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date: Sat, 31 Oct 2009 07:23:57 -0700 (PDT),    group: uk.business.accountancy        back       
Advise requested on setting up a new company   
Hi there,
I am planning to setup up a small trading company with the total
capital of £2000
I wish to sell various widgets on e-bay and my own e-shop.
Can you please suggest me if I shall require:
1) Registration of my company with and department?
2) Registration with VAT?
3) Do the safety regulations applicable on me. I am planning to start
from my house (a room taken on rent).

Any help would be highly appreciated.
Best regards,
John
date: Sat, 31 Oct 2009 07:23:57 -0700 (PDT)   author:   unknown

Re: Advise requested on setting up a new company   
On Oct 31, 2:23 pm, "femiwo...@googlemail.com"
 wrote:
> Hi there,
> I am planning to setup up a small trading company with the total
> capital of £2000
> I wish to sell various widgets on e-bay and my own e-shop.
> Can you please suggest me if I shall require:
> 1) Registration of my company with and department?

Company? Like at Companies House or simply a business?

> 2) Registration with VAT?

Not until your turnover reaches £68k. Widgets are VATable.

> 3) Do the safety regulations applicable on me. I am planning to start
> from my house (a room taken on rent).

Maybe, widgets can be dangerous when left alone.
>
> Any help would be highly appreciated.
> Best regards,
> John
date: Sat, 31 Oct 2009 07:31:30 -0700 (PDT)   author:   PeterSaxton

Re: Advise requested on setting up a new company   
On 31 Oct, 14:31, PeterSaxton  wrote:
> On Oct 31, 2:23 pm, "femiwo...@googlemail.com"
>
>  wrote:
> > Hi there,
> > I am planning to setup up a small trading company with the total
> > capital of £2000
> > I wish to sell various widgets on e-bay and my own e-shop.
> > Can you please suggest me if I shall require:
> > 1) Registration of my company with and department?
>
> Company? Like at Companies House or simply a business?
>
> > 2) Registration with VAT?
>
> Not until your turnover reaches £68k. Widgets are VATable.
>
> > 3) Do the safety regulations applicable on me. I am planning to start
> > from my house (a room taken on rent).
>
> Maybe, widgets can be dangerous when left alone.
>
>
>
> > Any help would be highly appreciated.
> > Best regards,
> > John

Thanks for your reply.
Well, not a company but business. I wish to start as a sole trading
proprietorship firm.

Well, the items I wish to trade in are going to be metal parts such as
poultry metal equipments (houses, cages etc) all made of metal.
Nothing hazardous!
date: Sat, 31 Oct 2009 09:08:27 -0700 (PDT)   author:   unknown

Re: Advise requested on setting up a new company   
On 31 Oct, 16:08, "femiwo...@googlemail.com"
 wrote:
> On 31 Oct, 14:31, PeterSaxton  wrote:
>
>
>
>
>
> > On Oct 31, 2:23 pm, "femiwo...@googlemail.com"
>
> >  wrote:
> > > Hi there,
> > > I am planning to setup up a small trading company with the total
> > > capital of £2000
> > > I wish to sell various widgets on e-bay and my own e-shop.
> > > Can you please suggest me if I shall require:
> > > 1) Registration of my company with and department?
>
> > Company? Like at Companies House or simply a business?
>
> > > 2) Registration with VAT?
>
> > Not until your turnover reaches £68k. Widgets are VATable.
>
> > > 3) Do the safety regulations applicable on me. I am planning to start
> > > from my house (a room taken on rent).
>
> > Maybe, widgets can be dangerous when left alone.
>
> > > Any help would be highly appreciated.
> > > Best regards,
> > > John
>
> Thanks for your reply.
> Well, not a company but business. I wish to start as a sole trading
> proprietorship firm.
>
If you are not registered as self employed you need to register with
HMRC

http://www.hmrc.gov.uk/selfemployed/iwtregister-as-self-employed.htm

> Well, the items I wish to trade in are going to be metal parts such as
> poultry metal equipments (houses, cages etc) all made of metal.
> Nothing hazardous!

I don't think you have to do anything then.
date: Sun, 1 Nov 2009 03:29:49 -0800 (PST)   author:   PeterSaxton

Re: Advise requested on setting up a new company   
On 1 Nov, 11:29, PeterSaxton  wrote:
> On 31 Oct, 16:08, "femiwo...@googlemail.com"
>
>  wrote:
> > On 31 Oct, 14:31, PeterSaxton  wrote:
>
> > > On Oct 31, 2:23 pm, "femiwo...@googlemail.com"
>
> > >  wrote:
> > > > Hi there,
> > > > I am planning to setup up a small trading company with the total
> > > > capital of £2000
> > > > I wish to sell various widgets on e-bay and my own e-shop.
> > > > Can you please suggest me if I shall require:
> > > > 1) Registration of my company with and department?
>
> > > Company? Like at Companies House or simply a business?
>
> > > > 2) Registration with VAT?
>
> > > Not until your turnover reaches £68k. Widgets are VATable.
>
> > > > 3) Do the safety regulations applicable on me. I am planning to start
> > > > from my house (a room taken on rent).
>
> > > Maybe, widgets can be dangerous when left alone.
>
> > > > Any help would be highly appreciated.
> > > > Best regards,
> > > > John
>
> > Thanks for your reply.
> > Well, not a company but business. I wish to start as a sole trading
> > proprietorship firm.
>
> If you are not registered as self employed you need to register with
> HMRC
>
> http://www.hmrc.gov.uk/selfemployed/iwtregister-as-self-employed.htm
>
> > Well, the items I wish to trade in are going to be metal parts such as
> > poultry metal equipments (houses, cages etc) all made of metal.
> > Nothing hazardous!
>
> I don't think you have to do anything then.

Thanks a lot. Your help is much appreciated. I visited the link also
you provided for self-employed. Just out of interest, I got one more
questions: How is it one have a short time or full time job also for a
short period (say for 3-4 months in year in order to support the
business in the beginning)?

Looking forward to hear from you.
Best regards,
date: Sun, 1 Nov 2009 12:48:52 -0800 (PST)   author:   unknown

Re: Advise requested on setting up a new company   
On 1 Nov, 20:48, "femiwo...@googlemail.com" 
wrote:
> On 1 Nov, 11:29, PeterSaxton  wrote:
>
>
>
>
>
> > On 31 Oct, 16:08, "femiwo...@googlemail.com"
>
> >  wrote:
> > > On 31 Oct, 14:31, PeterSaxton  wrote:
>
> > > > On Oct 31, 2:23 pm, "femiwo...@googlemail.com"
>
> > > >  wrote:
> > > > > Hi there,
> > > > > I am planning to setup up a small trading company with the total
> > > > > capital of £2000
> > > > > I wish to sell various widgets on e-bay and my own e-shop.
> > > > > Can you please suggest me if I shall require:
> > > > > 1) Registration of my company with and department?
>
> > > > Company? Like at Companies House or simply a business?
>
> > > > > 2) Registration with VAT?
>
> > > > Not until your turnover reaches £68k. Widgets are VATable.
>
> > > > > 3) Do the safety regulations applicable on me. I am planning to start
> > > > > from my house (a room taken on rent).
>
> > > > Maybe, widgets can be dangerous when left alone.
>
> > > > > Any help would be highly appreciated.
> > > > > Best regards,
> > > > > John
>
> > > Thanks for your reply.
> > > Well, not a company but business. I wish to start as a sole trading
> > > proprietorship firm.
>
> > If you are not registered as self employed you need to register with
> > HMRC
>
> >http://www.hmrc.gov.uk/selfemployed/iwtregister-as-self-employed.htm
>
> > > Well, the items I wish to trade in are going to be metal parts such as
> > > poultry metal equipments (houses, cages etc) all made of metal.
> > > Nothing hazardous!
>
> > I don't think you have to do anything then.
>
> Thanks a lot. Your help is much appreciated. I visited the link also
> you provided for self-employed. Just out of interest, I got one more
> questions: How is it one have a short time or full time job also for a
> short period (say for 3-4 months in year in order to support the
> business in the beginning)?
>
> Looking forward to hear from you.
> Best regards,

what's the question?
you can have as many jobs and businesses as you want
sort out the tax after the end of the tax year
date: Mon, 2 Nov 2009 05:11:46 -0800 (PST)   author:   PeterSaxton

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