Proovit

We help you to inspire confidence in your customers by verifying your company accreditations, awards, certifications, memberships and partnerships.

[SmallBizHour 🕘 @SmallBizHour]

Q5. In the event of non-payment (breach of contract) after plenty of polite reminders what would YOU do first: serve a warning letter, start court proceedings, withdraw/withhold work (if possible)?

#SmallBizHour

[SmallBizHour 🕘 @SmallBizHour]

Q3. Perhaps we should ask ourselves whether contracts should be seen as an ultimatum or an agreement. Do you negotiate the terms and change any clauses, or just go with what is presented? Or not, and walk away? 

#SmallBizHour

[SmallBizHour 🕘 @SmallBizHour]

Q2. "My word is my bond". Would you do business with someone who isn't concerned/fussed about a contract or do you think this is a warning sign that they are not particularly clued up when it comes to business?

#SmallBizHour

[SmallBizHour 🕘 @SmallBizHour]

Q1. Corillion's collapse have left an estimated 30,000 firms unpaid. How many of these are small businesses is unclear, but do you think they'll get ANY of the money? Do contracts provide a strong legal basis?

#SmallBizHour

[SmallBizHour 🕘 @SmallBizHour]

Q1. Besides running small businesses, we're also all consumers and can benefit from data protection laws. Do you think your government does too much or too little in this area?

#SmallBizHour

[SmallBizHour 🕘 @SmallBizHour]

Q5. There was no IR35 tax avoidance measure for the private sector. This is where self employed people don't meet HMRC's definition of "self employed". There's going to be a consultation instead. How do you feel about this measure?

#SmallBizHour

[SmallBizHour 🕘 @SmallBizHour]

Q4. Considering the poor productivity reports and low growth forecasts, are you confident Britian can get the economy into a good place place in time for Brexit?

#SmallBizHour

[SmallBizHour 🕘 @SmallBizHour]

Q3. The national living wage is going up. For those with employees, will this be economically viable?

#SmallBizHour

[SmallBizHour 🕘 @SmallBizHour]

Q2. Business rates are now calculated in part according to the consumer price index and not the retail price index. What the hell does that mean and why is it good?

#SmallBizHour

[SmallBizHour 🕘 @SmallBizHour]

Q1. It turns out the decision not to lower the VAT threshold wasn't a U-turn made by the chancellor. It was the DUP that blocked the measure. Thoughts(?!)

#SmallBizHour

[SmallBizHour 🕘 @SmallBizHour]

Q5. Will you be watching the budget live on TV?

#SmallBizHour

[SmallBizHour 🕘 @SmallBizHour]

Q4. Private contractors who do not meet HMRC's definition of 'self employment' may be charged additional tax and N.I. under IR35. Such individuals are considered "employees in disguise". Many of us outsource, so who will absorb the cost? 

#SmallBizHour

[SmallBizHour 🕘 @SmallBizHour]

Q3. A couple of weeks ago we discussed the possibility that the chancellor will announce business VAT registration threshold being lowered from £85k down to around £20k. Why would he do so?

#SmallBizHour

[SmallBizHour 🕘 @SmallBizHour]

Q2. The UK's Industrial Strategy looks to up in the air what with Brexit uncertainty and domestic law (like the IPBill) not exactly making the UK all that attractive to do business with. What do you think?

#SmallBizHour

[Little Soap Company @Little_Soap_Co]

@FabFudge_UK (sidles up to FabFudge) we've looked at your profile, and we'd like to say you're making the world a better place one square at a time. 😉#SmallBizHour

[SmallBizHour 🕘 @SmallBizHour]

Q1. Wednesday 21st November is the UK's 2017 Autumn budget. Do small businesses have anything to look forward to or is it more of the same nonsense we've come to expect?

#SmallBizHour

[SmallBizHour 🕘 @SmallBizHour]

Q5. Wouldn't it be easier if businesses were allowed to charge a reduced rate of VAT to other businesses?

#SmallBizHour

[SmallBizHour 🕘 @SmallBizHour]

Q4. Why is the current UK VAT threshold so high at £85k? It's the highest in Europe. What advantages does this afford the UK right now and what are the implications of Brexit on VAT?

#SmallBizHour

[SmallBizHour 🕘 @SmallBizHour]

Q3. How much more can a small business be expected to pay to incorporate their business and file annual returns?

#SmallBizHour

[SmallBizHour 🕘 @SmallBizHour]

Q2. Registering for VAT means adding 20% cost to your pricing. Many of us feel this makes us less competitive; we lower our prices to accommodate the 20% - which goes to the government. We earn less. Do you agree or disagree with this logic?

#SmallBizHour