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Electrician Talk Forum
How Do You put Your Materials Through Company
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<blockquote data-quote="gryphon" data-source="post: 552105" data-attributes="member: 33267"><p>Apologies if this is is the wrong forum for this. Looking for direction.</p><p></p><p>Son has been a sole trader a few years now and seems to be doing fine. I did advise on day one to go Ltd Co but he went with some daft accountants advice.</p><p></p><p>Anyway he seems to have gone above the VAT threshold and is maybe expecting a large VAT bill. He has now decided to go Ltd and has moved accountants.</p><p></p><p>How do people put the materials for jobs through the company. I think this has been part of the problem of going over the threshold.</p></blockquote><p></p>
[QUOTE="gryphon, post: 552105, member: 33267"] Apologies if this is is the wrong forum for this. Looking for direction. Son has been a sole trader a few years now and seems to be doing fine. I did advise on day one to go Ltd Co but he went with some daft accountants advice. Anyway he seems to have gone above the VAT threshold and is maybe expecting a large VAT bill. He has now decided to go Ltd and has moved accountants. How do people put the materials for jobs through the company. I think this has been part of the problem of going over the threshold. [/QUOTE]
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