Is There Any V.a.t Registered Window Cleaners On Here.

Discussion in 'Chit Chat & Introductions' started by dth, Feb 17, 2013.

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  1. dth

    dth Active Member
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    Im just about to start wheelie bin cleaning as well as putting my second pure water van on the road in the next couple of weeks, so within no time i will be over the vat limit.

    Any advice would be good because i dont think i could put the vat on top of my prices, i will just have to make it up on volume.
     
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  2. Richard Barnes

    Richard Barnes Well-Known Member
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    Was thinking that myself 20% Vat is a big chunk to add on or swallow, Two different companies i think is the way to go because all your costs are labour and not much in materials, fuel is your biggest cost
     
  3. dth

    dth Active Member
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    My accountant says i cant split the two companys up. Even if i did i will still go well over the limit this year with the second window cleaning van on the road, plus all the power washing etc.

    Registering for vat frightens the shite of me
     
  4. Richard Barnes

    Richard Barnes Well-Known Member
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    Yes it must be pretty scary, 3 limited companies?
     
  5. dth

    dth Active Member
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    Or i was thinking move my frequencies to 6 weekly and add the vat, but then you still need more cutomers to make up for longer frequencies( CATCH 22)
     
  6. bluemonkey

    bluemonkey Guru
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    you can run 2 separate companys, 1 must be wc, 1 wheel bin cleaning, BUT they must not share any thing, ie offices, materials, even a photo copier, you can register for vat and pay 11% but charge 20%, but you can only claim back VAT on purchases over £2k thing with the vat man, is I am sure he wants paying monthly now, and you must pay them before you can claim it back
     
  7. dth

    dth Active Member
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    Thats the prob mate its all run from the same place.

    I dint understand how you can only pay 11%
     
  8. Richard Barnes

    Richard Barnes Well-Known Member
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    Cash Accounting pay when your paid
     
  9. CNS-southwest

    CNS-southwest Grand Master
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    Where you getting this info from mate?

    My dad claims vat bk on anything, not things for 2k or more.
     
  10. mr shine

    mr shine Guru
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    youl need good disipline with collecting vat , it should be deducted from your turnover on a weekly basis and lodged into a separate account ,ive a mate who learned this the hard way and ended up having to sell his wifes car to make up for money that she spent .you shouldnt have a problem charging commercial customers vat on existing prices as most of them will already be vat registered and can claim it back.
     
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