Recent content by Toon

  1. T

    Negotiating With Liquidator Over DLA

    So they just want to see the statement and they will decide how much we could reasonably pay back or would they want the proposal from me from the start?
  2. T

    Negotiating With Liquidator Over DLA

    Having to pay back to lowest amount possible and how to structure the repayments.
  3. T

    Negotiating With Liquidator Over DLA

    Does anyone have any experience on negotiating with a liquidator over an overdrawn DLA?
  4. T

    Early VAT Registration.

    Well that was good timing - very useful, thank you!
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    Early VAT Registration.

    Our prices are set by the manufacturers RRP so already include the 20% VAT so technically at the moment I guess we're making that extra 20% profit...?
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    Early VAT Registration.

    How could I calculate whether it's beneficial to register for VAT before reaching the threshold? In my first month of trading we've turned over £35k so it won't be long before we hit the threshold anyway. The reason I'm asking about doing it early is because both eBay and Amazon are funny...
  7. T

    Redundancy as Director

    Averaged around 15 I'd say.
  8. T

    Insurance for 3PL

    I've been in business for 20 years and always fulfilled my own orders. I'm looking to move to a 3PL and wondered who else here outsources their fulfilment and which insurance company you used? There seems to be a few more hoops I need to jump through compared to having my own warehouse.
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    Redundancy as Director

    Was your company involved in this or did you just report on it?
  10. T

    Redundancy as Director

    Got all of that apart from a physical contract!
  11. T

    Redundancy as Director

    I believe we both earned £10,400 a year.
  12. T

    Redundancy as Director

    Has anyone succesfully claimed redundancy after your own business has gone into liquidation? Both my wife and I have been refused redundancy under the basis we weren't employees. However, we were both on the payroll and hadn't taken any dividends in over 3 years.
  13. T

    what would you do if you had 20k lying around

    Buy a business.
  14. T

    Personal Insurance

    Hi. I've recently re-mortgaged and my IFA spoke to me about critical illness cover. My only source of income is from my business so it got me thinking if I should take our key person insurance. Is there a difference between the 2 and which would you recommend?
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    Ebay sales plummeted

    Yes, our sales on Amazon are the lowest they've been in quite a few years. Other platforms are roughly the same but eBay is about half from what we would expect it to be.
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