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The VAT threshold relates to taxable supplies
"The supply of any goods and services which are subject to VAT at any rate, including zero-rated, are called taxable supplies. They are referred to as taxable supplies whether you are registered for VAT or not. If the value of your taxable supplies is over a specified limit, you are required to register for VAT" Who is talking now? -- Regards Chris Details offered in this e-mail are those applying to my particular problem and may not apply to your circumstances. You should check with your main dealer. "Well-Tech Computer Consultancy Ltd" wrote in message ... Good luck with your venture anyway, and if you need any expert business consultancy services, I can help you out for £500 a day plus expenses.;-) You shouldn't sell yourself short like that just to attract turnover. Geoff £500.00 a day does me, i'm not greedy. BTW, thats excluding VAT. And whoever said the threshold was on your taxable supplies and not turnover was talking ********. |
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