Do I need to register?

Q: I hope someone can help clarify this lingering issue for me. I am about to embark on a new project. I have a UK company which will be buying merchandise from an EU based company and selling to an non-EU company. The merchandise never enters the UK. It is shipped...

VAT and Digital Music Sales

Q: Hi All, I’m trying to figure how VAT will work in the following scenario, and… scrambling my brain in doing so. First I’ll lay out the parties involved. The Service Provider: The company that makes available an e-commerce platform for the sale of...

VAT registration query

Q: I run a small business from home as a Sole Trader and not VAT registered.When I buy stock from my suppliers I obviously pay VAT but what should happen when I sell the stock on to my customers?I don’t show any VAT on invoices/receipts but the amount I charge...

VAT Return problem

Q: I submitted my 1st VAT return in Feb 09 and so far have not been paid for that return, an officer called me claiming to want to visit to verify the claim, when he did get here he was accompanied by another officer, they were here in total 3 hours askign allsorts of...

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