Just stating Networking contracting, CCNA R&S and CCNA Security Cert....working to CCNP + CCNP Sec
I've not contracted before and mostly my experience comes from full time employment, my main questions are on VAT.
Looking to form a LTD company, I'll be contracting through this but the company will have 2 other IT business interests and will be dealing directly with Residential/Corporate customers.
Will be going VAT registered immediately as I have a lot of setup equipment to buy and will need the VAT back, I was wondering about the day rates I see networking contracts advertised at.
Say the day rate is £300, if I'm VAT registered will the agency pay VAT on top of my day rate ? Obviously, if I'm VAT registered I'll need to be charging VAT on my contracting work.
Advice greatly appreciated.
I've not contracted before and mostly my experience comes from full time employment, my main questions are on VAT.
Looking to form a LTD company, I'll be contracting through this but the company will have 2 other IT business interests and will be dealing directly with Residential/Corporate customers.
Will be going VAT registered immediately as I have a lot of setup equipment to buy and will need the VAT back, I was wondering about the day rates I see networking contracts advertised at.
Say the day rate is £300, if I'm VAT registered will the agency pay VAT on top of my day rate ? Obviously, if I'm VAT registered I'll need to be charging VAT on my contracting work.
Advice greatly appreciated.
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