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Thread: Tax question

  1. #1

    Tax question

    When i register as self employed and register my webhosting business in the UK, can i purchase goods (computer goods) without paying tax, if i purchase them as a business.

    Love technology and business!

  2. #2
    Join Date
    Jul 2003
    Location
    Goleta, CA
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    5,566
    ask a CPA in England. Generally though you aren't exempt from tax.
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  3. #3
    I thought that purchases made as a business are exempt from tax

    Could someone please shed some light.
    Love technology and business!

  4. #4
    Join Date
    Aug 2004
    Location
    Sheffield, United Kingdom
    Posts
    238
    If you are VAT registered then you can get an exemption on paying VAT on some purchases, not just for registering your business
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  5. #5
    Quote Originally Posted by sam_cogan
    If you are VAT registered then you can get an exemption on paying VAT on some purchases, not just for registering your business
    ok thanks

    I will do some research and will update this thread with information i find about tax issues in the UK for future reference.
    Love technology and business!

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