Recent content by VikG

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    Buying shares in a private limited company

    Ok great. And I just send a stock transfer form to hmrc with any stamp duty within 30 days?
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    Buying shares in a private limited company

    We are putting £15k into the company for new shares.
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    Buying shares in a private limited company

    Hi I am buying shares in a company which already has £75,000 share capital of £1.00 each. I am putting in £15,000 and in return getting 30% of the company. Firstly is it just the SH01 I need to fill in or do I first need to increase the company share capital to £90,000 using form G123...
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    Entertainment expenses

    Thanks for that. Just to confirm, accommodation counts as travel for the purpose of a meeting?
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    Entertainment expenses

    For our business we take our suppliers out for dinner. We our out regularly with them. I understand this is dis allowable for tax calculation but is it a benefit in kind for myself as director or just a disallowable expense that the company can pay for? Also if there is alcohol on the bill...
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    Show accounts with or without VAT

    OK thanks. Just to clarify I am not paying any VAT on my first year goods. So all input and output vat has not been deducted from sales. The only input VAT I am recovering is the stock value at the date of VAT registration on 1st December 2011. Year end is 30th November 2011.
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    Show accounts with or without VAT

    So on the basis in year 2 I will eventually get my VAT back I should declare my stock at valuation as net in year 1?
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    Show accounts with or without VAT

    All VAT has been paid so where would I account for the VAT? At the date of year end HMRC did not owe me any VAT as I was not VAT registered.
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    Show accounts with or without VAT

    Even though I am not vat registered for the whole period of accounts?
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    Show accounts with or without VAT

    In my first year I was not vat registered. I registered for VAT on my 1st day of year 2. So on my accounts do I put my stock at valuation including vat or excluding?
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    B2B Contract but no real company name on it

    Any advice available? Or anyone know where I might be able to get a cost effective opinion.
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    Royal Mail Options

    Recorded delivery is useless in my opinion. Only 60-70% of our recorded delivery get picked up as signed. Otherwise the postman just puts through the letter box without a signature. If you have a lot of high value you could go for Tracked.
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    B2B Contract but no real company name on it

    I have a business contract signed by my sister (partner in business) which we are disputing as the service has not been delivered. In short we were promised exclusivity on an advert and are not put with competitors. We have no proof as it was verbally promised. Our competitors were also shocked...
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    Companies House fine and company has no money

    Thank you or the replies. I will look into the route of voluntary striking off. If I employ someone to do this for me what kind of fees would I be looking at? Including advising on best method.
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    Companies House fine and company has no money

    I have a company that has lost around £10,000 in the last 2 years. I thought company accounts had been filed but it appears not. Accountant did them and we signed them off but they did not get filed due to a date discrepancy. Accountant says they told us this but there seems to be some confusion...