Originally posted by Louisa@AardvarkAccounting
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It doesn't mean that you can't have a company doing different types of work and use goods strictly for those various type of work towards your total 2% threshold e.g. if you do some project support office type work, plus some design drawings, plus some prototype model making, then A4 paper, plotter paper, modeling wire and clay used exclusively by the company are all qualifying 'goods' regardless of percentages of type of work and percentages of type of goods
As long as you use the FRS percentage for the type of work which generates the greatest percentage of revenue
As I say this is just my understanding from the accountant and I haven't seen anything in writing from HMRC to say otherwise
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