Strong rumours

Norpig wrote:

rammywhite wrote:

Norpig wrote:it's like the bloody apprentice on here at the moment 

It's on in half an hour- a set of  juvenile arrogant incompetent overblown gobshites

not a fan then Rammy? 

Actually I like it for its cringe factor!!

Johnny applied to go on it. What a show that could have been.

i bet his business plan involved food in some way

rammywhite wrote:

Breadman wrote:I think it's pretty standard practice, isn't it?

Yes it is- it's what most accountants suggest to their smaller clients who trade from their domestic addresses. Accountants can charge a fee for it. From a tax perspective it's actually better to have your home address as the registered office as you can charge a proportion of your domestic expenses against profits.

but then you have to have change of use planning permission to run a business and pay extra insurance and pay capital gains tax when you come to sell up on the bit you used for business purposes as its not then your primary residence....it gets this complex for individuals and small businesses, heaven only knows what the different ta vehicles are used between all the holding companies, Isle of man, bermuda etc etc

Norpig wrote:i bet his business plan involved food in some way

He wanted some money for his own KFC franchise, I'm sure!!!

i think i'll stay skiving for the NHS, all this business talk goes right over my head 

Where Johnny by the way? I'm missing his input.

I've been wondering the same.

Breadman wrote:Not necessarily.

My Ltd company was registered at my accountant's address for years, Sluff.

It means nowt.

What I was trying to say was that if some small accountancy place in Essex is their 'local' accountant, then then the person behind the company has a fair chance of being local to there too?

Seemed a reasonable assumption I thought.

But since then I've remembered that Holdsworth recently managed clubs in Essex and there is a good chance that that is where the link probably stems from.

So yes you are right - it isn't really interesting news that I found at all!

A bit like my revelation that ED isn't on the Board at the V&A......

It's about £30 to set up but as you say done last week.

Chairmanda wrote:

rammywhite wrote:

Breadman wrote:I think it's pretty standard practice, isn't it?

Yes it is- it's what most accountants suggest to their smaller clients who trade from their domestic addresses. Accountants can charge a fee for it. From a tax perspective it's actually better to have your home address as the registered office as you can charge a proportion of your domestic expenses against profits.

but then you have to have change of use planning permission to run a business and pay extra insurance and pay capital gains tax when you come to sell up on the bit you used for business purposes as its not then your primary residence....it gets this complex for individuals and small businesses, heaven only knows what the different ta vehicles are used between all the holding companies, Isle of man, bermuda etc etc

It still remains your primary residence and any capital gain is apportioned on the basis of the number of rooms less kitchens and toilets. It would be very rare to pay any CGT. I've traded from home for decades as a limited company- from the spare bedroom. No change of use, no insurance complications either. Simply apportioned bills. It's actually not as complicated as it sounds

this seems very interesting from Companies House........


Name & Registered Office:
SPORTS SHIELD BWFC LIMITED
 THE RETREAT 406 RODDING LANE SOUTH
WOODFORD GREEN
ESSEX
UNITED KINGDOM
IG8 8EY
Company No. 09910069

Are we Bolton fans not being told something?

Wow. Reading through this thread has given me a bloody headache. Some of you on here really know your shit regarding business and finance.

bwfc71 wrote:this seems very interesting from Companies House........


Name & Registered Office:
SPORTS SHIELD BWFC LIMITED
 THE RETREAT 406 RODDING LANE SOUTH
WOODFORD GREEN
ESSEX
UNITED KINGDOM
IG8 8EY
Company No. 09910069

Are we Bolton fans not being told something?

very fishy

Kin 'ell.....we're going round in circles here.

See Comment #32.

Has anyone noticed sports shield have registered a new company with BWFC in the company name

if we use the possible new company name, would we be the SS BWFC ? 

Cue comments about Titanic, and a manager to steer the ship into calmer waters, ship under full sail, etc. 

At the moment, the Marie Celeste springs to mind, with no crew in sight.

rammywhite wrote:

Chairmanda wrote:

rammywhite wrote:

Breadman wrote:I think it's pretty standard practice, isn't it?

Yes it is- it's what most accountants suggest to their smaller clients who trade from their domestic addresses. Accountants can charge a fee for it. From a tax perspective it's actually better to have your home address as the registered office as you can charge a proportion of your domestic expenses against profits.

but then you have to have change of use planning permission to run a business and pay extra insurance and pay capital gains tax when you come to sell up on the bit you used for business purposes as its not then your primary residence....it gets this complex for individuals and small businesses, heaven only knows what the different ta vehicles are used between all the holding companies, Isle of man, bermuda etc etc

It still remains your primary residence and any capital gain is apportioned on the basis of the number of rooms less kitchens and toilets. It would be very rare to pay any CGT. I've traded from home for decades as a limited company- from the spare bedroom. No change of use, no insurance complications either. Simply apportioned bills. It's actually not as complicated as it sounds

This is Accountant speak and quite right too  
I believe certain types of distinct offices within the same grounds e.g. converted farm outbuildings would be more likely to require change of use if converting from agricultural to commercial use, but a home office converted from residential use e.g. an existing garage wouldn't attract attention.