How Business Taxes Work In UK?
9:03
Пікірлер
@kudosiyke8876
@kudosiyke8876 2 күн бұрын
Hi, Please where is your office at? I want to start a business but I do not know if I shld apply for grant before starting. This would be my first business I need a very knowledgeable accountant like you to put me through
@thestartupwallet
@thestartupwallet 4 күн бұрын
REGISTERING AN LLP COMPANY in UK | Limited Liability Partnership kzbin.info/www/bejne/jaO4h555gJ2bkKM What To Do AFTER Registering A UK Limited Company kzbin.info/www/bejne/jGOtial-l7d-qtk
@bartellconstantin6747
@bartellconstantin6747 5 күн бұрын
its like the video just ended when you were still speaking
@kudosiyke8876
@kudosiyke8876 6 күн бұрын
I want to start up a business and i would need your advice
@alih8463
@alih8463 6 күн бұрын
Hi, I just wanted to ask if I wanted to do eBay reselling & freelancing from home, would I need to register them separately on the HMRC website or just register myself as a sole trader? This is what's been putting me off being self employed or trying side hustles as no one seems to know & they keep saying see an accountant. I would really appreciate any info/details. Thanks
@mrbunnybillionair
@mrbunnybillionair 9 күн бұрын
how to add resolution date, I am the only owner/ceo/director of the company, I searched alot ut didn't found anything on this
@thestartupwallet
@thestartupwallet 12 күн бұрын
Business Structure To Secure Grant Funding: kzbin.info/www/bejne/hX6VmX2nbdmJeqc
@cartoonmahalmedia
@cartoonmahalmedia 13 күн бұрын
LOVE FROM INDIA :-) thanks for the information mam u are doing amazing job
@thestartupwallet
@thestartupwallet 13 күн бұрын
Thanks for the feedback
@pepo2235
@pepo2235 15 күн бұрын
A very nicely put and useful video, thank you.
@SatKhan-fk3ye
@SatKhan-fk3ye 15 күн бұрын
How will i be able to get a grant of 30k
@ukmrpr
@ukmrpr 18 күн бұрын
very helpful thanks a lot!
@thestartupwallet
@thestartupwallet 18 күн бұрын
You’re welcome
@JN003
@JN003 18 күн бұрын
the link is not in the description box!
@thestartupwallet
@thestartupwallet 18 күн бұрын
@@JN003 thanks for the feedback.
@zakiaali5008
@zakiaali5008 21 күн бұрын
So glad i found you Tess. 😅 Was getting stressed starting my business.
@thestartupwallet
@thestartupwallet 21 күн бұрын
@@zakiaali5008 glad you found it helpful
@bestymusic4845
@bestymusic4845 24 күн бұрын
Greetings and good evening. I hope all is fine with you. We are a UK-based company that serves the community in Stockport. We offer affordable counselling and psychotherapy, and we're currently trying unsuccessfully to secure funds for our next initiative. We are grateful to be able to bring about change and think that this project will greatly benefit the community. Could you help this ? Thank You
@safeeralatfal
@safeeralatfal 25 күн бұрын
Will it require the verfication code from me to change my company address online? And If I change it how to require the verification code again to the new address because I didn't recieved it at the old address?
@thestartupwallet
@thestartupwallet 25 күн бұрын
Depends on how your account was set up during registration.
@safeeralatfal
@safeeralatfal 25 күн бұрын
@@thestartupwallet my company accepted and everything is right but I need to change address because the owner of the old address is a scammer and he didn't give me the auth code
@presbiteroeliasquintanilha3219
@presbiteroeliasquintanilha3219 25 күн бұрын
I have turnover £90 thousand last year October 2023 but I have registered VAT only yesterday when I found out with my accountant. I’m a limited company. I know I will probably pay a huge penalty fine. Can I still claim back VAT from my clients? I haven’t received VAT registration number yet
@thestartupwallet
@thestartupwallet 25 күн бұрын
It depends but I would highly suggest you seek professional advice regarding your situation.
@ChristianPaine-j5v
@ChristianPaine-j5v 29 күн бұрын
Really good video.
@thestartupwallet
@thestartupwallet 29 күн бұрын
Thanks!
@JDH1L
@JDH1L Ай бұрын
Thank you, very useful. Everything regarding business is very daunting, you made it very easy
@thestartupwallet
@thestartupwallet Ай бұрын
Glad it was helpful!
@nikitamaurya4518
@nikitamaurya4518 Ай бұрын
How can I work as a freelance writer as a non-resident in the UK? Is it possible?
@xChikyx
@xChikyx Ай бұрын
does the PAYE apply to me if I don't live in UK but my company is there?
@xChikyx
@xChikyx Ай бұрын
Hi, if i register a company, do I have to do a separate process to register for taxes? or they go together?
@thestartupwallet
@thestartupwallet Ай бұрын
@@xChikyx there isn’t a process explicitly for registering for your company taxes, provided you have your tax reference numbers either you or your Accountant should be able to file your tax returns when due.
@SHAHIDANAWAR-B89
@SHAHIDANAWAR-B89 Ай бұрын
Thank you for teaching us. I have ltd and it's dissolved. I want to activate same LTD with different addresses. What I should do
@MR_Money_Bags
@MR_Money_Bags Ай бұрын
thanks
@Sleepyfox7
@Sleepyfox7 Ай бұрын
What happens when you have a balance in the account but need a medical break?
@doreenlewars5295
@doreenlewars5295 Ай бұрын
Extremely helpful!! I called Companies House and the man l was spoke to was impatient and condescending. He gave me around 4 minutes of instructions which didn’t even lead to me getting the name change sorted. I then did a search and clicked on your video. You made it simple and straightforward and easy to understand. It was like he was deliberately trying to make a simple issue difficult. God continue to bless you. Thank you 🙏🏾
@thestartupwallet
@thestartupwallet Ай бұрын
You’re welcome! Glad you found it helpful
@jay4baba
@jay4baba Ай бұрын
I think you need to adjust the settings on your camera to fucos on you and not the background. It's slightly off. I have a full time job and also freelance on sites like Upwork, I have made over 1k on my freelance side hustle, do you have any package that is suitable to help me sort out registration, taxes and other accounting pieces?
@thestartupwallet
@thestartupwallet Ай бұрын
Thanks for the feedback. There is no package that combines all that. If you wish to register a uk company, you can find the link in the description or via our website. Taxes and accounting are offered separately. If interested,kindly send us an email for more information.
@SHAHIDANAWAR-B89
@SHAHIDANAWAR-B89 Ай бұрын
Thank you so much ❤
@thestartupwallet
@thestartupwallet Ай бұрын
Glad you found it helpful
@syedaliahmedabidi4268
@syedaliahmedabidi4268 Ай бұрын
My application reject due to some reason is there my amount refundable or not?
@thestartupwallet
@thestartupwallet Ай бұрын
You have to contact the agent you used regarding that
@syedaliahmedabidi4268
@syedaliahmedabidi4268 Ай бұрын
@@thestartupwallet i’ve received email which is include your amount refund after 24 hours it takes upto 4 days. I was rejected on yesterday and. Now i’m waiting
@queennugget3154
@queennugget3154 Ай бұрын
thank you!
@halgankasonna636
@halgankasonna636 Ай бұрын
What happens to the existing assets like a property that only belong to my dad for example. If he includes in the company, do I own part of the property?
@thestartupwallet
@thestartupwallet Ай бұрын
🎥WATCH NEXT: The Truth About UK Self Employment. No One Talks About kzbin.info/www/bejne/oaXGlIiIpNKfq8U Step-by-Step Guide To SELF EMPLOYMENT REGISTRATION In The UK kzbin.info/www/bejne/iJXUf2Suatlkqrs
@Soso13
@Soso13 Ай бұрын
Hello, do you have video to open a business bank account with an LTD for non-residents ? Thanks
@thestartupwallet
@thestartupwallet Ай бұрын
No we offer this as a service.
@TristanM1606
@TristanM1606 Ай бұрын
Hello T your videos are amazing and interesting. Will you be able to help me to register 1 to 2 different activities under 1 trading name/Ltd company?
@thestartupwallet
@thestartupwallet Ай бұрын
Thanks for the feedback. Yes we can do that. All our uk company registration packages are listed here: www.thestartupwallet.com/product-category/uk-company-formation/
@TristanM1606
@TristanM1606 Ай бұрын
❤​@@thestartupwallet
@TristanM1606
@TristanM1606 Ай бұрын
​@@thestartupwalletI have already got a registered Ltd company all I need it's to add 2 to 3 different activities.
@user-ke2tu4kc3o
@user-ke2tu4kc3o 24 күн бұрын
​@@thestartupwallet hi I am ceo of company does like opinions
@chrisder1814
@chrisder1814 Ай бұрын
hello I created an LTD because I wanted to sell on Amazon England but I never made any turnover and I don't understand why I receive a letter every two months to my French postal address from the English government and now I received a letter asking me for money but I don't understand why since I have never made a sale with this company is it possible to change my bank card number and also my postal address?
@the_runwaysa
@the_runwaysa Ай бұрын
so my application got rejected 3 days ago because of the address that i used , its a london address can you assist ?
@thestartupwallet
@thestartupwallet Ай бұрын
Your application for VAT? Or Company Registration?
@the_runwaysa
@the_runwaysa Ай бұрын
@@thestartupwallet company registration Ltd company to be specific
@thestartupwallet
@thestartupwallet Ай бұрын
@@the_runwaysa I see. Did you purchase from our site? If so, pls do contact us and we can assist with any issues
@the_runwaysa
@the_runwaysa Ай бұрын
@@thestartupwallet no I haven’t purchased anything from your site I used an home address in u.k then they rejected the application
@thestartupwallet
@thestartupwallet 2 ай бұрын
What other videos would you like to see? Leave a comment👇🏼
@nadygunner6958
@nadygunner6958 2 ай бұрын
How can we change the country of residence?
@yeshua9323
@yeshua9323 2 ай бұрын
Thank you so much for making this video. 🙂
@thestartupwallet
@thestartupwallet 2 ай бұрын
Glad you found it helpful.
@oksanaokasa3072
@oksanaokasa3072 2 ай бұрын
Hi. Could you please clarify, if I want to register as a self employed. Do I need to print and fill that form out and send it and then next step register online as well for UTR number? For what we need to send that form? The question is Do I need to do these 2 steps? Or the form can be filled in online on my HMRS account? Thank you for your help.
@EntrepreneurshipFromHome
@EntrepreneurshipFromHome 2 ай бұрын
I applied for company registartion and my application got rejected by message: "We are unable to accept the residential address for MR XYZ we require your usual residential address and not a business address.". I give virtual address of my company which I purchased from iconoffices. Can you please tell me what I need to do?
@EntrepreneurshipFromHome
@EntrepreneurshipFromHome 2 ай бұрын
I applied for company registartion and my application got rejected by message: "We are unable to accept the residential address for MR XYZ we require your usual residential address and not a business address.". I give virtual address of my company which I purchased from iconoffices. Can you please tell me what I need to do?
@the_runwaysa
@the_runwaysa Ай бұрын
i got the same email, did you get any assistance ?
@Krissy_K888
@Krissy_K888 2 ай бұрын
So I can't register if I haven't earned any money yet? That's interesting. I thought it would make sense to because I am already spending money on my business, which I would like to be factored in when my taxes are calculated later. Oh, sucks. I'll guess I'll cross that bridge when I get there. Thank you for the video!
@rhys.finance
@rhys.finance 2 ай бұрын
If I bought a laptop for my business on my personal bank account (before I set up a business account) can I claim the VAT back?
@thestartupwallet
@thestartupwallet 2 ай бұрын
If you’re not VAT registered then you cannot reclaim VAT on purchases made for your business.
@rhys.finance
@rhys.finance 2 ай бұрын
@@thestartupwallet I am VAT registered, but I used a personal card to buy it the laptop. Can I still claim it back?
@rhys.finance
@rhys.finance 2 ай бұрын
If I bought a laptop for my business on my personal bank account (before I set up a business account) can I claim the VAT back?
@BarberBranford
@BarberBranford 2 ай бұрын
Thank you. Very helpful.
@alatusobedgeraldo9022
@alatusobedgeraldo9022 2 ай бұрын
Nice submission 👌
@rayro999
@rayro999 2 ай бұрын
These changes are still not enough to stop fraud. For example, Last year, In my town, we had an idividual who, over a 4 month period, registered around 600 temporary employment agency companies at one accomodation address in the town. These companies were then systematically transferred to different persons of significant control in the Philippines and the company names changed. Some of these companies are now due accounts/confirmation statements and either file a small loss in the accounts with ficticious number of workers (e.g. 5 or 6) or file for voluntary strike-off. There is no genuine economic activity with any of these companies. Apparantly, the individual concerned calls this a 'Tax Efficiency Scheme'. Companies House are not fit for purpose and seem to do little to stop fraud.
@alifalphasnp
@alifalphasnp 2 ай бұрын
its helpfull but if u can also explain how toadd a trading name to my existing company would be a help too please
@OneJTwoCOneO
@OneJTwoCOneO Ай бұрын
Yes, I’m looking for the same information.
@thestartupwallet
@thestartupwallet 2 ай бұрын
What other videos would you like to see? Leave a comment below❤