When is it a good idea to be a Vat and when is it a good idea to be a non-Vat? Part 4

In the previous case we discussed, you were a Vat and bought a computer (with VAT) and a work from Adam’s employee (based on a work contract, i.e. without VAT). The conclusion of our discussion was that, being a Vat, it is good to have suppliers who are also Vats. Note: The following article is not legal, financial or tax advice. Case 2 – What if you are not a Vat? The following example is not legal or tax advice.

Continue reading