All Questions
Tagged with small-business business
38
questions
1
vote
1
answer
346
views
Forming an LLC to reduce personal income
I'm working as a contractor for a couple people though I haven't formally formed my own business yet.
Is it possible to reduce my personal income tax while having the money go to the business?
Ex: I ...
- 111
0
votes
0
answers
24
views
Filing a UK Company Tax return for 22/23- is it possible to bring back a trading loss from 23/24?
Whilst filing my UK company tax return for the financial year covering 22/23 in the section 'Trading losses', under 'Bring back a loss from a later period' is states the following:
You can only bring ...
- 101
0
votes
0
answers
40
views
Why is the UK Corporation tax payment deadline before the company tax return filing deadline?
I've returned to contracting (as a software engineer) after 8 years of full time employment and am now working through my own LTD company.
I mistakenly thought - as is the case with self assessment - ...
- 101
0
votes
1
answer
121
views
As an investor of a business, how do you prevent the founder from holding back growth? [closed]
If you are an investor who owns 30% of a business and the founder owns 70%, how do you prevent a situation where the founder decides to always take profits and not reinvest them to grow the business? ...
- 109
-1
votes
1
answer
98
views
What percentage of companies could have a consistent lower "return on capital" to its owners/shareholders and a higher risk than the S&P 500?
What percentage of companies/startups in the US or any other country could have a consistent lower "return on capital" to its owners/shareholders and at the same time a higher risk than the ...
0
votes
0
answers
54
views
Term For Business Entity Founded With The Sole Purpose Of Holding Non-traditional investment?
I've done some searching but have been unable to find info on what I'm specifically looking for. My guess is there's a specific term for this type of business that I don't know.
Suppose I want to ...
- 101
21
votes
11
answers
7k
views
Why can't my LLC get a credit card when the owner has credit history and a good credit score?
I've started an LLC (US-based) and have an EIN that I'm bootstrapping myself and self-funding. All my addresses and details are registered in the US. I'm the sole employee, but have zero revenue as it ...
- 319
0
votes
1
answer
98
views
Goodwill and Amoritization when buying a small business [closed]
When buying certain small businesses goodwill is the largest intangible asset.
For an example company,
Purchase Price: 1,000,000
Tangible assets: 200,000
Goodwill: 800,000
If the company's value stays ...
- 103
11
votes
8
answers
13k
views
UK - Can I buy things for myself through my company?
this is a UK-based question.
I understand that there are certain purchases that you can make using the revenue of your limited liability company, and this is beneficial as you are using money that has ...
- 349
0
votes
2
answers
203
views
How to finance and structure an easy knockoffable business idea of a dummy poor 19 yo?
I am a poor 19yo, found one probably original business idea of products that will help (not entertain) people. However I am absolutely not savvy in technical business knowledge, so please answer my ...
- 1
3
votes
2
answers
340
views
Do I have to declare an income below my Personal Allowance?
I'm in the UK and planning to start a side business. The income from my current job doesn't exceed my tax-free Personal Allowance of £12,500 a year, nor do I currently expect the income from this ...
- 153
1
vote
2
answers
213
views
Would companies pay me for some service by sending a bank transfer to me as a person?
Let's say I set up a website and contact some companies, and one of them hires my service to perform some kind of work for them.
Now that they are happy with my work, they are to pay me. Do they ...
- 11
0
votes
1
answer
140
views
Where should I keep the money for the shares I purchased from my UK startup business?
I am at the beginning of setting up a UK business and started it with one share valued at £1.00. I am the owner of this single share. I am now wanting to pay the amount I owe for the share to the ...
5
votes
1
answer
207
views
In USA can I offset capital gains from the sale of a business with capital losses from stocks?
I recently sold a business and will receive a pay-out spread over a couple of years. Each year I will receive a predefined sum, which will be reported as capital gains.
Now, with the stock market ...
- 1,256
0
votes
2
answers
2k
views
What happens to the physical assets such as laptops and phones after closing a company?
Let's say that I own a small company with 10 employees. The company has provided each one of them with brand new laptops and mobile phones.
If the company closed, the employees would return the ...
- 587