IR 35 & VAT

If we are caught by IR 35, and all income (bar a pittance) is deemed to be salary, can we stop collecting VAT?

VAT is not currently collected or payable on salary, and it is unlikely that the 5% part of income not deemed to be salary will bring us near the VAT threshold.

What do you think ?

Leo Heffernan

Comments
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Having Your Cake And Eating It

AccountingWEB |
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The VATman speaks - part one

AccountingWEB |
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The VATman speaks - part two

AccountingWEB |
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VAT will still be chargeable under IR35

AccountingWEB |
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VAT and IR35

AccountingWEB |
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The government want to have YOUR cake and eat it

AnonymousUser |