12th August 2010, 08:04 AM
To return to the nub of the question... The source for self employment and tax have been well covered, and VAT... if you may turnover more than 70k then you will need VAT if not, it is up to you. Of course if you are VAT registered, then the Petrol, the tools, the hire, the equipment, etc you get the VAT back... and you charge VAT on your services, which the customer can then claim back.
BAJR is not VAT registered. My Consultancy is not VAT registered, my Partnership is as a couple of contracts a year would push us over the VAT... but that is not to say I make 35k a year... rather that our turnover would be.
Its not hard.
BAJR is not VAT registered. My Consultancy is not VAT registered, my Partnership is as a couple of contracts a year would push us over the VAT... but that is not to say I make 35k a year... rather that our turnover would be.
Its not hard.