Hi Jacob, Mike and Jane,
Thanks so much for your help and advice.
I am a bit further on in my quest to appease the tax man and have until 5 Feb ‘21 to do so (that’s for 2018-19, by the way).
I have another question for you and I know that Mike and Jane are not registered as a business but do you both have business accounts set-up for your Power Suppliers (oil&gas)?
I was coerced into 5 year business accounts for both gas and electric with separate companies and they are asking for my Company details- site address, company registered number, etc and I am flummoxed. I thought I might put in Airbnb as Company name and my address will be the site address. Another ‘by the way’ (I’m from Glasgow, by the way 😆) my Airbnb property is tiny, i.e. business rate value £1,600 and is ~60 square meters squared in size. Profits are pretty small but then I do have my Carers Allowance to consider and I may lose this entitlement. I would happily squirm out of any association as being a registered business.
Hope you are all keeping well and that business is booming !
Many thanks and warm regards,
Dorothy.