craigthompson19

Hello, I operate as an investigation company within the insurance sector. I am interesting in changing my VAT registration to the flat rate scheme but I am slightly confused on what constitues a 'sale' so I do not fall foul of the limited cost business rule. For example, my expenditure would be minimal i.e. office stationary, printing etc but I am providing a service which is then invoiced inclusive of VAT. Would the total value of my service invoices class as a 'sale' or does this only apply to physical expenditure by the company and therefore as my expenditure would be minimal, I would be classed as a limited cost business.

Hi, I recently set up a VAT number as a sole trader but after advice decided to go down the limited company route so I completed the transfer of the VAT number online and completed the forms sent to me by email but this was several weeks ago and I have heard nothing, How long do these transfers usually take and can I charge VAT on invoices and reclaim VAT using the existing VAT number that was registered to me as a sole trader? thanks

Hi, thank you..would I still only be able to claim market value on a 100% electric car as it states normally I could claim 100% allowance on it in my first year.

Hi, I am going from employed to self-employed in April next year and want to know how long before April I can purchase a car and still add it to my capital allowance claim in my year end self assessment? i.e. could I buy in February and still claim from April or does it only become a taxable asset if purchased once I begin as a sole trader in April. Apologies if asked before.