VAT

[TheFaQQer]

Like what Claire said the VAT is nothing to do with anyone else.

Just one thing is your company in the first year of trade as because your are on the FRS you are entitled to a 1% discount so your FRS should be 13.5% this year

<pedant>You get the 1% discount in the first year of VAT registration, not your first year of trading</pedant>

[Jeremiah@RHJAccountants]

<pedant>You get the 1% discount in the first year of VAT registration, not your first year of trading</pedant>

although if you are in your first year of trade it will also be your first year of VAT registration.

[TheFaQQer]

although if you are in your first year of trade it will also be your first year of VAT registration.

Assuming that you register for VAT at the same time. You could, of course, wait until you are about to hit the VAT threshold and then register for VAT which would take your VAT anniversary to be somewhere past the end of your first year of trading.

HTH BIDI