VAT - Value Added Tax
I think the threshold is £56k so not every UK business will have one. An explaining phone call along with a letter from a chartered accountant should be enough.
Darren, I'm looking for a new accountant who's okay with the business we're in, could you let me know the details of your guy? (or perhaps any other UK webmasters who are able to recommend someone.)
john [at] centrefolds.co.uk or ICQ 308714554
Thanks
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ICQ 308714554 or jhn -at- punkys.com
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