Does anyone have a copy of a letter they have used to inform domestic customers that VAT will be added to their prices in the future ......... pretty please
wots the vat threshold now a days 50ish grand
I wouldn't tell your domestic customers as it makes no difference to them. Just raise your prices to allow for whatever the vat may be. Even if it is likely to change in the future. I would look into the flat rate scheme as this is more cost effective for small businesses.
It's £67,500 Went on a HMRC Course recently.
Oh for heavens sake it's £67k...Google: VAT threshold...takes a second :