Changing the classification of a commercial property
How would I apply to change the classification of commercial property from warehousing and office to warehousing, office and training, and what implications may this have with regard the rateable value?
Starting a business while still employed
I am currently in employment but was thinking of setting up a small company on my own which, should it grow would then be something I may move into full time and leave my current employment. My question is, am I legally allowed to set up and manage a very small company and still be employed by a separate company?
Business plans
Do I really need a business plan, and if so, what for?
Changing a lease from commercial to part commercial, part residential
I am looking at a property that is advertised as a live work space but at the moment it’s a commercial lease. Is it possible to live and work in this property with the lease split into half live/half commercial tenancy?
Calculating business rates
How are business rates calculated?
Claiming for travel costs
As a sole trader providing consultancy services can I claim travel costs an allowable expense which I can offset against my profits at the end of the tax year for every time I visit a potential client, whether or not I get any business as a result of the meeting?
Capital allowances for computer equipment
I am considering purchasing a laptop computer which will help me be more effective doing my job whilst travelling. I already have a desktop computer for private home use, so the laptop would be largely for business use. Can I claim a capital allowance for my laptop, and if so, is this the full purchase price or some percentage of it?
Pursuing a claim through the small claims court
My business has a claim for breach of contract damages for around £6.5K against a supplier. Can I issue a claim for £5K which is deliberately LESS than my real damages in the hope that the claim is allocated to the small claims court and then I would not be liable for their costs if I lose?
Mixing residential and commercial mortgages
I want to set up a business at home but need to increase my mortgage to fund the necessary building work. Is a residential mortgage likely to be cheaper than a commercial mortgage? And is it possible to have both a residential mortgage and a commercial mortgage at the same time on the same property?
Setting up a UK Ltd company from outside the UK
I am based in Hong Kong and am interested in registering a new company in UK. Please provide information on how long it will take to form a company and what the likely costs would be.
Free health & safety training
Where can I find free food safety and hygiene training for my staff?
Needing a business address
We are starting a sole trader company and need a single business address (no mail forwarding etc) in Glasgow city centre to be published on our website. Could you provide us a quote for this service?
Invoice and VAT questions
As I am not VAT regsitered do I still need to provide a VAT calculation in my online shopping cart or VAT invoice to the customer?
How do I write a invoice? I am a self employed builder
Running a Ltd company
I am thinking of setting up a small company but am unsure to set up as sole trader or Ltd company - can you give me some advice? I know that I can set up a Ltd company quite easy but how costly is the management of running a Ltd company /accounts etc.
I am a sole trader in the construction industry but about to go Ltd as I need to protect myself from liabilities. All my customers currently deduct 20% tax from me under the CIS Construction Industry Scheme when they pay me any monies. If I go Ltd and pay myself a wage from the business do I need to deduct tax and NI? If I do I will be taxed on this money twice.
I have recently formed a limited company following advice I was given and am now concerned that I should have just set up as a sole trader. How do I start trading under the same name as a sole trader and keep the limited company dormant until my business has grown?
I was a sole trader now just become ltd. As the director of my ltd company I will be the only employee, my question is do I need to register as an employer if it is just myself I will be paying ?
If I form a Ltd company can I keep using my tools from my sole trader business or do I have to sell them to my Ltd company ?
I am in the process of setting up a business with one other person. I have done a bit of research but I was hoping to speak to someone regarding whether we should form as a Partnership or Plc? Either way we plan to spit ownership and decision making 50/50 so I am finding it difficult to work out what difference either option would make.
Using your home address as a business address
I'm starting up a company and have already registered it as a limited company. I have misgivings about continuing to use my home address as my company's registered address and would love some advice about using my home address and working from home.
I've recently started my own business. I actually don't use the property we live in as a studio and I don't have a dedicated room to work in. Would I still need to pay business rates instead of the current council rate for private accommodation? (I visit my clients instead of them visiting me)
I am a small limited company and my office is in a room within my home. Can I charge my company rent for the room, how much is reasonable and if so what are the implications of doing this?
Employee rest breaks
If an employee is contracted to work for six hours in the day, do I still have to give them a twenty minute break during this time?
Providing contact information on documents and communications
I am setting up as a sole trader and want to be completely clear on what information I am legally obliged to state on various documents / communications.
Ask us your question now
Changing the classification of a commercial property
How would I apply to change the classification of commercial property from warehousing and office to warehousing, office and training, and what implications may this have with regard the rateable value?
Starting a business while still employed
I am currently in employment but was thinking of setting up a small company on my own which, should it grow would then be something I may move into full time and leave my current employment. My question is, am I legally allowed to set up and manage a very small company and still be employed by a separate company?
Business plans
Do I really need a business plan, and if so, what for?
Changing a lease from commercial to part commercial, part residential
I am looking at a property that is advertised as a live work space but at the moment it’s a commercial lease. Is it possible to live and work in this property with the lease split into half live/half commercial tenancy?
Calculating business rates
How are business rates calculated?
Claiming for travel costs
As a sole trader providing consultancy services can I claim travel costs an allowable expense which I can offset against my profits at the end of the tax year for every time I visit a potential client, whether or not I get any business as a result of the meeting?
Capital allowances for computer equipment
I am considering purchasing a laptop computer which will help me be more effective doing my job whilst travelling. I already have a desktop computer for private home use, so the laptop would be largely for business use. Can I claim a capital allowance for my laptop, and if so, is this the full purchase price or some percentage of it?
Pursuing a claim through the small claims court
My business has a claim for breach of contract damages for around £6.5K against a supplier. Can I issue a claim for £5K which is deliberately LESS than my real damages in the hope that the claim is allocated to the small claims court and then I would not be liable for their costs if I lose?
Mixing residential and commercial mortgages
I want to set up a business at home but need to increase my mortgage to fund the necessary building work. Is a residential mortgage likely to be cheaper than a commercial mortgage? And is it possible to have both a residential mortgage and a commercial mortgage at the same time on the same property?
Setting up a UK Ltd company from outside the UK
I am based in Hong Kong and am interested in registering a new company in UK. Please provide information on how long it will take to form a company and what the likely costs would be.
Free health & safety training
Where can I find free food safety and hygiene training for my staff?
Needing a business address
We are starting a sole trader company and need a single business address (no mail forwarding etc) in Glasgow city centre to be published on our website. Could you provide us a quote for this service?
Invoice and VAT questions
As I am not VAT regsitered do I still need to provide a VAT calculation in my online shopping cart or VAT invoice to the customer?
How do I write a invoice? I am a self employed builder
Running a Ltd company
I am thinking of setting up a small company but am unsure to set up as sole trader or Ltd company - can you give me some advice? I know that I can set up a Ltd company quite easy but how costly is the management of running a Ltd company /accounts etc.
I am a sole trader in the construction industry but about to go Ltd as I need to protect myself from liabilities. All my customers currently deduct 20% tax from me under the CIS Construction Industry Scheme when they pay me any monies. If I go Ltd and pay myself a wage from the business do I need to deduct tax and NI? If I do I will be taxed on this money twice.
I have recently formed a limited company following advice I was given and am now concerned that I should have just set up as a sole trader. How do I start trading under the same name as a sole trader and keep the limited company dormant until my business has grown?
I was a sole trader now just become ltd. As the director of my ltd company I will be the only employee, my question is do I need to register as an employer if it is just myself I will be paying ?
If I form a Ltd company can I keep using my tools from my sole trader business or do I have to sell them to my Ltd company ?
I am in the process of setting up a business with one other person. I have done a bit of research but I was hoping to speak to someone regarding whether we should form as a Partnership or Plc? Either way we plan to spit ownership and decision making 50/50 so I am finding it difficult to work out what difference either option would make.
Using your home address as a business address
I'm starting up a company and have already registered it as a limited company. I have misgivings about continuing to use my home address as my company's registered address and would love some advice about using my home address and working from home.
I've recently started my own business. I actually don't use the property we live in as a studio and I don't have a dedicated room to work in. Would I still need to pay business rates instead of the current council rate for private accommodation? (I visit my clients instead of them visiting me)
I am a small limited company and my office is in a room within my home. Can I charge my company rent for the room, how much is reasonable and if so what are the implications of doing this?
Employee rest breaks
If an employee is contracted to work for six hours in the day, do I still have to give them a twenty minute break during this time?
Providing contact information on documents and communications
I am setting up as a sole trader and want to be completely clear on what information I am legally obliged to state on various documents / communications.
Ask us your question now