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Electrician Talk Forum
How Do You put Your Materials Through Company
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<blockquote data-quote="Andy™" data-source="post: 552523" data-attributes="member: 2012"><p>if they suspect tax evasion, they will. if you had 2 vans, 2 sets of tools and everything independant then you may get away with it. share anything and they will claim its the same and tax evasion. even if you call into a small job on the way home from a solar job</p><p></p><p>if you had 2 completely different business, i.e electrical contractor and a bouncy castle hire then it would be a lot easier to say they are different. 2 electrical companies, one VAT and one not VAT then i can't see HMRC accepting they are seperate </p><p></p><p>overall, its easier to just do everything as the same company and charge VAT...</p></blockquote><p></p>
[QUOTE="Andy™, post: 552523, member: 2012"] if they suspect tax evasion, they will. if you had 2 vans, 2 sets of tools and everything independant then you may get away with it. share anything and they will claim its the same and tax evasion. even if you call into a small job on the way home from a solar job if you had 2 completely different business, i.e electrical contractor and a bouncy castle hire then it would be a lot easier to say they are different. 2 electrical companies, one VAT and one not VAT then i can't see HMRC accepting they are seperate overall, its easier to just do everything as the same company and charge VAT... [/QUOTE]
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