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I am a sole trader with a Paypal account in my name. This Paypal account has two cards in it, one in my name and one in my father's. My father is not connected to the business.
I have today made a purchase that qualifies as a business expense, however, I mistakenly used my father's card for the...
This is specialist equipment for a highly technical application. The businesses purchasing from me are the end consumer so-to-speak, thus, there is no VAT for them to recover, correct?
If the supplier issues me an invoice with DDP terms and a complete breakdown including cost of goods, sea freight charge, VAT and duty that I can reconcile against a bank statement showing an equal amount paid to them, then surely I am covered ?
The supplier in this case is using a chinese...
Yes, I'm not implying I'm going to give them a breakdown of costs. The invoice will have single figure that I expect them to pay.
This question is more about the VAT. As I'm a non-VAT registered company, I cannot charge VAT and should not display a VAT amount on my invoice. Correct?
Good day,
This is more of a sanity check so please bear with me. I am a sole trader and VAT unregistered with no chance of exceeding the threshold any time soon.
I am importing goods on DDP incoterms from china into the UK to my storage. At this point, my supplier will have paid all customs...