We'd like to remind Forumites to please avoid political debate on the Forum... Read More » This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

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!

A second job - freelance web design

elDeeJay · 2008-04-19 20:10:50

I’m thinking of supplementing my income by doing a bit of web design as a second job. I work full time (and have cleared this with the company!) and wondered what implications this will have on my tax situation. I know I need to register for VAT, but what else is involved? I guess I will have to fill in a yearly tax return…

Options

Comments

theinsider Posts: 32 Forumite

22 April 2008 at 2:34PM

That's right, it is as simple as that. If you're not registered for VAT then you just charge a price and that is what your customers pay. They can't reclaim any VAT on it.

One thing to be careful of is when buying from business suppliers, most will not include VAT as a lot of their customers will claim this back. If you're not VAT registered, just be aware that you will be paying the full price including VAT like any other domestic consumer.

0

This discussion has been closed.

★ ★ ★ Meet your Ambassadors

A second job - freelance web design

Comments

Confirm your email address to Create Threads and Reply

🚀 Getting Started

Categories

Is this how you want to be seen?

Get our FREE Weekly email full of deals & guides - and it’s spam-free