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Retail industry

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Simple recipe of dinner ladies with a difference

Article Abstract:

In the summer of 1992 the Department of Trade and Industry will alter the rules for limited companies, to permit one person trading alone to establish a private limited company. Legal requirements including audit are expensive and tax is payable on money taken out of the company. In a partnership money can be taken out simply and administration is greatly reduced. Bib and Tucker is a new business lunch service set up by Jenny Parkin and Maureen Douglas-Jones in Surrey but they will not operate as a company. They will have a partnership agreement. The main advantage of forming a company is limited liability, but unless the type of business is risky this is not beneficial.

Author: Fieldman, Sue
Publisher: Financial Times Ltd.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1992
Laws, regulations and rules, Private companies, Partnership, Partnerships, One-person corporations, One person corporations

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Stores let muggers play their cards

Article Abstract:

Although stolen credit cards can be cancelled, thieves can use them to open instant credit accounts in stores as the shops do not telephone credit card companies to confirm details. Banks should check with the account holder when they have been informed of theft, before paying new direct debit payments. It may be safer to change the account. The credit Industry Fraud Avoidance Scheme (Cifas) enables credit providers to exchange fraud information.

Author: Fieldman, Sue
Publisher: Financial Times Ltd.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1993
Safety and security measures, Cases, Fraud, Credit and debit card industry, Credit card industry, Crime, Consumer credit, Credit card fraud

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The whole truth about legal fees

Article Abstract:

It is worth obtaining several estimates for conveyancing as extra charges can make them higher in actuality. If mortgage lenders insist on using their own solicitor two fees will be payable. Some solicitors charge redemption of the mortgage on the property being sold. Some charge a fee for the mortgage. Bank transfer charges and photocopying fees may be payable. Disbursements of search fees and stamp duty will be included and VAT will be added.

Author: Fieldman, Sue
Publisher: Financial Times Ltd.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1993
Analysis, Finance, Prices and rates, House selling, Home selling, House buying, Home buying, Costs (Law), Legal fees, Conveyancing, Solicitors, Solicitors' fees

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