OFLIPS

Ever wondered how much a company car actually costs you in tax each year? I've built a calculator so you can see all the figures.📊 homfaccounting.co.uk/bik-calculator

@1000asins Guide

Amazon raised ungating minimums to 100-400+ units. Even my account with $80M+ in sales gets invoices rejected. So I stopped using invoices altogether. I put together a free guide with the step-by-step method I use now to get ungated without buying a single unit. Comment "GUIDE" and I'll send it over.

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

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.