http://www.settingupyourbusiness.co.uk/vat-an-overview/ Free advice on starting your own business Sun, 20 May 2012 04:45:28 +0000 http://wordpress.org/?v=2.7.1 hourly 1 http://www.settingupyourbusiness.co.uk/vat-an-overview/comment-page-1/#comment-589 malcolmcoles Mon, 22 Jun 2009 21:12:10 +0000 http://www.settingupyourbusiness.co.uk/?p=82#comment-589 There's a thread on the pros and cons of voluntary VAt registration <a href="http://www.a1businessforums.co.uk/forum/advice-starting-small-business/7759-should-i-voluntary-register-vat.html" rel="nofollow">here</a>. You can read how to do it <a href="http://customs.hmrc.gov.uk/channelsPortalWebApp/channelsPortalWebApp.portal?_nfpb=true&_pageLabel=pageVAT_ShowContent&id=HMCE_PROD_008117&propertyType=document" rel="nofollow">here</a>. There’s a thread on the pros and cons of voluntary VAt registration here. You can read how to do it here.

]]> http://www.settingupyourbusiness.co.uk/vat-an-overview/comment-page-1/#comment-579 FRANK PATTERSON Sat, 20 Jun 2009 20:43:02 +0000 http://www.settingupyourbusiness.co.uk/?p=82#comment-579 HELLO I AM IN PROCEEDS OF STARTING MY OWN BUSINESS,WHICH WILL CONSIST OF SERVICING AND REPAIRING COMMERICAL VECHILES. MY QUESTION IS THAT I HAVE TO BUY ALOT OF TOOLS WHICH HAS VAT APPLIED, IF I DONT MEET 68000 TURNOVER,I WILL LOSS A LOT OF MONEY IN VAT? IS THERE ANY WAY AROUND THIS? ALSO IF I WAS TO STOCK PARTS TO MOVE ON AT A SMALL PROFIT HOW WOULD THE VAT DIFFERENCE WORK? MANY THANKS! HELLO
I AM IN PROCEEDS OF STARTING MY OWN BUSINESS,WHICH WILL CONSIST OF SERVICING AND REPAIRING COMMERICAL VECHILES. MY QUESTION IS THAT I HAVE TO BUY ALOT OF TOOLS WHICH HAS VAT APPLIED, IF I DONT MEET 68000 TURNOVER,I WILL LOSS A LOT OF MONEY IN VAT? IS THERE ANY WAY AROUND THIS? ALSO IF I WAS TO STOCK PARTS TO MOVE ON AT A SMALL PROFIT HOW WOULD THE VAT DIFFERENCE WORK? MANY THANKS!

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