Re: [ubuntu-uk] New business

2011-05-28 Thread Bruno Girin
On Fri, 2011-05-27 at 07:47 +0100, Sean Miller wrote:
 If you don't consider you are going to have a huge turnover then
 merely register as a Sole Trader.
 
 You will have to pay additional National Insurance Contributions on a
 quarterly basis (I think it's about £10/month) and will have to
 complete an additional page on your Self Assessment Tax Return stating
 turnover, costs, profit etc., but apart from that you really don't
 have to do much at all.

In addition to this I would say there are two essential things:
  * Create a simple invoice template, make sure it's very easy for
you to invoice customers efficiently and that it's easy for them
to pay you: most people will pay you when you ask so make sure
you do so;
  * Get a good accountant, it will cost you a few hundred quid a
year for the basic stuff you need to do for a small company or
sole trader but it's definitely worth it.

Bruno



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Re: [ubuntu-uk] New business

2011-05-28 Thread alan c

On 28/05/11 15:51, Bruno Girin wrote:

On Fri, 2011-05-27 at 07:47 +0100, Sean Miller wrote:

 If you don't consider you are going to have a huge turnover then
 merely register as a Sole Trader.

 You will have to pay additional National Insurance Contributions on a
 quarterly basis (I think it's about £10/month) and will have to
 complete an additional page on your Self Assessment Tax Return stating
 turnover, costs, profit etc., but apart from that you really don't
 have to do much at all.


In addition to this I would say there are two essential things:
   * Create a simple invoice template, make sure it's very easy for
 you to invoice customers efficiently and that it's easy for them
 to pay you: most people will pay you when you ask so make sure
 you do so;
   * Get a good accountant, it will cost you a few hundred quid a
 year for the basic stuff you need to do for a small company or
 sole trader but it's definitely worth it.
Bruno


And if it is not already obvious, the way to get an accountant is by 
recommendation from someone you trust. Not by picking from a list.

--
alan cocks
Ubuntu user

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[ubuntu-uk] New Business

2011-05-28 Thread john beddard
I'm in a similar position. Sole Trader is good for keeping down paperwork. 
However in terms of business appearance many start-ups are looking at Limited 
Liability Partnership (LLP). Largely because it actually looks more official to 
potential customers, without adding too much in terms of paperwork. 

For a straightforward explanation try www.start.biz

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Re: [ubuntu-uk] New business

2011-05-27 Thread Sean Miller
If you don't consider you are going to have a huge turnover then merely
register as a Sole Trader.

You will have to pay additional National Insurance Contributions on a
quarterly basis (I think it's about £10/month) and will have to complete an
additional page on your Self Assessment Tax Return stating turnover, costs,
profit etc., but apart from that you really don't have to do much at all.

Sean
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Re: [ubuntu-uk] new business

2011-05-27 Thread Dave Hanson

On 27/05/11 13:00, ubuntu-uk-requ...@lists.ubuntu.com wrote:

Message: 6
Date: Fri, 27 May 2011 07:47:04 +0100
From: Sean Millers...@seanmiller.net
To: UK Ubuntu Talkubuntu-uk@lists.ubuntu.com
Subject: Re: [ubuntu-uk] New business
Message-ID:BANLkTi=2febwsgg3bjeqqcocho8wjdg...@mail.gmail.com
Content-Type: text/plain; charset=utf-8

If you don't consider you are going to have a huge turnover then merely
register as a Sole Trader.

You will have to pay additional National Insurance Contributions on a
quarterly basis (I think it's about ?10/month) and will have to complete an
additional page on your Self Assessment Tax Return stating turnover, costs,
profit etc., but apart from that you really don't have to do much at all.

Sean

Sean, Graham,

Thankyou - Very sound advice, I may just call the inland revenue, It 
will avoid any problems.


Thanks Again

Dave

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[ubuntu-uk] New business

2011-05-26 Thread Dave Hanson

Hello Everyone,

Those of you who follow this list closely may remember I posted asking 
for advice on how to deal with customers data for my data recovery start up.


I'm now up and running (well I've had some quotation requests) - I have 
a concern about getting locked up for not paying taxes or something else 
I've overlooked when I do eventually get that 'call'.


Could anyone advise on what legally I need in place to start doing data 
recovery from home via a website taking the requests please?


As before when I posted previously, I know this is off topic and I 
apologise, although the backbone of my set up is Ubuntu based, all the 
work is going to carried out on my Kubuntu laptop, and my site is served 
from Ubuntu server.


Hopefully someone can point me in the right direction before I end up 
being force fed porridge!


Dave

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Re: [ubuntu-uk] New business

2011-05-26 Thread Graham Smith
Dave,

There is a lot of advice around for starting a business, just google, but
the Inland Revenue web page is a fair start

http://www.hmrc.gov.uk/businesses/tmastarting-up-in-business.shtml

http://www.hmrc.gov.uk/businesses/tmastarting-up-in-business.shtmlWhen I
started up 7 years, the inland revenue were very helpful , when I phoned
them up a few things I didn't understand

Graham
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