[eddie d]

hi guys
what trade sector do you use for window cleaning
please

[mick hay]

I take it u mean for VAT?

Its 10% for window cleaning.

[eddie d]

thx
but they said i have to pick a trade sector and wc is not listed

[mick hay]

I asked my  accountant, think it comes under "other"...lol

You just registering now?.....Think i may have to in time....hate the thought of it   

[Helen]

if you go into the HM website, go to VAT, go to ready reckoner and in there there is a list of trade sectors. I believe it is any business not listed elsewhere, go into this. (there are 2 linegaes that are similar, but you should find window cleaning in one of them) Keep delving you will find it. A word of caution. depends on what you call your service, we are a cleaning service as we don't just clean windows and the flat rate is 11%. A while ago window cleaning only was different at 10%.

[eddie d]

thankyou
found it "any service not listed "
im now a member of the vat club.

[Helen]

Well almost...... but welcome to the non paid tax collection service is more like it......don't forget your 1% discount in the first year. The % percentage you pay over to C & E is your gross (including vat figure) times the percentage. Total job including vat is £100.00. so if on 10% £10.00 goes to the C & E. You will also be liable for personal tax on the difference between the 17.5% and you flat rate %
Good luck

[eddie d]

helen
are you doing the flat rate scheeme.

[Helen]

Yes we are on flat rate.....sorry been unwell and laid up since last Saturday!!! 

[Ian Rochester]

Just been told last month by Mr VATMAN that we have to come off the flat rate scheme

[Helen]

Just been told last month by Mr VATMAN that we have to come off the flat rate scheme

Have you gone or about to go over the threshold then? We are close, and have to make the decision whether to go on the full scheme or not soon

[stevekennedy]

Can you leave and rejoin the flat rate scheme as often as you wish?

[Helen]

Can you leave and rejoin the flat rate scheme as often as you wish?

You'll have to read up on it, but I believe once you voluintary come out of the flat scheme, the same business can't go back on. There is a threshold you can go to which i think is £187500.00 inc vat (can't be bothered to look it up, but somewhere in this region) and once there you have to go to full vat anyway