Vat

[SandyDown]

Thanks very much Dave

I need to buy a new laptop - am waiting for the Jan sales, but not intending to spend more than £2000 on it. But apart from that, don't have anything else that is required... therefore it would seems that registering for flat VAT may be quite beneficial!!

Thanks again

[DaveB]

You're welcome

The FRS is a good idea for anyone contracting who isn't regularly subbing out work and paying large VAT'able invoices to other suppliers.

[threaded]

Yes, turnover less than about £60K and you don't have to be VAT registered.

If your turnover is that low then you're not really a contractor and just a disguised employee.

[Denny]

If your turnover is that low then you're not really a contractor and just a disguised employee.

Does that mean that employees on £60K salary plus per year are really contractors?

[threaded]

Does that mean that employees on £60K salary plus per year are really contractors?

No, it means they are overpaid dumb fscks as if they were really worth that they could earn well more as contractors, hence their employers are paying over the odds for BOS.

HTH

[SandyDown]

If your turnover is that low then you're not really a contractor and just a disguised employee.

What Dim means is if the declared turnover is less than 60 !!

[Sockpuppet]

No, it means they are overpaid dumb fscks as if they were really worth that they could earn well more as contractors, hence their employers are paying over the odds for BOS.

What do ministers get piad, including BIK stuff such as a house....

CHICO!!!!!!!!