VAT Threshold on different accounts with a same address

Forum Categories › VAT REGISTRATION › VAT Threshold on different accounts with a same address

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  • 25 July 2018 at 23:51 #55474
    Turner
    Member

    Hello, I am a sole trader selling online mostly shoes with a turnover just under VAT threshold, can my wife (a housewife) be a sole trader herself and start selling online as I do from the same address? if this is possible is this means that we are completely separate businesses and our turnover will be separate too? if not this means we have to be VAT registered if are combined turnover exceed £85k. Your helps is very appreciated. Thank you

    29 July 2018 at 20:31 #55843
    vatconsultant
    Member

    You are at risk of artificial separation unless your business are ensure the business are as separate as possible – financially, economically and organisationally. Please read more on http://vatforum.co.uk/viewtopic.php?id=41

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