business
Can I register my company in Isle of Man?
An Isle of Man company must have a registered office on the Isle of Man and anyone providing a registered office by way of business should be regulated by...
Category: Business
business
Can a sole trader cease trading?
Stopping self-employment If you are self-employed (a sole trader), the process is quite straightforward. You simply stop trading and tell your clients and...
business
How do I fix previous reconciliation discrepancies in QuickBooks?
Run a Reconciliation Discrepancy report Go to the Reports menu. Hover over Banking and select Reconciliation Discrepancy. Select the account you’re reconc...
business
Can I invoice in euros?
You can invoice in any currency for the goods and services that you supply. If UK VAT is due on the transaction your invoices must also show the following...
business
Why would HM Revenue send me a letter?
Claiming repayment for Self Assessment You may receive a letter from HMRC asking you to contact us about your repayment claim. We may ask you to provide e...
business
Do I charge VAT on EU sold items?
If you sell goods to a business and these goods are sent to another EU country, you do not charge VAT if the customer has a valid EU VAT number. You may s...
business
How long can a company trade at a loss?
Summary of the key features of the various loss relief claims Accounting basis Special Circumstance Time limit Cash basis Your business ceases to trade an...
business
How much can you earn before informing HMRC?
The Government’s new Trading Allowance came into effect for the 2016/17 tax year. It means that sole traders with an income of up to than £1000 no longer ...
business
Can I get a copy of my tax credits award letter?
Claimants can use bank statements, showing child benefit payments or tax credit award notices. Claimants can request a child benefit entitlement letter fr...
business
How many times can you apply for a Working Holiday Visa in Australia?
The Working Holiday Visa subclass 417 is also the type of Working Holiday Visa that can be held twice. The first time you apply you must be outside of Aus...
business
Can I backdate SIPP contributions?
SIPP backdated contributions This option allows you to make a one-time SIPP deposit of more than £40,000, if you paid less than your annual SIPP allowance...
business
Who qualifies for free disabled car tax?
You can apply for exemption from paying vehicle tax if you get the: higher rate mobility component of Disability Living Allowance ( DLA ) enhanced rate mo...
business
How long does it take to show tax?
The answer is usually somewhere between 5 days and 8 weeks, depending on a number of factors including the system involved (for example by PAYE or Self As...
