, I will be doing lots of planning before I start the business. Would it be ok to register the business with HMRC now? I want to make sure I am all ready to go and want all of the red tape stuff...
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    Starting up a second hand business - red tape

    Thank you, So, you mean I must register for tax with HMRC first then apply for business registration? I am a little confused, I can register taxes without even having a business name or business registration?
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    Start up - second hand business

    Hi Guys, Can anyone give me information on the red tape side of setting up a second hand business? I will be working from home and also selling at flea markets and car boot sales. I know I need to register for taxes with HMRC but how do I actually register a business name and register the...
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    Starting up a second hand business - red tape

    Hi Guys, I have searched a few places but struggling to find a clear description of how to start up a new second hand business when it comes to the red tape. My business will be partly flea markets, car boot sales and online selling. I will NOT have a bricks and mortar premises. So, my...
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    Most needed businesses ?

    Hi Guys, You do not need a new invention to make money, you will be chasing the wind for many moons to come this way. I agree with one of the other replies, you need to do a business that has high demand. Do not worry about competitors in the same business, sometimes this is good and it keeps...
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    Sales days only 3 times a week?

    Hi Deniser, Thanks for the great feedback. 1. Good point about Fridays being supermarket days. I was actually thinking of Tuesdays, Thursdays and Saturdays at first so maybe better? 2. I actually relish competition, however I think as second hand items are normally just one off sales then...
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    Sales days only 3 times a week?

    Hi Guys, I have pretty much got what my new business will look like but just wondering about opening hours. My business will be high quality second hand kids clothes and kids items. I know Thursdays, Fridays and Saturdays are the busiest 3 days of the week. I am thinking of opening our shop...
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    Where to start??

    Hi Ihaveadream, I must of missed this thread. Anyway, I am actually looking to do something similar although i am looking at more good quality second kids clothes. I have also wanted to do something like this for years, although it was more second hand stuff in general I now think kids clothes...
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    Poverty

    Hi lee248, The root cause of poverty is due to a lack of education of people. You get the education right then poverty will go away. Food and clean water are the basics, which of course people need. However, lack of education probably cause just as many diseases as lack of water and food...
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    Opening a consignment store

    Interesting story. My business will not be relying on online sales and will probably only be a small part of the business. I will have a number of different selling techniques, I want to give more of a personal service rather than an online service. I will be using the power of the internet...
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    Any ideas on short term Charity set up?

    The business partners were hoping to sell some of the plots to finance the project and this was working well until the crisis hit. Unfortunately now they have got itchy feet or have other business commitments that need their liquid assets which are more important to them. Which I can understand.
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    Subscriptions and Facebook

    Hi Parthelan, Thanks for your feedback. A few points. 1. I am looking at a specialised market which do not always do well on ebay. 2. Not everyone has the time to sit at a computer, take pictures of loads of items, pack them and whatever else and send them off. Do you not need to take the...
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