Recent content by mobile_mad

  1. M

    Reclaiming VAT (VAT100 Help)

    Thanks for all your your advice guys. Looks like i'll be importing from Europe once i find some good suppliers to compare prices with. Cheers, Andy
  2. M

    Reclaiming VAT (VAT100 Help)

    Would i have to account for the sales VAT on the remaining stock? (for the next VAT return), or should i deregister immediately? I don't really want to give them any more money, as my profit margin is already under strain. I'm hoping to keep the £208 i reclaimed!
  3. M

    Reclaiming VAT (VAT100 Help)

    Hi, makes you wonder how the term 'reclaiming' is actually valid, as the sales VAT would swallow up the VAT you want to reclaim, in almost every scenario! I'm guessing that if i entered only the amount to reclaim and no sales figures, they'd think i brought the stock for personal use rather...
  4. M

    Reclaiming VAT (VAT100 Help)

    Hi folks, i'm having a bit of bother with these VAT 100 forms. I'll explain my circumstances first so you can get a better understanding. I imported stock from Hong Kong to the value of £3537, the duty paid via UPS was £474 and the import VAT was £676. I want to reclaim the £676 back from...
  5. M

    Importing & VAT advice

    I see, i am considering registering as a sole-partnership, but i may want to rope my brother in, as he is being made redundant in a few months. Will i then have to re-register as a partnership instead? or can i just pay him a wage/ split profits with him, without him registering himself with the...
  6. M

    Importing & VAT advice

    Yes, the first links is especially helpful, as user 'momtrepreneur' mentions that FedEx/ DHL will deliver the goods to your door so that's one worry out of the way, although later on the original poster (furman) says he wants the goods collected via a freight fowarder? - i thought that's what...
  7. M

    Importing & VAT advice

    Hi, i'm thinking of getting out of the rat race and starting up my own online business selling mobile electronics such as new /used Laptops, Mobile phones, PDA's e.t.c. I need some advice on importing. I've downloaded lots of .pdf customs notices from the goverment sites regarding importing...
See more
Top Bottom
Community
Articles
Menu