21st June 2009, 10:17 PM
The original and more than useful topic which you stated has been very very useful,
I admit freely I have companies that perform very different functions and therefore are viable for being separate entities, thus unsuring that turnover does not cross the VAT threshold. I also am in partnership and this is VAT registered. I got good advice - but have to say I don't evade... I am a bit too honest in fact.
Understadning VAT and the possibilities is a very useful subject, as long as it does not stray into the familiar territory ( ie... charities.. its all unfair... councils... etc) We stick to the useful and all is well. Talk to an accountant... I would say your question has bee answered, and I have found it interesting.
"talking to your accountants who make their money by helping you pay tax "
its what they do!
Constant development is the law of life, and a man who always tries to maintain his dogmas in order to appear consistent drives himself into a false position.
Mohandas Gandhi
I admit freely I have companies that perform very different functions and therefore are viable for being separate entities, thus unsuring that turnover does not cross the VAT threshold. I also am in partnership and this is VAT registered. I got good advice - but have to say I don't evade... I am a bit too honest in fact.
Understadning VAT and the possibilities is a very useful subject, as long as it does not stray into the familiar territory ( ie... charities.. its all unfair... councils... etc) We stick to the useful and all is well. Talk to an accountant... I would say your question has bee answered, and I have found it interesting.
"talking to your accountants who make their money by helping you pay tax "
its what they do!
Constant development is the law of life, and a man who always tries to maintain his dogmas in order to appear consistent drives himself into a false position.
Mohandas Gandhi