V.a.t Advice

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boro97

Free Member
Mar 2, 2006
147
0
  • #1
    I work as self employed for someone , but i'm also registered as a business so i can get suppliers for my website , now would it be worthwile going Vat registered eventhough i haven't reached the threshold yet , would i be able to claim vat back on hotel bills , food and petrol etc
    thanks in advance
     
    gordonthegofor

    gordonthegofor

    Free Member
    Dec 20, 2005
    310
    7
    Aberdeen
  • #2
    if your supplys are high in your labour and your materals and overheads are low Don't vat regester
    but if the other way round and you supply Vat regesterd compineys then regester
    If you only supply the publick probly no benefit in regestering

    But seek proper advice from an accountant
    If you are selfemployed for only one compiny the tax man may class you as an employe of that compiny
     
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