OFLIPS

If your Ltd company owes you a large Director’s Loan, consider charging interest 👇 ✅ Corporation tax deduction for the company ✅ Taxed as savings income ✅ Can use your £5k starting rate + £1k savings allowance Done properly, it can be more efficient than extra dividends.

If you run a Ltd company, don’t miss this 👇 Your company can usually cover the cost of eye tests for directors & employees who use screens regularly. HMRC treats this as a tax-free benefit, so: -No Benefit in Kind -No P11D reporting -Corporation tax deductible

@roaspete EASY

Currently in 🇦🇪 E-commerce is playing on easy mode right now. Spotted a product 48 hours ago. Launched it immediately. Scaled it fast. $12K in one day If you’re serious and want the exact blueprint, comment “EASY” and I’ll send it over.

Sole Trader switching to Ltd with credit card debt? Generally, you can’t transfer credit card debt from a sole trader to a Ltd More realistic options • Company lends you money → Director’s Loan • Clear debt before switching Make sure you bookkeep this properly to avoid issues

@Profit4goods Most people in the OA space use Hiscox or Policy Bee who are then underwritten by Hiscox.

@0FLIPS Which company do you use?

Make sure you've got your Product Liability Insurance sorted! -Make sure your store name (trading name) is listed on the policy. -If you change your store name, update them straightaway. -Notify them immediately of any chance of a claim.

Ltd company owners: reminder that your Christmas party can be tax-free 🎉 You get up to £150 per person (incl VAT) for annual events - no PAYE, no NIC, and Corporation Tax deductible. Single Director? Bring a spouse or family member. Use it or lose it!

We saved our client £2,000+ in VAT by catching a basic bookkeeping mistake. Accurate records don’t just keep you compliant — they protect your cashflow. Stay on top of your Bookkeeping ✔️

@Olly_FBA @TheFreeTwo Bonus ends in a couple weeks

@0FLIPS @TheFreeTwo Ooh I may have to look at that

What's everyone's favourite way to spend cashback and AMEX points?

@Olly_FBA @TheFreeTwo There is currently a 30% transfer bonus on Amex to Marriott which makes the redemption value quite good

@TheFreeTwo Amex on flights and cashback on hotels, weekly food shop and I do fairly abuse deliveroo haha

@ZBarkiss @YourAAT I didn’t realise you had to resit if the syllabus changes that’s very annoying. 1 exam a week as not fun after a couple weeks the motivation dropped on a weekly basis 😂

@0FLIPS @YourAAT Congratulations. Before the syllabus change I had 2 papers left and could not sit them on time. Now I have to resit all of them. I currently have 5 weeks holiday. Perhaps I should push myself to sit 1 exam per week. But I was also planning to focus on a strategy for A2A flips.

Just finished up on the @YourAAT exams. ✅ Level 2, 3 & 4 Completed ✅ 5 Level 4 Exams In 5 Weeks ❓ Anyone Need A New Accountant

@GistStrate @YourAAT Thanks mate

@0FLIPS @YourAAT Nice one, congrats! 👌

@dandealine @YourAAT Just wanted them over with 😂

@0FLIPS @YourAAT You’re ploughing through that really quickly. They recommend 6-12 months for level 2 and 3.

@TalismanicNRG @YourAAT Set up with a mate

@0FLIPS @YourAAT You trying to setup your own firm or is it just to have better business knowledge?

@samazonfba1 @YourAAT Thanks mate

@0FLIPS @YourAAT Congrats mate

@TalismanicNRG Somehow they can just jump on the listing at like 50% less, take the buybox and not even ship the products as they don't have any or ship something completely different. Even with Brand Registry, nothing can be done.

@0FLIPS How are they high jacking exactly

Anyone in the PL space have a long-term solution to Chinese listing hijackers? Seems impossible to beat.

@MrReeSolutions @TalismanicNRG Have you ever actually looked at the fund makeup and compared it to market average. A lot of workplace pensions stick you in very low risk assets imo which causes a big difference in retirement. Eg 19% in 2 years is underperforming the S&P500

@TalismanicNRG @0FLIPS My pension is current in Penfold it gets invested for me. +19% in 2 years

Yearly reminder to make use of your pension if you have spare profits!

@TalismanicNRG About 10-15 mins to setup, very easy. Max is 60k a year but it can be higher with carryforward.

@0FLIPS This a SIPP? How easy is it to setup for a business and is there a limit per year?