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VAT Query
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Lifeisbutadream wrote: »The new business is a Limited company - it is totally separate from our usual business and we run it along with two other directors
So it will have a seperate VAT registration to that of your main/other business.
I was just seeing if there was scope to delay registering the new business for VAT on these initial contracts/jobs you have but that may be already too late by the sound of things.Anger ruins joy, it steals the goodness of my mind. Forces me to say terrible things. Overcoming anger brings peace of mind, a mind without regret. If I overcome anger, I will be delightful and loved by everyone.0 -
So it will have a seperate VAT registration to that of your main/other business.
I was just seeing if there was scope to delay registering the new business for VAT on these initial contracts/jobs you have but that may be already too late by the sound of things.
Yes - completely separate - I registered for VAT immediately as part of the business buys and sells furniture and subcontracts our other business for some work.0
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