Tag Archives: partnership

One business or two for VAT?

A recent VAT Tribunal had to decide whether two hairdressing businesses should be treated as a single business for the purposes of VAT registration. The distinction was critical as the two separate businesses were operating below the registration limit (currently £85,000) and the combined operation would have exceeded the limit meaning that VAT would need…

Which business structure is best for me?

Starting a business on your own can be very exciting. You get to be your own boss, and plot your own course. There are lots of things to think about and you will need to make lots of decisions about many aspects of your business. One such decision you’ll need to take very early on…