C
claypigeon
Guest
Hello,
I'm looking to start up a small clay pigeon shoot initially, and hopefully (fingers crossed) expand as the business grows. I'm projecting an income of approx €15k for year 1. I know that thta figure is well below the obligatory value to register for VAT, but my question is, is there a benfit for me by being VAT registered? ALso, if I am registered for VAT, then do I have to charge VAT to all the clients for the service provided...to me, if this is the case, this don't my current prices go up by 21% ???
Any help, suggestions would be appreciated,
Des.
I'm looking to start up a small clay pigeon shoot initially, and hopefully (fingers crossed) expand as the business grows. I'm projecting an income of approx €15k for year 1. I know that thta figure is well below the obligatory value to register for VAT, but my question is, is there a benfit for me by being VAT registered? ALso, if I am registered for VAT, then do I have to charge VAT to all the clients for the service provided...to me, if this is the case, this don't my current prices go up by 21% ???
Any help, suggestions would be appreciated,
Des.