[windows_chepstow]

The Federation of Small Businesses...

I've just looked at their web-site after being referred to them by the Tax Office.

Is anyone a member?

Are they any good?

What's the subscription cost?

I better get my fat ass out to work.  Cheers for the help.

[Morph]

The Federation of Small Businesses...

I've just looked at their web-site after being referred to them by the Tax Office.

Is anyone a member?

Are they any good?

What's the subscription cost?

I better get my fat ass out to work. Cheers for the help.

She won't like you calling her that Tosh

Pj

[*Chris Browne]

I was pestered by a salesman for about 3 months eventually he came to my house, it costs from"£200 quid onwards depending on what you require, i decided against it in the end, but it might work for some.

chris



www.scsf.co.uk

[Robbiebox]

Hi Tosh

We have recently joined the federation of small businesses, for one main reason. You will be fully insured for a tax investigation by the inland revenue. I dont know if you are aware but the IR are investigating more and more businesses whether you are self employed or ltd, and you are respnsible for all accountants charges which could run into thousands.  As I run two companies (one vat registered for commercial and one non Vat for domestic), it made sense. My accountant offered me similar insurance which worked out around £220 for EACH company  , wheras the FSB has an annual premium of £140 (£170 in first year), which covers me for BOTH companies.  . Other benefits are;

Legal Insurance
Telephone advice lines on everything business related
All kinds of discounts on services
Plus too many too mention

Hope this helps

Rob

[genesis_windows]

i have recently joined them at a cost of £100.00 per annum with a one off admin charge of £30.00 as a sole trader.
benefits include 24 hr helpline on all business related advise and as allready mentioned legal help and assistance for free in all matters of tax investigation. that alone is worth it for peace of mind
medical cover discounts, internet service discounts, free business banking with the co-op, vehicle purchase discounts, networking subsidised functions, phone contract discounts, the list goes on......
worth a look at any rate
www.fsb.org.uk/119

[Central Window Cleaners]

Robbiebox you say that you have registered two companies one with tax and one without. From the info my accountant gave me he sadi that the income from both would be VATable if the total income of both companies gross's more that £56K. I am currently trying to setup a similar thing do you have any info you could help me with please?

[George-Reid]

If you never join anything else Join the FSB money well spent you will save the cost many times over.

Cheers
George

[Jon T.C.]

Hi Tosh

We have recently joined the federation of small businesses, for one main reason. You will be fully insured for a tax investigation by the inland revenue. I dont know if you are aware but the IR are investigating more and more businesses whether you are self employed or ltd, and you are respnsible for all accountants charges which could run into thousands.  As I run two companies (one vat registered for commercial and one non Vat for domestic), it made sense. My accountant offered me similar insurance which worked out around £220 for EACH company  , wheras the FSB has an annual premium of £140 (£170 in first year), which covers me for BOTH companies.  . Other benefits are;

Legal Insurance
Telephone advice lines on everything business related
All kinds of discounts on services
Plus too many too mention

Hope this helps

Rob

My accountant offered me this insurance T £90 - I took it !!I thought about joining FSB and decided it didn't have enough plus's for me. My brother joined, and said that he would not be renewing his membership.

[Robbiebox]

Sorry Central, did not make myself clear.

My Domestic company is run by myself as sole director, and the commercial company is with my business partner as a 2nd Director. As I do not have sole control of both, they are classed as two totally different companies.

Hope this helps.

Rob

[Central Window Cleaners]

Thanks for the response, are you a director in the commercial business as you said that you had a business partner? Sorry if I am being thick. But would love to be able to do the same.

[Robbiebox]

Sorry for the delay central, been busy.

I am the sole director of a limited company that cleans domestic properties only.

I am also a director of a seperate limited company that i run with my business partner (and he is the 2nd director) which only deals in commercial properties, and this is VAT registered.

You cannot run two companies of the same business ALONE and split them for VAT purposes.

In order for the companies to be classed as nothing to do with eachother, you must run one of them with a second party.

Hope this is clear.

Rob

[Central Window Cleaners]

Thanks for the info, that is very useful. Could you tell me where it was you got the information for future reference?