Recent content by Holly99

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    Running a dress agency- any tips please

    Hi - I could possibly be interested in your system so do you want to give me a call on 01332 875572 (tue to fri 10 till 5). many thanks Holly Frox Dress Agency
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    dress agency & VAT - any advise please?

    Hi - I would give the VAT office a call and maybe another accountant? The VAT office has agreed with me in writing I am classed as a Agent and therefore deduct commissions paid out before disclosing gross turnover. Its my understanding as long as you clearly state you are not the owner of the...
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    fitness trainers/teachers/nannies pay to use park etc as it's classed as 'workplace'

    Whether they charge £12 or £45 a hour, they should still pay if they want to use our parks. This is a business and all businesses have certain overheads whether its trading from a shop, home office or a public place. No one has mentioned that a lot of personal trainers have groups of people...
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    dress agency & VAT - any advise please?

    I have just received a letter from the VAT office stating that even though my gross turnover exceeded the threshold, as they now understand I am a 'agent', they have agreed that when the commissions paid out are deducted I do not reach the threshold and therefore do not need to register yet. You...
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    fitness trainers/teachers/nannies pay to use park etc as it's classed as 'workplace'

    Sorry guys I think instructors should have to pay to use the park for business use. :rolleyes:
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    Running a dress agency- any tips please

    I did wonder if you were going down the vintage route as your name suggests. Yours is a very specialised 'agency' so I'am assuming the premises is in a good high foot fall area (ie near a uni or in a city). I do a bit of vintage but find the market is very much the younger client - ie if you...
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    dress agency & VAT - any advise please?

    I understand now - thank you
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    dress agency & VAT - any advise please?

    I was told that I would qualify for the margin scheme before I found out I am classed as a Agent. What I didn't realise is you have to be VAT registered before you can be considered for the margin scheme. Once I VAT register (which will probably be late 2012), can I go under the margin...
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    dress agency & VAT - any advise please?

    What you have said is exactly what I have recently found out. It was a hugh worry when I was contacted by the VAT office as I really thought I was doing everything right but I was including 100% of the sale in my figures when like you say it should have only been my commission. My Terms &...
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    Running a dress agency- any tips please

    Just out of interest what was your agency called? I know of one that is still trading but was started by someone else years ago and was very successful - in fact if its the same one as yourself, I have a few of your ladies now come to me. Would be great to chat if you like?
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    dress agency & VAT - any advise please?

    Thanks guys for your advise. I have been doing a bit of research and it turns out I should be classed as a Agent as I receive a commission from the sale between the principal (owner of the goods) and buyer. Your right there isn't any VAT on second hand goods. My mistake was to include the...
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    Running a dress agency- any tips please

    Hi Purple-Vintage Yes I'am still around. Just found this site recently as I was looking for an answer to something else which I didn't find but found the dress agency thing. Always scary starting out a new venture and it would have been great speaking to someone in the know so-to-speak when I...
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    dress agency & VAT - any advise please?

    Can anyone help with my headache? I am a sole trader running my retail shop which is a dress agency, for the past 5 years. Basically I sell second hand clothing/accessories on behalf of my clients for which I receive a commission. If the items do not sell within a set time, they are returned to...
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    Running a dress agency- any tips please

    Hi there. I have been running a dress agency for 5 years now & would love to help you out with any questions provided your not local competition! I know this is a old post but if you are still around, let me know.
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