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Electrician Talk Forum
How Do You put Your Materials Through Company
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<blockquote data-quote="mort2376" data-source="post: 552459" data-attributes="member: 25787"><p>So your invoicing your customers 2 invoices. One for materials and one for labour ?</p><p></p><p>Otherwise your system doesn't work as your solar company would have to sell to your electrical company and include vat. Which means your turnover is still the same.</p><p></p><p>Unless you only do solar work on the solar company and charge vat on that, but I'm not sure that's allowed.</p><p></p><p>I know you can't have a domestic company and a industrial electrical company as in the tax eyes they ate the same</p></blockquote><p></p>
[QUOTE="mort2376, post: 552459, member: 25787"] So your invoicing your customers 2 invoices. One for materials and one for labour ? Otherwise your system doesn't work as your solar company would have to sell to your electrical company and include vat. Which means your turnover is still the same. Unless you only do solar work on the solar company and charge vat on that, but I'm not sure that's allowed. I know you can't have a domestic company and a industrial electrical company as in the tax eyes they ate the same [/QUOTE]
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