Potential customer is vat regsitered but business is not registered on companies house - is this possible as a sole trader or SE?
VAT registration & dodgy customer???
- Thread starter binky
- Start date
Help Support Talk Electrician Forum:
There is no requirement to be a limited company to register with HMRC for VAT.
You must register for VAT is your turnover is over £85,000, but you can register at any turnover if you wish.
However this is entirely independent of registering your company with Companies House.
Admittedly if your turnover is over £85,00 and you are not a limited company then a loss of income could cause significant personal difficulties if your house has to be sold to pay the debts.
You must register for VAT is your turnover is over £85,000, but you can register at any turnover if you wish.
However this is entirely independent of registering your company with Companies House.
Admittedly if your turnover is over £85,00 and you are not a limited company then a loss of income could cause significant personal difficulties if your house has to be sold to pay the debts.
Sharpend
"It Just Is"
Limited Companies (clues in title) register with companies house sole traders do not.
Vat is not company specific so available to all as it’s a tax only issue.
Vat is not company specific so available to all as it’s a tax only issue.
Ask them for their VAT registration number?
tracing a VAT number I know how to do - that's not a problem, but being VAT registered and not on companies house seems and odd combination.
I think it was 21k when i had to register. I was a sole trader then but changed to ltd.
how many decades ago was that? :^O it's now £86k for compulsory registration.
I was / am , a sole trader , was VAT registered for years , registered voluntarily because all my customers were commercial / industrial and complained they couldn't reclaim VAT from my invoices . I'm not registered now .
Absolute pants for any domestic work though. , forget it .
Absolute pants for any domestic work though. , forget it .
