Clean It Up

UK Window Cleaning Forum => Window Cleaning Forum => Topic started by: M4RK on July 09, 2004, 10:00:23 pm

Title: VAT chance?
Post by: M4RK on July 09, 2004, 10:00:23 pm

I'm wondering whether or not to voluntarily go VAT registered. :-/

I'm not turning over £58,000 a year at the minute, but if I win any more large contracts I probably will soon. :-X

I'm phasing out domestic customers (only have 3 days domestic a month)

Is it worth volunteering for the image aspect?  8)
Are commercial clients likely to take you more seriously if you are VAT registered?

The other thing is, I was thinking of buying or contract hiring a van and buying a pole system.

I would save a fair bit of VAT me thinks.

What advice would you give me? ???

Title: Re: VAT chance?
Post by: The_Fed_Man on July 09, 2004, 10:21:15 pm

If your customers can get it back do it, you will save on most everything you buy for your business.

Look at last months receipts. Get the total, then times by 7 divide by 47 and this is the amount you would have saved that month.

Title: Re: VAT chance?
Post by: M4RK on July 09, 2004, 10:24:49 pm

:o I think your'e right. Thanks!

VAT's the way to do it!

(sorry)

Title: Re: VAT chance?
Post by: garry on July 11, 2004, 09:39:33 pm

why the bible verses mark?

Title: Re: VAT chance?
Post by: M4RK on July 15, 2004, 01:06:54 am

Before someone says it, I know it says nothing about VAT!  ;D ;D

Title: Re: VAT chance?
Post by: WavieDavie on July 15, 2004, 04:04:39 am

I'm sure there was mention of Tax Inspectors. Just because VAT wasn't around, doesn't mean to say we weren't still being clobbered for tax - even back then!