Honestly not me - Im umbrella these days....
A friend of my Mrs runs a beauty salon/training centre. Didn't register for VAT. Not clever.
Now the VAT people are onto her. Her fault completely for being so stupid of course.
I've always registered for VAT straight away as I guess all of us do. I understand the rules are over £85K turnover in a rolling 12 month.
Obviously the VAT people have sussed on she hasn't registered and hasn't been charging VAT. Her accountant sounds well dodgy and I think they've tried to get away with this. Obviously, people are more keen to pay for training courses if theres not a 20% VAT hike on top.
Anyway, she says now that the VAT people are charging her VAT that she should have charged for the last few months but didn't. Is this right? I know she's likely to get fined as well but this seems a bad mistake to make if you've got to pay VAT when you didn't charge it.
A friend of my Mrs runs a beauty salon/training centre. Didn't register for VAT. Not clever.
Now the VAT people are onto her. Her fault completely for being so stupid of course.
I've always registered for VAT straight away as I guess all of us do. I understand the rules are over £85K turnover in a rolling 12 month.
Obviously the VAT people have sussed on she hasn't registered and hasn't been charging VAT. Her accountant sounds well dodgy and I think they've tried to get away with this. Obviously, people are more keen to pay for training courses if theres not a 20% VAT hike on top.
Anyway, she says now that the VAT people are charging her VAT that she should have charged for the last few months but didn't. Is this right? I know she's likely to get fined as well but this seems a bad mistake to make if you've got to pay VAT when you didn't charge it.
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