Buy a Business

http://www.daltonsbusiness.com/buy/business-for-sale-listing/all/location-london-central

http://uk.businessesforsale.com/uk/search/Businesses-for-sale-in-London

How to Write and Publish a Book

Prepare the contents

• Write the book contents in Word
• Organize the contents chapter by chapter
• Design the front page and back page
• Get the contents reviewed by a Specialist
• Choose an attractive name for your book

Other materials:

• Add pictures
• Create CD/DVD

Publish the book

• Find an investor if you don't have money
• http://www.lulu.com

Marketing

• Investigate who your customers are
• Investigate where/how your book can be advertised

To be researched..

All about UK Dividend Tax

When a company profits (income - expenses > 0), that money can be re-invested in the business (Retained Earnings) or paid as a dividend to the company shareholders.

When Company C1 pays dividend, should it pay tax?

Corporations should pay Corporation Tax on their profits which is now 20%. This tax is paid before paying any dividend!

When shareholder S1 receives dividend, should it pay tax?

If the shareholder's overall dividend income is between £37,400 and £150,000, then that shareholder has to pay 32.5% tax on his dividend. If the dividend income is less than £37,400 then 10% is the tax.

Example:

hmm, if £1000 is your Company's profit you have to pay £200 for corporation tax. So on the remaining £800, you have to pay 10% of it (assuming you're the shareholder) for shareholder dividend which would be £80. Therefore, at the end what you will get is £720 which means overall you have paid is 28% tax whereas if that profit was to be paid via PAYE, then 40% tax should have been paid assuming the shareholder's gross income is over £37,400.

So the tax saving you would make in this way would be 12% on your income above £37,400.

http://www.hmrc.gov.uk/rates/it.htm

Permie to Contractor; What Rate?

All depends on your skills, experience, niche and cheek but there is a formula which is ideal:

Salary*7.5/1000 so if you ear £40k a year the contract rate of £300 would be good for you. If you're a first time contractor the coefficient would be perhaps 6.

Also you can check the itjobwatch site for the average rates for your skill.

What are the Best IT Contractor Forums?

You always have questions; one way to get your answers is to use forums:

http://forums.contractoruk.com/

What Insurances Do You Need for Your Business?

Professional indemnity insurance, also known as PI insurance or indemnity insurance, can help protect you if claims are brought against you by a client due to a problem with work you have done for them.

There are few more:

http://www.hiscox.co.uk/business-insurance/

Business Startup: Microsoft BizSpark

http://www.microsoft.com/bizspark/

Register your company on BizSpark to become a BizSpark partner then you will be able to access all Microsoft development tools such as Visual Studio for free for 3 years.

MSDN Subscriptions: http://msdn.microsoft.com/en-us/subscriptions/aa336858

Average Contract Rate

http://www.itjobswatch.co.uk/contract.aspx