Quote: Deferenz @ May 27 2008, 2:36 PM BSTIf you are a self employed entertainer/writer then the registration threshold for VAT is £67,000.
Hi Def
Some great advice here -- ta.
Just to be clear, I assume by the above figures that would mean I'd have to earn £67,000 purely from comedy-writing. So, if you were (not self-)employed earning say £30,000 a year, that would *not* count to the £67,000. Is this correct?
Cheers
Dan
Quote: swerytd @ May 27 2008, 3:25 PM BSTHi Def
Some great advice here -- ta.
Just to be clear, I assume by the above figures that would mean I'd have to earn £67,000 purely from comedy-writing. So, if you were (not self-)employed earning say £30,000 a year, that would *not* count to the £67,000. Is this correct?
Cheers
Dan
Dan, your earnings from employment are not affected by VAT, so a salary of say £30,000 would be TOTALLY SEPERATE to any self employed earnings for VAT purposes.
(did I spell seperate wrong?)
Def.
Blimey, my mate must be loaded! He made it sound as if VAT applied to everybody. The rich bastard.
Thanks for the clarification.
And yes -- it's separate.
Cheers Def. I don't think I will ever have to worry then. 
Dan