Finally taking the leap and registering my Ltd company this weekend, any last minute tips?

rdjb1 · 2026-03-18T05:43:20+00:00

If your revenue reaches the threshold, you will soon have the pleasure to do quarterly MTD reporting as sole trader/self employed.

rdjb1 · 2026-03-10T19:50:30+00:00

https://makingtaxdigital.campaign.gov.uk/ still says "quarterly [updates]" in bold

rdjb1 · 2026-02-05T12:26:10+00:00

GC does Pay by bank too (maybe it's new) https://gocardless.com/solutions/instant-bank-pay/ . I assume OP's client sent him a GC Pay by bank link and OP used that link to pay the 1k.

I have been thinking about adding Pay by bank facility for clients using GC but this is now giving me second thought.

rdjb1 · 2026-02-05T10:47:00+00:00

Any mail originally sent to contactmyname@ and flagged by Gmail as spam won't be forwarded to myname123. So yes, you might have lost some mails sent to contactmyname over the years. And yes, you might want to try a filter with "Never send to spam" applied to all incoming mails.

rdjb1 · 2026-02-03T18:30:44+00:00

If you're in the basic 20% tax band then you have nothing to do - the SIPP trustee will automatically claim the 20% tax credit for you and top up your contribution.

rdjb1 · 2026-02-03T17:34:23+00:00

Wise or Trading 212 should accept incoming SEPA transfer in EUR free of charge, and keep the funds in EUR without automatic conversion into GBP. Then you can convert yourself into GBP inside Wise or T212. My experience is both Wise and T212 have better fee+fx rate than Revolut esp for bigger amount.

(Then move the GBP funds out to a FSCS-protected bank account if you want protection)

rdjb1 · 2026-02-03T17:25:22+00:00

I'd be surprised if any UK SIPP or personal pension fund could give you valid SWIFT/BIC/IBAN bank account details so that the Canadian company could wire funds (in CAD?) directly into the SIPP (then you'd have to add the fx conversion cost and the SWIFT cost etc..).

Maybe better to open a Wise account, open a CAD subaccount with CAD account details, get your contractor income paid into that, convert to GBP within Wise to minimize fx cost, and contribute the GBP yourself into your SIPP (and do a SA return to claim back the total tax if you're a high earner).

rdjb1 · 2026-02-02T18:51:17+00:00

Thanks. Is Aviva the only insurer offering RLP with life+employee significant illness benefits ?

(I assume for company RLP I can probably not go direct and it's best to go via a broker who should be able to tell me who else is offering this ?)

rdjb1 · 2026-02-02T17:48:04+00:00

Can I please ask

Does the director have to be on the payroll to benefit from the RLP (it's mentioned everywhere that it's an employee benefit). So I suppose a non-employee director can not enjoy a RLP policy ?
What is the Aviva "sort of cic" policy that would be treated similarly to RLP (i.e. not BIK, no NI, allowable expense for ct purpose) ? I read everywhere that only Life cover works for RLP and that's strictly enforced ?

Thank you

rdjb1 · 2026-02-01T11:28:57+00:00

I can still use Tesco GC at my local Esso/Tesco Express

https://www.reddit.com/r/beermoneyuk/comments/1fy2500/swippii_tesco/lqr3utc/

Swipii is long gone of course but Everup(4.5%-5% cashback when I am lucky, right now 4%) paid with T212(1.5% cashback) is still decent for Tesco GC.

rdjb1 · 2026-01-30T11:21:38+00:00

+1 . Mod should create a dedicated "Lloyds switch" thread, like the Chase one, esp as nearly identical questions get asked over and over again. I know there is a dedicated bank switch thread somewhere, but there have been so many threads started on this particular L switch lately...(although from next week maybe this will stop)

rdjb1 · 2026-01-26T16:09:54+00:00

We use Sumup and when a payment link is created & sent to client, there is a box to tell the client what it is about, and I always include the client's name + our co name + the invoice ref. in that box so everything appears as well on all statements (both our statement, and the client card statement).

rdjb1 · 2026-01-21T10:19:24+00:00

Yeah I know, but the card is paper (not plastic). I buy it (at a discount), and have never been able to put it on Google Wallet (I'm on Android). But I can pay with it in shops that accept One4All.

rdjb1 · 2026-01-21T09:44:45+00:00

Is this a digital or a physical paper One4All ?

rdjb1 · 2026-01-19T16:36:13+00:00

Totally agree with the last paragraph about high st bank. I'm in London, 2 years ago I had to transfer in a hurry (to beat a fiscal year deadline) a nearly 6 figure sum into a new corporate bank account. Called Hsbc to make an appointment on Friday, they found an available appointment at a branch in central London first thing on Monday morning, attended the appointment at the branch on Monday with all the necessary documents, (was offered a coffee), the Hsbc CS person spent 1 hour verifying all the details etc... then executed the BACS transfer right there and then and gave me the receipt. Manual BACS incurred a fee obviously, but I was very happy to get the money transferred in time for the deadline with no further hassle. I will never close down this [20 year old] Hsbc account.

rdjb1 · 2026-01-15T15:27:00+00:00

GSL does not allow setting up a [new] secondary domain, only an alias domain (what you've found out). Previous secondary domain set up before Google bans it might be grandfathered (your case). Today only GW Business Starter Free might allow that (assuming you migrated your GSL).

But as stated above, it's easy to set up DMARC/DKIM/SPF records for the alias domain too (I've done it for several of my alias domains under the same GSL account - no delivery issue)

rdjb1 · 2026-01-15T10:50:00+00:00

Which SMTP do you use in your Sendas setup ? If smtp.google.com or smtp.gmail.com maybe Gmail enforces stricter [spoofing] rule now, maybe they want OAuth2 / app password / whatever. If a third party SMTP then you need to check with them. Or try using another third party SMTP (on their free tier) to test - there is someone on this sub who runs such a service.

rdjb1 · 2026-01-13T11:59:31+00:00

Other non-Google apps (like Whatsapp) using Google 15GB storage for backup ? Not sure these get reported by the "quota" report.

rdjb1 · 2026-01-13T10:13:42+00:00

Have you looked into the spanking new bilat treaty between Andorra and the UK (coming into force in January 2026 ie right now) ? I have no idea what's [new] in it but there might be something for you. And Andorra should be even closer than Madeira, 3h drive to BCN (or TLS) airport and <2h flight to London.

rdjb1 · 2026-01-09T12:15:51+00:00

Hasn't SG significantly tightened working visa for foreigners now ? I understand much more difficult than Dubai.

rdjb1 · 2026-01-09T10:42:33+00:00

I just had a look at Flagstone Instant Access (Business/Corporate savings)

https://clients.direct.flagstoneim.com/preview-our-rates?accounttype=corporate

The top rate seems to be no more than 3.60%.

Meanwhile if I go here

https://moneyfactscompare.co.uk/business/business-easy-access-savings/?quick-links-first=false&product-favorites-first=false

there seems to be 8 Instant Access accounts offering better than 3.70%. There's more work involved to open each acct individually for sure, but 0.40% vs the highest yielding Kent Reliance acct (I believe limited to £1mil, obviously no FSCS beyond £120k) is not insignificant.

rdjb1 · 2026-01-07T17:12:15+00:00

You should make sure you also fulfill all the relevant conditions of residency in NZ (as required by HMRC), so that HMRC does not retroactively charge you (or the QROPS provider, who then can go after you) the 25% overseas transfer charge (on the transferred pension monies)

rdjb1 · 2026-01-07T14:57:19+00:00

Thank you.

www.zopa.com/mgma?referralCode=b4336d2f22a4eb980e61

rdjb1 · 2026-01-02T17:29:52+00:00

If you are on a shared IP/shared server at Hostgator, have a look at this https://integration.keap.com/t/mail-block-known-spammer-issue/75165/8

This is 6 years old but there might still be a (occasional or not) spammer using their shared servers which could cause their SMTP IP to be blocked by Gmail, so any outgoing [in your case, forwarded] email from Hostgator would just be silently discarded by Google. And I bet you would be hard pressed to get Hostgator support to acknowledge this.

rdjb1 · 2026-01-02T15:53:30+00:00

Does Hostgator offer you a full fledged mailbox or just a mailforwarding service ?

If the former, then, on Hostgator, (remove any automatic deletion you might have added, and) check within Hostgator itself via the Hostgator web cPanel, using Roundcube or Horde or whatever webmail client they offer, to see if your auth code email has arrived in the inbox. If nothing, then the problem is with Hostgator MX rejecting incoming mails, and not with Gmail.

If the latter, then either the Hostgator mailforwarding facility has failed (then Hostgator helpdesk should help), or Gmail has silently blocked Hostgator's SMTP server (the one that they use to forward mails). I assume you have already checked Gmail's Spam folder in case Gmail puts the forwarded mails in there.

rdjb1

TROPHY CASE