Latest Q & A
Claiming mobile phone expenses
What's the standard policy for mobile phones expenses. Can you claim back anything from the tax man for business mobile phone usage?
Trade finance
What is trade finance?
Changing company names and VAT
I am VAT registered and wish to change the name of the company. Can I do so and keep the same VAT number?
No permanent residential address
I am running a photography business from my yacht in the Caribbean. I do not have a permanent residential address. How can I best take money from my internet customers?
Info on government grants
Where can I get information on government grants?
Dealing with a bad credit history
What can I do about a bad credit history, I need finance but I keep getting refused?
Cash flow tips
What are your top tips for improving cash flow?
VAT on parish council land
My parish council is exempt from VAT. We own the land on which a trust is building. If we bought it and claimed back the VAT, can we sell it on to them VAT free? Is this legal?
Buying a car through your business
If I bought my car for £7000 + VAT and use it 50/50 for business and personal use. How much can I claim back? I’m so confused.
Getting funding with no assets
If you’re a start-up company and you have no business assets, how can you secure funding. Will lenders take your personal assets as collateral? Is that a wise thing to do?
Finance for a van
I’ve just had my van stolen but luckily none of my tools were taken. I have some money, but it’s not enough to buy a new van, which is vital to my work. Is there anything I can do – loans or grants?
VAT on a supply of staff
My business is four months old we are about to register for VAT. I supply temporary care staff to residential care homes, many of them are under the impression that I do not need to charge them VAT, is this correct?
Funding a start-up from a limited company
How can I use surplus cash in my existing limited company to fund my new start-up business?
Banks and the SFLG scheme
Why are banks so reluctant to offer the Small Firms Loan Guarentee scheme and is it really under threat?
Tax returns for more than one business
I am currently in a partnership, which is VAT registered. I intend to start another unrelated self-employed business. How do I manage this? Two separate tax returns? What about NI? How does this all work? There must be a way I can combine all of this into one personal return.
