let me try that again
sole prop .....registered as a vat vender.....charge customers vat....electrical contractor....sell and charge customers for labout and materials including vat
cc ....am a working member....not registered for vat....electrical consultant....no materials used or sold to customers only hours rate hence the decision not to register for vat.
i need to get to the bottom of this because it is on the top of my to do list for this year....do i stay as a sole prop and registered with vat as i have done for 20 year or do i move everything over to the cc and the register the cc for vat and include both services in one company?
my thoughts are dont break something which has worked for so long...
sole prop .....registered as a vat vender.....charge customers vat....electrical contractor....sell and charge customers for labout and materials including vat
cc ....am a working member....not registered for vat....electrical consultant....no materials used or sold to customers only hours rate hence the decision not to register for vat.
i need to get to the bottom of this because it is on the top of my to do list for this year....do i stay as a sole prop and registered with vat as i have done for 20 year or do i move everything over to the cc and the register the cc for vat and include both services in one company?
my thoughts are dont break something which has worked for so long...
Comment