VAT REgistration Query | AccountingWEB

VAT REgistration Query

Just come accross the following.

Potential client calls themselves a tour operator.

What they actually do is transport kids from Spain to the UK, provide accommodation (usually with a UK based familly) and then send them to a language school.

Turnover for last year to 31st March 2012 is £175k Cost of sales £85k Gross Profit £90K.

Sales invoices issued do not provide a breakdown of services provided just say something along the lines of ''English Language School serrvices for the Term''.

Confused by the vat situation should they be registed? Gross profit is above the threshold under the tour operators margin scheme - however they provide education?

Can anyone help?



There are 2 comments. Login or register to view them.

It's VAT, so it's details, details,..

spidersong |

Many thanks

cleo |