[deeege]

Set up two separate company's , one industrial work vat reg, one domestic non vat . Simple!

Yes good luck with that. Be sure to report back after you've had a tax inspection.

And if this was the advice of your accountant, I'd seriously be looking for a new one.

[8weekly]

Set up two separate company's , one industrial work vat reg, one domestic non vat . Simple!

Genius!

[PoleKing]

Set up two separate company's , one industrial work vat reg, one domestic non vat . Simple!

Great idea.
But very very hard to implement.
Nigh on impossible if it's just window cleaning.

[Soupy]

Set up two separate company's , one industrial work vat reg, one domestic non vat . Simple!

Great idea.
But very very hard to implement.
Nigh on impossible if it's just window cleaning.

Setting up two companies, that do the same thing, in order to avoid registering for VAT is illegal.

[Ian Lancaster]

Set up two separate company's , one industrial work vat reg, one domestic non vat . Simple!

Very grey area!!  Even the VAT people give different opinions as to whether this is allowable.

The companies would have to be completely different, i.e, different address, directors, phone numbers, vans, employees, bank accounts etc etc.

If you owned both companies HMRC might decide it's just a ploy to avoid VAT and then you're in the poop!!

[Ian Lancaster]

You can avoid having to put up your prices to your customers by franchising.  Each franchisee is a legally separate business so will only have to register if their individual turnover exceeds the limit.  If you as franchisor turn over more than the limit you will have to register but you only charge vat on the royalties your franchisees pay you (unless you are still operating as a window cleaner yourself). This doesn't affect the franchisee or his customers if you absorb the increase yourself and you can cover the extra expense by selling more franchises.

[Perfect Windows]

Set up two separate company's , one industrial work vat reg, one domestic non vat . Simple!

I was wondering when this post would happen.  Well done.

Vin