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Scalloway,
I have placed the amount on the P60 under "UK pension and other state benefits (Page 2 of 2)"
Item "Taxable Incapacity Benefit and contribution-based Employment & Support Allowance:"
Regards,
Take IX.
Scalloway,
Under "Income for Business Name"
The first question is 'Turnover - takings, fees, sales or money earned by your business? (Which I have answered).
The second question is 'Any other business income not already included above??
Many Thanks
Take IX
Scalloway,
I have answered 'Yes' to that question:
"Did you receive any UK pensions, annuities or state benefits, for example, state pension, occupational pension, retirement annuity, Incapacity Benefit?"
It is the Certificate of Pay and Taxable benefit for the 2014/14 year, that I should...
To All,
I am self employed as a sole trader and I am in the process of completing my tax return online and I am kind of stuck on a few questions.
I am still a current recipient of Income Based ESA (The DWP knows of my self employment) and I have got my Certificate of Pay and Taxable benefit...
To All,
I am wondering what are the best websites for spreadsheet downloading purposes of income & expenditure for sole traders?
Please provide hyperlinks in your responses.
Kind Regards,
TakeIX.
@Ideawise, Phillip Holye & MyAccountantOnline,
This is quite confusing as I am not charging any VAT on my present items before I make my first purchase from the wholesaler but however I am not entitled to include the VAT on these items because I am not VAT registered?
What I don't want to do...
I know this is a vague answer on the turnover side which I know will be around £5,000 or less in the first 12 months??
I will be selling items to potential customers from my eBay store as a retailer, which I am listing brand new goods on a fixed price format.
Regards,
Many Thanks for you response,
I am not 100% sure to whether I should register for VAT or not? As I am a sole-trader and this is where I am kind of stuck on.
Regards,
To All,
I am a newly self-employed individual and I have got an eBay Business account set up an I am in the process of making my first purchase from a wholesaler and apparently they are charging me VAT, as I am not charging any VAT on my present listings which I purchased as "joblots "on eBay...
To All,
I own a Leasehold property outright and in regards to this I am kind of concerned that conducting a business using eBay (Primarily selling DVD/Blu Ray Films) which I know that this is in breach of the Lease contract.
This is only going to be conducted online and I am not going to have...