If you have a VAT registered Self employed business and then do an additional job through which you are paid through PAYE, do you have to account for VAT on you Employed status income?
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VAT is due where taxable supplies are made in the course or furtherance of a business. Does this answer your question?
Absolutely not!
It is not trading income related to the supply of goods or services.
Incidentally, it is also not included in the assessment of VAT Registration or Deregistration threshold. So, if your client was subject to compulsory VAT, and if since taking on PAYE income, their turnover has decreased below the threshold, they may be eligible to deregister. Just a thought?!
Ignore all of the above comments.
Everyone knows you charge stamp duty reserve tax on it.
There are just too many sarcastic posters on this website.
He's not a VAT specialist, to be fair ....
https://www.accountingweb.co.uk/any-answers/vat-on-property-9