You have to add VAT at the appropriate rate to everything you sell (usually at 20%).
This additional income isn’t yours – you’re collecting it on behalf of HMRC (HM Revenue & Customs).
If you haven’t exceeded the threshold for compulsory registration you can still register voluntarily if it makes sense for you to do so.
If you’re a VAT registered business then you are essentially an unpaid tax collector.
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Married couples and civil partners where one person earns less than the personal allowance will be allowed to transfer up to £1,060 of their unused allowance to their partner, reducing their tax bill.
The receiving partner must be a basic rate taxpayer, earing no more than £42,385.
But some of the other people appointed have generated concern, in terms of their commitment to elements of Church teachings on life issues and their wish to revise Bl. Even hospital landscapes and two pumping stations are included, because they have skilfully-planned surroundings reflecting the landscaping fashions of their day.The emphasis of the Register is on 'designed' landscapes, rather than on planting or botanical importance.If your turnover (total sales) in the previous 12 months exceeds the compulsory registration threshold (currently £82,000), then yes – you must register. Accounting software like ours will keep an eye on this for you and warn you if you approach the threshold.It’s important to note that this is on a rolling 12 months basis (ie, the last 12 months from any given point), not based on turnover in a calendar year.And with so many new sites popping-up each day, we understand it's easy to get lost in this vast array of choices. - Try Cooling the Cyber-Chat Does your dating style need an intimacy boost?