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March 25, 2023
Solved

How best to set up VAT for a single company comprising 1 VAT registered retail outlet and 1 non-VAT registered charitable admin unit. I plan to use locations to identify

  • March 25, 2023
  • 1 reply
  • 5 views
No text available
Best answer by Ashleigh1

Hello Mr Tangerine Man, thanks for posting on the Community Pahe, so you could do it like that as presumably one of them will just have No VAT on it, however if the other becomes VAT registered in the future and requires a separate return it will cause problems. It will also depend on whether or not you need to submit separate accounts to companies house. We would advise and it will be best speaking to an accountant for further information on what your trying to do as they will be able to guide you more on this as we are just technical support here.

1 reply

March 31, 2023

Is anyone able to help with this please?

Thank you

Ashleigh1Answer
Level 14
March 31, 2023

Hello Mr Tangerine Man, thanks for posting on the Community Pahe, so you could do it like that as presumably one of them will just have No VAT on it, however if the other becomes VAT registered in the future and requires a separate return it will cause problems. It will also depend on whether or not you need to submit separate accounts to companies house. We would advise and it will be best speaking to an accountant for further information on what your trying to do as they will be able to guide you more on this as we are just technical support here.

March 31, 2023

That's great thank you!!