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Electrician Talk Forum
Starting in Business info - part1
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<blockquote data-quote="kme" data-source="post: 13105" data-attributes="member: 113"><p>1. Gov`t gateway - access to various government services via website. Apply, card is sent out with your code on it - high security. Also 1st step to online SA with taxman!!</p><p></p><p>DTG - for a small business dealing with (primarily) domestic, vat is a BAD idea. You HAVE to have outside book keeper / accountant, you have to ADD vat to your prices; with the resultant less of custom. Advantage - you can reclaim vat on your materials and outlay. If you deal with many VAT reg`d firms, they will want you to be vat reg`d, so they can reclaim the vat from you. HTH ??</p></blockquote><p></p>
[QUOTE="kme, post: 13105, member: 113"] 1. Gov`t gateway - access to various government services via website. Apply, card is sent out with your code on it - high security. Also 1st step to online SA with taxman!! DTG - for a small business dealing with (primarily) domestic, vat is a BAD idea. You HAVE to have outside book keeper / accountant, you have to ADD vat to your prices; with the resultant less of custom. Advantage - you can reclaim vat on your materials and outlay. If you deal with many VAT reg`d firms, they will want you to be vat reg`d, so they can reclaim the vat from you. HTH ?? [/QUOTE]
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Starting in Business info - part1
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