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  Post #12 (permalink)   09-27-2003, 07:57 AM
Designr
HD Newbie
 
Join Date: Sep 2003
Posts: 3

Status: Designr is offline
I think you are getting VAT and Tax a little mixed up. If your company turns over £56,000, then you must start to charge VAT on your produts/ services.

For tax, if your profits are over £4,500 (not quite the offical figure, but its there are there abouts!) then you will be charged Tax.

It's something like that anyway. Best to get proper advise for your local Tax office.

Jay
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