The Tribunal has released its decisions in the case of Harrier LLC ( UKFTT 725).
A new client formed a limited company after having traded as a sole trader for a number of years. Whilst a sole trader he never registered for vat as he never went past the thresholds.
A client of mine is going out to Belgium to buy some firearms (he has a section 5 license so do not panic).
Thanks for taking the time to read this!
I have a Ltd company client whose only supply is to the US, so all his output VAT is 'out of scope' but can he calim back input VAT even if he never recieves any out put VAT - he would only ever be
The Tribunal and higher Courts have heard a number of cases over the years concerning the application of VAT (or not) to deposits and penalty charges.
January is usually a bit quieter for company registration so we formation agents get bored. So how did I spend the extra time ? Haggling over a new car.