I have an appointment with an accountant next week and want a bit of advice so I don't go in looking like an unprepared idiot. Bit of background, I recently sold an idea to a television channel as a result of this I had to setup a company, register for corporation tax and register for Vat. My company is setup at a television production company with companies house and we will be hiring out equipment for filming and paying companies to sort out the post production side of things. This is all completely new to me although I have been registered as self employed and registered for vat before many years ago. Before I go to the accountants I want to be armed with a bit of knowledge if anyone can help. Sorry if some of this sounds so obvious. so, as a company registered as a tv production company can I provide other business services not within the TV industry under the same trading name? When do I claim VAT? As am example if my next return is in December and I book an editing suite paying a 10% deposit in November with the balance paid when I use it probably in February next year, do I claim VAT on the full amount in December, Do I claim VAT on the deposit in December or do I wait and claim everything on the next return after I paid the full balance? When it comes to my tax return is a limited company return similar to the return that self employed people fill in? By hiring equipment and post production suites are these tax deductible? and a very stupid question, what does Tax deductible mean?