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Where Taxpayers and Advisers Meet

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by KH27H
Mon Feb 19, 2018 4:13 pm
Forum: Tax Investigations and Enquiries
Topic: A Tearoom not Registered for VAT but £166K turnover ??
Replies: 3
Views: 1478

A Tearoom not Registered for VAT but £166K turnover ??

I currently own a tearoom A3 use and account for VAT using the 12.5% VAT Accounting scheme. I am registered as an unlicensed café and restaurant according to the categories at Companies House. I am looking to purchase tearoom number 2 and have found one. However, they are reporting a turnover of £16...

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