Are there any sole traders on here who have gone VAT registered? Id like to know how it panned out for you.
I’m not looking to hire anyone and expand in that regard. I’m cutting it fine with what I bring in and with them not changing the VAT limit for a few years and my annual price increases only make things worse (better), decisions need to be made. I’m just under 50% commercial and the majority of residential job pay online. From what I gather there’d be pros and cons were I to register.
Thanks
I’m not looking to hire anyone and expand in that regard. I’m cutting it fine with what I bring in and with them not changing the VAT limit for a few years and my annual price increases only make things worse (better), decisions need to be made. I’m just under 50% commercial and the majority of residential job pay online. From what I gather there’d be pros and cons were I to register.
Thanks