cardiffwinclean
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- Wales
Anyone one on here VAT registered? We've got to start charging domestic customers soon and I'm worried about the 20% increase in prices. Anyone lost customers over this?
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We're on the flat rate scheme and no, we don't give cash customers receipts at the moment.
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I've been to my accountants this afternoon. 86k is what he told me. He told me not to worry about going VAT registered /emoticons/biggrin.pngI would say either stay under the 82k or go way over it to make it worth your while.
Sounds like we qualify?! Interesting that would make it 16.5% instead... accountant is preparing lots of changes for new financial year so hopefully he finds best way for us but thanks that was interesting and if we qualify that's less for residential customers to bother about... even if it's only 3.5% less will sound better in the letter.Have you looked into the flat rate VAT scheme. Look on HMRC web page