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Having recently started my own

Marko797

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Posted January 30, 2008 at 9:35PM

I hope this will be beneficial. On the face of it a good idea.

What are we discussing; business set-up & associated costs, VAT registration, taxation, corporation tax, accountants, payroll, HMRC? All interesting stuff, let's see how it goes.

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Forum Editor

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Posted January 30, 2008 at 10:04PM

if you like. Any questions, just ask.

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Marko797

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Posted January 30, 2008 at 10:12PM

I've been thru the pain of setting this up without any prior knowledge, so willing to advise/assist others who might be thinking of it. All in the spirit of the forum of course.

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Marko797

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Posted January 30, 2008 at 10:24PM

Anyone aware of what the reason is for the backlog at HMRC for registration of VAT (if other than sheer volume), and when they hope to resolve the issue?

Mine's been with them for weeks so am currently invoicing less VAT, with the proviso that my registration is with HMRC and will therefore invoice in due course.

This seems to be an acceptable approach with the client fortunately.

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Forum Editor

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Posted January 31, 2008 at 3:08PM

Sheer volume is the answer, I suspect. It's not unusual.

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Marko797

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Posted January 31, 2008 at 7:27PM

yes had this confirmed.

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