Thursday 23 July 2009

VAT

I don't have to register for VAT, until I make a certain amount of money, but I could voluntarily register for it if I wanted. I thought this would be a good idea because it would cost me less to get things printed. However, I now think I was wrong.

let's say it costs £10+VAT for me to get my calendars printed. that would be £12.50 at the moment, I think. If sell them for £20, then I would have to pay the VAT on profit. it wouldn't lead to the printing being any cheaper. therefore there's no advantage in volunteering for it.

all of this makes my calendars seem AWFULLY expensive.

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