John Rumm wrote:
dennis@home wrote:

And PPE would be zero rated for VAT as well?

I'm not registered, but I think it is.

I thought you said you earned a /lot/ of money in another post?
Not if you aren't VAT registered you don't.

IIRC, Dave said very profitable - which is quite a different thing
from turnover.

Quite a few small businesses doing this type of work will allow the
customer to purchase the materials directly so as not to have them
raise the business turnover to above the VAT threshold. If the
materials represent only a small profit centre this can be quite
worthwhile when you are serving a customer base of non registered
individuals since it keeps your prices lower (or more likely your
profitability 17.5% higher)

Ferzackerly.


--
Dave - The Medway Handyman
www.medwayhandyman.co.uk