Doing odd jobs?

[Sterling]

This may sound like a daft question. I have a limited VAT registered business doing management work for several days a week which is generally sufficient for my purposes being semi-retired. Can I put unrelated jobs through the business? By way of example only, I agree to paint a friend's flat at a market rate of say £1,000 plus VAT. I buy the paint and complete the work and invoice just as I would for higher calibre management work. Now being just a bit silly, my wife (director and employee) agrees to walk a neighbour's dog each day for £10 plus VAT. I then decide to buy and resell a piece of antique furniture. I am not suggesting anything contrived. Would it be acceptable to use the business for such purposes?

[Big Blue Plymouth]

This may sound like a daft question. I have a limited VAT registered business doing management work for several days a week which is generally sufficient for my purposes being semi-retired. Can I put unrelated jobs through the business? By way of example only, I agree to paint a friend's flat at a market rate of say £1,000 plus VAT. I buy the paint and complete the work and invoice just as I would for higher calibre management work. Now being just a bit silly, my wife (director and employee) agrees to walk a neighbour's dog each day for £10 plus VAT. I then decide to buy and resell a piece of antique furniture. I am not suggesting anything contrived. Would it be acceptable to use the business for such purposes?

I was about to suggest what I would do but I know it makes me a "bad citizen"

[SueEllen]

I know this makes me a "bad citizen" but cash in hand, Shirley?

Not as bad as I am.

[Big Blue Plymouth]

Not as bad as I am.

Oops you beat me to it.

[northernladyuk]

I was about to suggest what I would do but I know it makes me a "bad citizen"

Turn the dog into mince and call it shauny?

[Sterling]

I was about to suggest what I would do but I know it makes me a "bad citizen"

Ok, I had good reason for asking the question. Perhaps my illustrations were poor.

[Sterling]

Don't bother. I'll seek advice and assistance elsewhere.

[northernladuk]

What is the SIC code for your LTD?

[mudskipper]

Yes, you can use your business for whatever you like.

When you submit your annual return, you can include multiple SIC codes.

Where it gets more complicates is with flat rate vat, so if yourCo is on FRVS, talk to your accountant.

[northernladyuk]

Yes, you can use your business for whatever you like.

When you submit your annual return, you can include multiple SIC codes.

Where it gets more complicates is with flat rate vat, so if yourCo is on FRVS, talk to your accountant.

You might also check your insurances cover dog walking. And having to add VAT on a B2C sale may make you uncompetitive.