Hello
Just joined your forum and am happy to be here
I have a question I hope someone can help with
Im currently over pension age so I get a state pension but im also still working as a sole trader.
I understand when I fill in my tax return that I add the pension value, but we are close to the vat threshold of £70,000, my question is do I include pension as turnover for vat purposes?, or would pension money not count to the 70k threshold?.
I hope you understand my question
Thankyou
Darren
Just joined your forum and am happy to be here
I have a question I hope someone can help with
Im currently over pension age so I get a state pension but im also still working as a sole trader.
I understand when I fill in my tax return that I add the pension value, but we are close to the vat threshold of £70,000, my question is do I include pension as turnover for vat purposes?, or would pension money not count to the 70k threshold?.
I hope you understand my question
Thankyou
Darren