If you're thinking of a new beginning this New Year and going it alone, there are lots of factors to consider.
Firstly happy new year all and all the best for 2012!
To get the ball rolling, my first question of 2012:
Are there any VAT experts out there?
This week I received a VAT claim for £900 from VAT debt recovery, Newcastle. It dates from 2002 and includes £75 surcharge. No ongoing surcharges/ interest.
I have been approached by a potential new client who is a private tutor - teaching Spanish & piano (a strange combination and not at the same time I don't think)
Thanks for taking the time to read this.
I'm pretty certain that the answer is a no but a second opinion for a sound mind is requested. So here it goes:
A farmer’s wife running a B&B won her case at a VAT tribunal to overturn HMRC's ruling that it was part of an "aggregated" business registered for VAT.
The VAT changes announced by the government last week will probably not directly impact on most AccountingWEB members; however some businesses will be affected.
A company that provides tutoring services is set up as a company limited by guarantee and does not want to charge VAT on the tutoring service claiming it is for education and therefore not for prof
A 40 year old man has been jailed for attempting to evade more than £420,000 of VAT due on electrical goods sold on eBay.