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Heather Said:
How easy is it to register a small dog walking business in UK for taxes?We Answered:
Strictly speaking you have to tell the tax office that you are going to be self employed. They will confirm this. All you have to do then is keep a good record of cash received and expenses paid out for the business. Near the end of the year you will get a self assessment form which you must complete. The tax office will calculate the tax, if any, for you if you get the form in before a certain date. You should also get an exemption from NI for small business. If the net profits don't come above the nil rate tax band you will not pay any tax. It is better to keep a business bank account seperate from your personal money.Anthony Said:
How much would it cost for insurance on small restaurant dining?We Answered:
My brother has a restaurant just like you described, only in Montebello Ca, he is paying around 5K a year, but to be on a safe side try calling an insurance professional. a local deal 888-546-3760 Universal Lines InsuranceRoger Said:
What insurance would be required for my start up electric rental car business?We Answered:
The leasing company MAY have liability for your actions. They will probably require you to name them on your insurance policies as an additional insured, so your insurance will pay their claims if your actions ever cause them to get sued.As for the insurance you will need: Most people buy insurance because there is a contractual requirement not because they SHOULD have it. In your example, the car leasing company may require you to get insurance to protect them.
As for the approximate cost, it depends on a lot of different factors. I am a licensed insurance agent and can help you with this but would need to ask you a lot of questions to help gauge your approximate costs. If interested, please send me your contact information.