L
Linden
Guest
Hi,
I have simple VAT query that I need help on please.
I am due to set up as a sole trader and appreciate that I don't have to register for VAT if I think I will be under the VAT threshold, but I think it may be more beneficial to do so. If I charge VAT to my clients and pass it onto the Revenue then it means I can claim my VAT back on my costs. So, because I can them claim my VAT back surely this would be more beneficial to me?
Thanks,
Linden
I have simple VAT query that I need help on please.
I am due to set up as a sole trader and appreciate that I don't have to register for VAT if I think I will be under the VAT threshold, but I think it may be more beneficial to do so. If I charge VAT to my clients and pass it onto the Revenue then it means I can claim my VAT back on my costs. So, because I can them claim my VAT back surely this would be more beneficial to me?
Thanks,
Linden