Small Biz & Charities' MoneySaving

A question about : Is this legal?

I run a dog walking business and was thinking of branching out into dog boarding. I want to have a register of boarders on my books to enable me to match the dog to the most suited boarder.

I want to have these people employed by me so I can include a clause in their contract about not boarding any dogs not referred by myself.

A question about : Goods or Services for your own use. Help please

I know this might sound trivial, but it sends me round the bend every year when I try to complete my self assessment form.
As a very very small business I resell some products. Some I sell and some I use. I keep track of them all. The question is am I liable to pay income tax on the goods I use for myself?
HMRC advice doesn't help me. Here is the advice.
Goods or services for your own use

A question about : new cash basis for retail?

Hello,
I am wondering if anyone can help with a query regarding the treatment of stock purchased in the year.
It used to be only treated as an expense when the stock was sold and unsold stock remained as an asset in 'closing stock'
Am I right that now we can include all stock as an expense in the year of purchase even if unsold that year?

Also that a one off adjustment to using cash basis is that the 'closing stock' from last year can be added to this years expenses?

A question about : Fundraising for Project trust- help!

Hi
My 17 year old daughter has been accepted to work overseas with Project trust for her Gap Year. She has to fund-raise Ј5650 and is finding it hard as there 9 other students in our small, rural area all doing the same thing. She has a virgin money page https://uk.virginmoneygiving.com/EllisDixon, and is organizing bake sales, a sponsored walk etc. but could do with some extra ideas -can anyone help please?
Thanks, Debbi

A question about : Cash Basis Accounting

Hello. Hoping you can help me out. From tomorrow, I will be self employed. I have one client and we have agreed a monthly cost for my services. I work from home. Looking at HMRC site, I 'think' I should use the Cash Basis Accounting. However, I'm wanting to buy a book to record all income and expenses and, for the life of me, I can't seem to find the necessary product.

I'm also a tad unsure as to what I can/can't, should/shouldn't claim when I complete my self assessment.

I'd be very grateful for any advice.

A question about : ideas for small business

I am setting up a small company with the view of importing items to sell online.

What do you think is popular and will sell relatively easy, I am thinking micro SD memory cards, mid-range small electronics and may be ladies jewellery. Do you think the market is saturated with such goods?

Ideas appreciated.

thank you,

A question about : Vending Machine Business

Hi All,

I am looking to start up my own business to make some extra earnings to top up my wages. I currently work part time and am studying part time and I get by but that's about it. I spoke to my mum about maybe starting a new small business and she said she would help me with an interest free loan.

A question about : Help with company tax return

Hi, I have been running a very small limited company for just over a year and have now received the dreaded letter saying I need to file my annual tax return. I've been keeping my accounts using Excel but how do I go about filing them online with HMRC and Companies House and working out the tax I need to pay?

I keep going through HMRC website but it's so confusing and am now looking at online accountants but they would charge my whole year's profit!!

Any advice very gratefully received.