Recent content by vikki1975

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    Advice needed about insurance dilemma

    Hi, I have had a phone call from my insurance broker asking me to clarify if my direct debits have been leaving my account to my insurer (Aviva). They have had a call from aviva saying that they have just done a company audit and it has come about that no payments have been received from me...
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    Van finance for Ltd Company

    Thanks for a bit of reasurance !
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    Van finance for Ltd Company

    Is there anybody who can help me on this one ?
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    Van finance for Ltd Company

    I have been to look at new vans and have found a deal im happy with. Im really confused by what the garage is telling me regarding the finance though. Im Ltd company and so does the finance get taken out in my personal name or the companies (I am sole director) The dealers have put the finance...
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    Refund of payments on account

    Thanks Elaine, I have had a meeting with my accountant this morning as my Ltd company accounts are near enough complete. We have discussed how the company will pay the tax that will be due in December?? and he has said I will now no longer have any personal tax due on my self assesment but I...
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    Refund of payments on account

    Hi, Just looking for some advice regarding the payments on account I have just made and on 31st Jan 2011. I went LTD company on 1st August 2010, my sole trader accounts ran from 31st march-31st march. My accountant therefore made up my accounts on the 2009-2010 to include the 4 extra months as...
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    Help needed with selling my buisness

    And no I never sold the business to Ltd company. No money was ever exchanged and i was never told that by going Ltd I was giving my sole rights to the business over to the company.
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    Help needed with selling my buisness

    Thats how I would like it to be but accountants trying to say Ltd Co owns the business. My Point is exactly the one you mentioned and that legally I personally own the property as I have deeds in my name and not the Ltd Companies. My solicitor has said that I defo own the property side regardless.
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    Help needed with selling my buisness

    He hasnt allowed anything for the purchase of the business by the ltd Company. He has assured me that as the 1st years accounts have not being made up this can be ammended and it put as some form of Directors loan ?? If that is the case and it was a mistake on his behalf not to have allowed for...
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    Help needed with selling my buisness

    Thanks to all, Im still as confused as ever and am now just so peeved off I ever went Ltd in the first place as it feels like a rope around my neck and its getting tighter !! Why wasnt I advised off the downsides to being Ltd when I incorporated and told what a hastle it would be when I sell...
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    Help needed with selling my buisness

    Thanks, This whole thing is going to consume me till I resolve it. I need the sale to go through for the sake of my sanity and need the money from the sale straight away to save my home and family finances.
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    Bank charges

    I have a convenience store and all cash turnover aswell, I just keep moving to the next free banking deal with which ever bank is offering one. Unless you are wanting to build up a relationship with a bank for finance or such like its the cheapest way to go. I bank £14k cash per week and...
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    Help needed with selling my buisness

    Thanks Elaine, a second opinion is defo needed and if that means moving accountants to one that is going to help me sell to my advantage and gain and get me the money back to me where it belongs it might be worth the hassle involved in moving just to finalise the sale and accounting. The Ltd...
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    Help needed with selling my buisness

    Hi, Im looking for some advice regarding the sale of my business. My accountant is confusing and fustrating me with his advice and would like to see if you think what he is saying is the right way to go. I purchased my shop in 2007 for £65,000 to include 125 year lease, goodwill fixtures ect...
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    Corner shop advice

    Hi, I have a convienience store which I bought 4 years ago. My advice to anyone considering it is, think long and hard about the commitment involved, shops like these are a way of life !! When i first bought mine I was working 15 hours a day, 7 days a week. Opening at 7am and closing at 10pm...
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