- Original Poster
- #1
I became VAT registered last year when I set up my business (ridiculous really - when I barely trade) but my husband and I have another little 'business' (again - you can hardly call it that - selling secondhand cd's at practically no profit) so rather than get him caught up in the messy business of self employment - it is all in my name.
Well - it's not working out well - and I want the cd business to go under my husbands name (btw - he is not VAT registered.) So that I can concentrate on my thing and stop paying out VAT on his. He buys goods on which he pays no VAT (he buys off people on ebay who are just general joe public - not businesses) but then when he sells them I have to declare VAT on them
So - a big loss (unless we are doing something wrong here....)
Bottom line is - I really could do with finding someone who knows accounts and VAT to discuss how to deal with all of this. I don't want an accountant for day to day running of the books (I'm quite happy to do that) ... just need to find someone who will advise me on a few issues.
Does anyone know what the 'going rate' is for this ... and how would I go about looking for someone reputable (who doesn't cost too much - really struggling financially right now).
Any tips much appreciated.
Well - it's not working out well - and I want the cd business to go under my husbands name (btw - he is not VAT registered.) So that I can concentrate on my thing and stop paying out VAT on his. He buys goods on which he pays no VAT (he buys off people on ebay who are just general joe public - not businesses) but then when he sells them I have to declare VAT on them
Bottom line is - I really could do with finding someone who knows accounts and VAT to discuss how to deal with all of this. I don't want an accountant for day to day running of the books (I'm quite happy to do that) ... just need to find someone who will advise me on a few issues.
Does anyone know what the 'going rate' is for this ... and how would I go about looking for someone reputable (who doesn't cost too much - really struggling financially right now).
Any tips much appreciated.
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