tag:blogger.com,1999:blog-3471677076298733561.post7235243588587287041..comments2009-03-25T21:10:11.653ZPhotosmudgerhttp://www.blogger.com/profile/13224836364686858018noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-3471677076298733561.post-46078244755050688442009-03-25T21:10:11.653Z2009-03-25T21:10:11.653Z

Thanks! This is the best explanation of VAT I could see searching Google.<BR/><BR/>None of the official bodies, or even the helpful advice/information type sites, helped at all in deciding whether to be or not to be VAT registered.<BR/><BR/>You did it in a few sentences!<BR/><BR/>(And then I read your disclaimer - darn! All I've just learnt is probably all inaccurate!)

Hannahhttp://www.blogger.com/profile/05231257789025536451noreply@blogger.comtag:blogger.com,1999:blog-3471677076298733561.post-43621197234871240802007-12-01T11:36:47.529Z2007-12-01T11:36:47.529Z

Steve,<BR/><BR/>I hadn't realised you were reading and commenting as I was commenting back - this is a bit weird!<BR/><BR/>That's a very good way of looking at VAT and tax in general - if you're paying loads, then well done you!<BR/><BR/>As far as I know the self-employed threshold is £49K, I think it's different if you're LTD.<BR/><BR/>I haven't written anything about LTD companies for the

Photosmudgerhttp://www.blogger.com/profile/13224836364686858018noreply@blogger.comtag:blogger.com,1999:blog-3471677076298733561.post-6641563628153946922007-12-01T11:22:00.000Z2007-12-01T11:22:00.000Z

Ah VAT. A good way of explaining it is basically you offset what you pay against what you charge. A lot of businesses buy new stuff at the end of the quarter to offset what they've charged. But if you find you're paying lots of VAT at the end of the quarter, look at it as you're doing really well. TAx is a good thing really, paying more means you're earning more. It's also worth mentioning that

Steve Cairneyhttp://www.blogger.com/profile/14880887109329832861noreply@blogger.com