Re: FN-FORUM: Freelance Websites

date posted 28th October 2005 15:38

Cool thanks everyone - will stay clear of the dodgy freelance sites!

As for VAT - it's soo confusing! I've got a mixture of VAT and non-VAT
registered clients so at present am 80% sure I DO want to volunteer for VAT
registration!

I've had other sole traders recommending the flat-rate scheme that Chris
mentions but I spoke to a business advisor this morning who said to do the
cash accounting scheme as I would end up "over-paying" with the flatrate
scheme!

Any preferences anyone?!


On 28/10/05 3:39 pm, "Colin Rainsforth" [EMAIL REMOVED] wrote:

>
> Hi Lucy,
>
> At 2:05 pm +0000 28/10/05, Lucy Boyd wrote:
>> I am just starting up my own freelance graphic design business...
>> ...does anyone know what the situation with UK VAT would be if I went for
>> any of the projects based outside of the UK on these websites?!
>
> If you were registered for VAT you would need to cover VAT for
> overseas clients just the same as UK ones.
>
> However, having just set up your business you presumably aren't VAT
> registered so won't need to collect it at all. You only need to
> register for VAT when your turnover exceeds 60,000 GBP (currently) in
> any 12 month period.
>
> HTH
>
> ColinR




lucy boyd design 68 bonaly rise edinburgh eh13 0qx
>> tel. 0131 478 5378 mob. 07811 026 760 http://www.lbd.uk.net