12th August 2010, 01:02 PM
Very good Uo1
Indeed if you do have multiple businesses they must be discreet companies that are not related. Some people try to spread income by having different companies but all doing the same thing roughly.
We have a
Toolstore an advertising company an archaeological consultants and a Partnership in a digital media/web
So each is discreet and separated - very important.
Only one is VAT registered currently. ALways Always keep your nose clean, get advice, talk to the VAT and the Tax office... discuss what you do... and you will have no worries.
The basic premise is to get advice and not be scared to talk to them. Hide nothing, as one day... you may regret it.
Simples!
Indeed if you do have multiple businesses they must be discreet companies that are not related. Some people try to spread income by having different companies but all doing the same thing roughly.
We have a
Toolstore an advertising company an archaeological consultants and a Partnership in a digital media/web
So each is discreet and separated - very important.
Only one is VAT registered currently. ALways Always keep your nose clean, get advice, talk to the VAT and the Tax office... discuss what you do... and you will have no worries.
The basic premise is to get advice and not be scared to talk to them. Hide nothing, as one day... you may regret it.
Simples!