Recent content by titanium

  1. titanium

    Should I pay voluntary NI contributions?

    Thanks!
  2. titanium

    Should I pay voluntary NI contributions?

    I might be confused here, but I understood that I could pay class 2 if living abroad, paying for the current year. Whereas I am talking about paying for past years. I'm eligible to pay back from 2006 apparently (still £689). "Do I want to pay?" is the purpose of this thread, since the answer is...
  3. titanium

    Should I pay voluntary NI contributions?

    Yeah I can see a forecast, but there doesn't seem to be any tool for calculating what it's worth paying back. They sent me a letter saying I should think carefully before paying back, but finding it hard to find info to help me make that decision! Dave Archer - I kind of think you are right, but...
  4. titanium

    Should I pay voluntary NI contributions?

    And another question - there are 9 years on my form which are eligible for voluntary payment, at different rates. If I pay more, (i.e. choose a later year) does that increase my pension?
  5. titanium

    Should I pay voluntary NI contributions?

    I've lived abroad for quite a few years, recently returned to the UK, and at the age of 43 have only 9 years NI contributions. I'm trying to work out if it's worth me paying voluntary contributions for the last 6 years. To my understanding, I need 35 years to get a full pension, and I have 24...
  6. titanium

    How to account for self-employed earnings (gnucash)

    Hmm ok. I found Gnucash from a UKBusiness forums thread where it was recommended. When I set it up, I chose "business" accounts - it doesn't differentiate between company and sole-trader, as far as I can see. It does have UK specific options e.g. UK VAT accounts, so is it really not going to be...
  7. titanium

    How to account for self-employed earnings (gnucash)

    I'm trying to get to grips with gnucash (having only previously used Excel to keep a note of transactions & no accounting background). I am self-employed (sole trader) and need to record money which I pay to myself, although I don't think this is classed as a salary, is it? Do I use the item...
  8. titanium

    Anyone got a phone number/good link for HMRC nova?

    Thanks - finally got through. For the benefit of anyone who might have the same problem, the NOVA registration doesn't work if you register as an individual and you have to register again as an organisation (even if you aren't one).
  9. titanium

    Anyone got a phone number/good link for HMRC nova?

    We have just brought back into the UK a car which previously was registered outside of the UK (in EU) but was originally registered in the UK. I called the DVLA and they say it's classed as a re-import and the first step is to re-register it with HMRC NOVA. The problem is when I got to the web...
  10. titanium

    Paying tax on a foreign dividend

    ugh - going cross-eyed reading that, but thanks for the info! Not sure I am any the wiser, except knowing i have to declare.
  11. titanium

    Paying tax on a foreign dividend

    I have a company in Bulgaria which will be wound up shortly as we are moving back to the UK. My accountants have said that the company will cease trading and become dormant but we can't close it until everything has been reconciled at the end of the tax year - looking at March 2017. At this...
  12. titanium

    Infuriating Facebook

    This! Gets me every time. FB considers I have text when I have a photo of a musical score with words like "allegro" and "crescendo" written on it in teeny script.
  13. titanium

    Moving an online business to the UK

    Thanks everyone for being so helpful. A new twist in events is that the other half has landed an excellent new job which includes considerable assistance with relocation, so I will be able to nip back earlier than expected and get the bank account applied for!
  14. titanium

    Moving an online business to the UK

    I thought a business paypal account had to be tied to a business bank account?
  15. titanium

    Moving an online business to the UK

    I think I have proof of UK address, as I will initially be living back at my parents and I already have some things that get sent there (personal bank account, for example). Depends how many things they ask for. I will be able to keep things going in BG I guess.
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