Hi guys, looking for a bit of advice . . . I'm VAT registered and registered for FRS all taken care of by the accountants. They have registered me as an IT Consultant with a flat rate of 13%, if I am registered as Computer Repair Services I would get a flat rate of 9.5%
I contract full time in IT support (i.e. desktop and server support) and provide no consultancy services as such, it breaks and I fix it!
Is there any reason why I should be registered as an IT Consultancy because I am a contractor even though my line of business is actually repairing computers? The only thing I can think of is that I do not supply the parts (and therefor don't buy them / pay VAT on them etc).
Cheers for any thoughts
Adrian
I contract full time in IT support (i.e. desktop and server support) and provide no consultancy services as such, it breaks and I fix it!
Is there any reason why I should be registered as an IT Consultancy because I am a contractor even though my line of business is actually repairing computers? The only thing I can think of is that I do not supply the parts (and therefor don't buy them / pay VAT on them etc).
Cheers for any thoughts
Adrian
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