VAT registration?


A

ann

I am self employed arranging holiday lettings for 4 properties owned by
4 different people. I advertise the houses, collect the booking fees
etc from holidaymakers, and send the money to the owners after
deducting my commission. I also do the cleaning and housekeeping for 2
of the houses which I invoice the owners for. I have not had to think
about VAT before but the amount of money I am now collecting to pass on
to the owners has made me wonder whether I need to register.
 
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M

Martin

ann said:
I am self employed arranging holiday lettings for 4 properties owned by
4 different people. I advertise the houses, collect the booking fees
etc from holidaymakers, and send the money to the owners after
deducting my commission. I also do the cleaning and housekeeping for 2
of the houses which I invoice the owners for. I have not had to think
about VAT before but the amount of money I am now collecting to pass on
to the owners has made me wonder whether I need to register.

It sounds very much as if you are collecting the rent as an "agent" on
behalf of the property owners. Therefore that is not part of your turnover
for VAT registration theshold purposes and you do not need to register.

(I assume your fees for cleaning, bookings etc don't exceed the t/hold
(£60k)... !!)
 
T

Troy Steadman

Martin said:
It sounds very much as if you are collecting the rent as an "agent" on
behalf of the property owners. Therefore that is not part of your turnover
for VAT registration theshold purposes and you do not need to register.

(I assume your fees for cleaning, bookings etc don't exceed the t/hold
(£60k)... !!)
I suppose the problem the OP may be looking at is that she has
previously returned the Gross as her income in her SA return. Now you
point out (I'm sure correctly) that she is (probably) an agent.

Does she change the basis of her SA Return in the future and leave the
past "wrong"?
 
M

Martin

Martin said:
It sounds very much as if you are collecting the rent as an "agent" on
behalf of the property owners. Therefore that is not part of your turnover
for VAT registration theshold purposes and you do not need to register.

(I assume your fees for cleaning, bookings etc don't exceed the t/hold
(£60k)... !!)
I suppose the problem the OP may be looking at is that she has
previously returned the Gross as her income in her SA return. Now you
point out (I'm sure correctly) that she is (probably) an agent.

Does she change the basis of her SA Return in the future and leave the
past "wrong"?


################

Still no >>>> things, Troy??? - Tools / options / etc... - please!!

Yes - if previous SATRs overstated t/o, I'd not resurrect the past - but I
would use the white space...
 
A

Alan Ferris

I suppose the problem the OP may be looking at is that she has
previously returned the Gross as her income in her SA return. Now you
point out (I'm sure correctly) that she is (probably) an agent.

Does she change the basis of her SA Return in the future and leave the
past "wrong"?


################

Still no >>>> things, Troy??? - Tools / options / etc... - please!!
It is your news reader that should add the > to his post, not him.

--
Alan "Ferrit" Ferris

()'.'.'()
( (T) )
( ) . ( )
(")_(")
 
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M

Martin

Alan Ferris said:
On Wed, 15 Feb 2006 20:51:23 GMT, "Martin"


It is your news reader that should add the > to his post, not him.

--
Alan "Ferrit" Ferris

()'.'.'()
( (T) )
( ) . ( )
(")_(")
Yes Alan - I agree. And here (and earlier up thread) it has added >>>
quite correctly.

But TS is (sometimes) sending stuff as "MIME/Quoted Printable", instead of
"MIME / None", and hence the > isn't added by OE. (If you look at the
details in the headers of TS's posts, you'll see which messages are QP and
which not....)

It's a M$oft design thingy - but I would welcome any workaround...

Meanwhile, maybe TS can tweak his settings...?
 
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