We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

limited cost trader and flat rate VAT

Options
Hi all
I wanted to be clear about one point, in the HMRC list of items considered as applicable and not applicable for the purpose of flat rate VAT nothing is mentioned about salaries and wages. I want to know whether staff salaries and wages to casual workers are counted as 'goods' for the purpose of not being counted as a limited cost trader. They say 'services' are not counted as 'goods' however they have a list of services but nothing is said about salaries and wages.
It is worth mentioning that without having staff and causal workers I could not reach the VAT threshold, i.e. I could not earn the amount required for that purpose.
any advise is highly appreciated
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 350.8K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.5K Spending & Discounts
  • 243.8K Work, Benefits & Business
  • 598.7K Mortgages, Homes & Bills
  • 176.8K Life & Family
  • 257.1K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.