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In normal circumstances I agree but the whole reason I got a accountant in the first place was to help me understand these things. I am not an accountant I do not understand how to apply for matternity pay or what the processes are, it is his job. When I was working I always paid him and any tax...
Ok, what does my accountant do to sort this out please? My business has no money I'm not trading so there is £0 in there. Can I due my accountant for this?
Hi,
My business isn't trading and hasn't for a long time I'm now a full time carer for my disabled son. The only money I've had is my maternity pay. My accountant deals with all that I simply don't understand any of it. My business is due to officially be closed this year (I'm not trading I...
Hi,
So I've been asked if I would set up a parent and baby group in my village. I like the idea of this but I'm not sure what it would come under I'm not interested in running it as a business as I just can't deal with the stress of it. So what would this come under? No idea where to start!
Hi,
I like making things and am considering putting some items up on Etsy for sale. Only really as a hobby I suffer with anxiety and depression and as much as I'd love to give selling a go I do worry about the stress of running a business and tax returns I also have a learning disability do I...
Hi, thank you. I'm starting a small ironing business. I'm not sure whether I should start as a sole trader or ltd. The thing that worries me about sole trader is the payment on account situation I wouldn't want to be caught out by a big bill! Having said that with a ironing business I probably...
Thanks everyone. My plan is to put aside 30% of every sale I make would this cover my tax and nic I need to pay? I have a outstanding student loan which hasn't been paid back yet does anyone know what percent I need to put aside just in case? I like to plan ahead as my dad many years ago got...
Hi,
I'm thinking of starting a small business from home since I have a health condition I wouldn't be able to work full time at it so just looking at doing it part time and unlikely to be earning over the threshold for tax or nic. Having said that I like to be prepared so what it the general...
Hi,
I have a ltd business banking account with TSB and I received a letter saying that they will be closing my account next month no explanation offered. I phoned up as I can't understand why they would do this and again they can't give me a explanation! I was going to close my business down...