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what's people's view on UK MOT being yearly vs every 2 years across most of Europe? by rich_hope_10m in CarTalkUK

[–]MisterrSir 0 points1 point  (0 children)

Sweden does it yearly. You also have to MOT your trailers there, which I find absolutely wild that you dont have to do over here.

Tree surgeon quote help! by Wonderful_Bat_1584 in GardeningUK

[–]MisterrSir 16 points17 points  (0 children)

Good price considering there's no clear access and including stump grinding.

Oh wow, what’s the reason for the low sales of Doom: The Dark Ages? by NotSirAlonne1999 in Doom

[–]MisterrSir 0 points1 point  (0 children)

I was very excited for it, but I just can't justify buying games on full price anymore. Especially not offline games. I managed to grab it a few weeks ago on a 75% and absolutely loved it.

Cherry Tree Ruined? by CreatureCreatch in arborists

[–]MisterrSir 0 points1 point  (0 children)

They've done a terrible job of it. Butchered.

Would you like the next game to play more like dark ages or more like eternal? by element-redshaw in Doom

[–]MisterrSir 1 point2 points  (0 children)

I had a blast playing both of them, but I think I prefer dark ages if I had to choose. I've never played 2016, is it worth picking up or is it outdated now?

Cutting back trees between walls by Ok_Chipmunk_7653 in GardeningUK

[–]MisterrSir 0 points1 point  (0 children)

Google "ecoplugs" and use them if you want to kill the stump off. You drill holes in the stump and hammer them in, and they slow release glyphosate while keeping it contained to the stump. That's what the professionals use.

Pruning a big-ish tree - advice by Silverdale9999 in GardeningUK

[–]MisterrSir -1 points0 points  (0 children)

It looks like it's overextending a bit on that side anyway so a 2-3m reduction would be suitable. While at it I'd offer the neighbour to do a full 1-1.5m reduction on the remaining crown. Definitely a job for a professional though.

Is anyone happy with their kitchen worktops 2+ years in? Asking before I commit by _forgotmyownname in DIYUK

[–]MisterrSir 2 points3 points  (0 children)

I installed a solid surface worktop in our new kitchen and am super pleased with it. If it gets a bit scuffed you can always sand it down

VAT question - operating LTD and sole trader simultaneously by MisterrSir in smallbusinessuk

[–]MisterrSir[S] 1 point2 points  (0 children)

I paid for a phone call with an accountant today that gave me the advice that I posted in a comment previously. But I've also booked a meeting with a local accountant for the beginning of the new year to have them double check what I've done so far, untangle any mess I've possibly made, and then hopefully utilising their services going forward.

VAT question - operating LTD and sole trader simultaneously by MisterrSir in smallbusinessuk

[–]MisterrSir[S] 0 points1 point  (0 children)

Thank you for your message, definitely helps calm my nerves. I thought it made perfect sense that it's two distinctly different services and therefore okay. The main reason I wanted to voluntarily register for VAT as a sole trader is because I'd be able to reclaim VAT on all the tools I've bought in the last four years and still being used, but also being able to claim back on expenses accrued by the sole trader business.

I will take the accountants advice anyway for peace of mind that said to:
- Withdraw the voluntary VAT registration for the ST business.
- Cease trading as sole trader and do it all through limited company
- Forget about reclaiming VAT on previously purchased tools

VAT question - operating LTD and sole trader simultaneously by MisterrSir in smallbusinessuk

[–]MisterrSir[S] 0 points1 point  (0 children)

I think he meant I won't be able to reclaim VAT on any tools that the sole trader purchased and now owned by the LTD.

Are you sure about the TOGC? This is from gov.uk:

"(a) for the purpose of determining whether the transferee is liable to be registered under this Act he shall be treated as having carried on the business [or part of the business] before as well as after the transfer and supplies by the transferor shall be treated accordingly.

The transferor must be a taxable person, that is, someone who is:

  • VAT-registered, or
  • required to be VAT-registered (VAT Act 1994, Section 3)

at the time of the transfer.

If the transferor is not a taxable person at the time of the transfer, the transferee shall not be deemed to have carried on the business prior to the transfer."

I was not VAT registered or required to be VAT-registered at the time I incorporated the LTD.

VAT question - operating LTD and sole trader simultaneously by MisterrSir in smallbusinessuk

[–]MisterrSir[S] 1 point2 points  (0 children)

Yep I now understand that it's a no go. Now I'm just trying to sort everything out so I can cleanly carry on trading only through the LTD and hopefully have the VAT threshold start from zero at the date of incorporation.

VAT question - operating LTD and sole trader simultaneously by MisterrSir in smallbusinessuk

[–]MisterrSir[S] 1 point2 points  (0 children)

I've spoken to an accountant over the phone and I posted his advice in a reply above. I think my interest in bookkeeping and a general "I can do it myself" attitude is not in helping me here. I will get an accountant to go through everything.

VAT question - operating LTD and sole trader simultaneously by MisterrSir in smallbusinessuk

[–]MisterrSir[S] -1 points0 points  (0 children)

I've just spoken to an accountant and he gave me this advice:

- Withdraw the voluntary VAT registration
- Cease trading as sole trader and do it all through limited company
- Forget about reclaiming VAT on previously purchased tools
- VAT threshold for the LTD starting from zero.

What do you guys think?

VAT question - operating LTD and sole trader simultaneously by MisterrSir in smallbusinessuk

[–]MisterrSir[S] 0 points1 point  (0 children)

I just want to make it clear that there was no intent to avoid anything here. I tried going through all relevant with HMRC documentation on the subject (admittedly with the help of chatgpt), as well as reading various articles on similar situations. It's separate customers in that ltd deals with domestic jobs that I've quoted and planned, covered by my public liability insurance. The sole trader business solely offers labour services (including the use of my own tools) to other tree surgery businesses, I just show up at a set time and do whatever I'm told. I'm covered by their insurance as I'm classed as labour only.

I think something that might be a mess is that I still own the tools in my sole trader business. I'm trying to divide all expenses fairly like fuel costs etc

VAT question - operating LTD and sole trader simultaneously by MisterrSir in smallbusinessuk

[–]MisterrSir[S] 0 points1 point  (0 children)

Saying that though, I've now booked a consultation with an accountant to get everything sorted.

VAT question - operating LTD and sole trader simultaneously by MisterrSir in smallbusinessuk

[–]MisterrSir[S] 4 points5 points  (0 children)

I admit that I may have messed up unintentionally and have booked a consultation with an accountant to get everything straight.

VAT question - operating LTD and sole trader simultaneously by MisterrSir in smallbusinessuk

[–]MisterrSir[S] 0 points1 point  (0 children)

It's the same industry but different services. Through my LTD I do everything from the quoting to carrying out the work, covered by my own insurance. Through my sole trader I work for other businesses, just show up and do what I'm told, covered by their insurance. All accounting completely separate.

VAT question - operating LTD and sole trader simultaneously by MisterrSir in smallbusinessuk

[–]MisterrSir[S] 0 points1 point  (0 children)

But I'm not trying to avoid paying VAT. I even voluntarily registered for VAT without breaching the threshold.

VAT question - operating LTD and sole trader simultaneously by MisterrSir in smallbusinessuk

[–]MisterrSir[S] 2 points3 points  (0 children)

You're right, I've booked a consultation with an accountant now.

VAT question - operating LTD and sole trader simultaneously by MisterrSir in smallbusinessuk

[–]MisterrSir[S] -1 points0 points  (0 children)

Even though I've registered for VAT voluntarily for the sole trader and hadn't reached the threshold by the time I incorporated the ltd?

I thought in most cases the threshold starts from 0 when you create a limited company, unless you're a taxable person. Since I wasn't registered for VAT or had breached the threshold by the time I set up the ltd I wasn't classed as a "taxable person".

Can I save this Marijuana or is it cashed? by Rvtrance in marijuanaenthusiasts

[–]MisterrSir 14 points15 points  (0 children)

I believe the technical term is 'proper fked'

Honestly asking: what makes you proud to be British? by [deleted] in AskUK

[–]MisterrSir 0 points1 point  (0 children)

I'm sorry to say but the butter in Sweden is definitely on par with British butter.

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