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Related UK Tax Questions
My friend would like to change from sole trading to Ltd, is
HelloMy friend would like to change from sole trading to Ltd, is there any way how to do this in the tax most optimal way (selling sole trading to Ltd) ...? Thank you… read more
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Please, can you advise me on selling Sole trading business
HelloPlease, can you advise me on selling Sole trading business to Ltd , now I need to know :1) how to do with Fixed asset - what CR and DR transactions will look like (if for example Sole trader sell… read more
bigduckontax
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A friend would like to import goods (pottery and food) from
Hello A friend would like to import goods (pottery and food) from abroad and sell it in UK. She also would like to prepare a meal from this imported food and sell it here in UK. The question is: what … read more
Sam
Sam
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I run a restaurant at an indoor bowls centre with sales below
I run a restaurant at an indoor bowls centre with sales below the VAT threshold. My partner has been offered the bar franchise also with sales below the VAT threshold. Could we run these two businesse… read more
taxadvisor.uk
taxadvisor.uk
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I have a small uk based business which is vat registered, the
I have a small uk based business which is vat registered, the only reason for this is because I invoice Italy and Germany , they insist I need to be vat registered for them to pay my invoice? Is this … read more
Tony Tax
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Someone has 2 businesses as a florist they are both limited
Someone has 2 businesses as a florist they are both limited companies and he is sole shareholder and director ,they are both registerd for VAT. He is now thinking of starting a Company in a completely… read more
taxadvisor.uk
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Having retired I run a part-time business as a sole trader
Having retired I run a part-time business as a sole trader making a steady but small profit. I have recently formed, with my daughter, a limited company in order for her to take over the management of… read more
TaxVince
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I am an online seller and to avoid reaching the vat threshold
I am an online seller and to avoid reaching the vat threshold of 77k turnover - is it possible to close my current limited company and move my business to a sole tradership to keep the limited company… read more
TaxVince
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Hello, What taxes I would have to pay if I set up a weekend
Hello, What taxes I would have to pay if I set up a weekend eraly years children play groupor weekend classes in a rented premises? Thank you!… read more
TaxVince
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Hello As a company limited in the UK - to avoid paying UK
Hello As a company limited in the UK - to avoid paying UK tax legally - I transfer all of the profits to the US via PayPal USA business account where the US company name is XXXXX XXXXX PayPal and then… read more
mark25551
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Hello, Is the tax rate the same for both Trading as
Hello, Is the tax rate the same for both Trading as a sole trader and Company Ltd e.g 20% [I think] to be taken out of profits made by a registered company and is that the same for a T/A?… read more
Tony Tax
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Hello Between 2002 and 2007 I ran my business as a sole
Hello Between 2002 and 2007 I ran my business as a sole trader in 2007 for various reasons I decided to set up a Ltd company One of the reasons was I wanted to give a key employee a share of the busin… read more
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I currently have a domestic cleaning business and am a sole
I currently have a domestic cleaning business and am a sole trader. i am not vat registered. I hope to not need to start charging vat to my domestic customers. I am thinking about starting up a sepera… read more
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Hello, I hope someone can put my mind to rest. 1. I am
Hello, I hope someone can put my mind to rest. 1. I am in the middle of submitting the SA for a self employed builder. He puchased a van and tools in 2009/2010 which I did not claim on SA for 09/10 ,b… read more
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Hi, is vat payable on the purchase of a commercial property? i
Hi, is vat payable on the purchase of a commercial property? i run a restaurant and the virtual freehold is up for sale. The whole building (6 units) was sold at auction and vat was added. the new lan… read more
taxadvisor.uk
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I intend on selling products through an American vendor. The
I intend on selling products through an American vendor. The product will be created in the UK, but will be sold worldwide by an American company. Who will I pay tax to and what percentage can I expec… read more
taxadvisor.uk
taxadvisor.uk
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If I cease trading a Ltd, can I restart as sole trader without
If I cease trading a Ltd, can I restart as sole trader without vat reg and buy assets off Ltd company? Also, can I keep my t/a name?… read more
mark25551
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Hello I work on JA and have been doing this full time for
Hello I work on JA and have been doing this full time for a few months now, I need to know the score tax wise , should i regester as a sole trader , and can i claim for my office in my house computers… read more
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