19th June 2009, 08:57 PM
I'm sure Peter can answer this question.....I am right in thinking that the ?68,000 VAT threshold is based upon your business turnover and not necessarily your personal earnings?.
I was just thinking that as a self-employed archaeologist you might get involved with machine hire or other such expenses, which even if recompensed, could push your turnover above the threshold even if your earnings stay below the level......
With peace and consolation hath dismist, And calm of mind all passion spent...
I was just thinking that as a self-employed archaeologist you might get involved with machine hire or other such expenses, which even if recompensed, could push your turnover above the threshold even if your earnings stay below the level......
With peace and consolation hath dismist, And calm of mind all passion spent...