Intercompany VAT

Q: Hi Marie I have a parent and a sub, the parent pays for most of the transactions for the sub, including salaries, petrol, mot’s etc, these costs need to be charged to the sub via a sales invoice but does VAT have to be charged on everything? I’m not...

Vat on invoices before receiving Vat No:

Q: Newbie to site please be gentle!!.. My problem is that I have just registered a newco, and I will be over the threshold in the second month, and I will be invoicing aprox 40k in the first 3 weeks, all customers are vat registered. My question is: If I say invoice a...

VAT position for my Online Clinic

Q: Hello there, I am trying to find out what the VAT position is for an Internet Private Clinic that I operate with in the UK. The clinic allows patients to complete a thorough online health assessment for a given health condition. We then have a number of UK...

exceeding the VAT threshold

Q: Hello. I have just set up my own ltd company. I will be doing consultancy work through the company. Separately I will be doing some contracting working directly for companies as an employee. Two questions: I dont expect to exceed the VAT threshold and therefore...

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