hi all,
having become unemployed recently i have been thinking about starting up a small business (tyre fitting) working from home as i need to buy equipment i would be better to register for vat.however as it could take a while to get the business off the ground i would still have to go back working as a p45 employee,can i work on my p45 and also be registered for vat while trying to operate the business which will probably be evenings and saturdays to start with
having become unemployed recently i have been thinking about starting up a small business (tyre fitting) working from home as i need to buy equipment i would be better to register for vat.however as it could take a while to get the business off the ground i would still have to go back working as a p45 employee,can i work on my p45 and also be registered for vat while trying to operate the business which will probably be evenings and saturdays to start with