Tax vat question vat margin
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Experienced Graphics designer |Experienced WordPress Full Stack|SharePoint Expert|Data Entry Team |flyer/business card/Brochure||2DAnimation||Photoshop work|
Islamabad
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Description
Experience Level: Expert
Basically
i have had 2 accountants and book keepers in 4 years and i still feel a little lost.
i sell used ipads and phones on vat margin to b2b
but i have opened a shop and want to trade the stock in the store to the local public
i have registered the company as a ltd company to protect the name, but i only want to use the name as a trade name under my main company name ( ABC is a Trading name of XYZ Ltd ) etc ........
can i do this as i mean i dont need to or want to setup a separate bank account etc, becuase i pay for all the stock under the one company i prefer to just keep it simple.
can anyone help
i have had 2 accountants and book keepers in 4 years and i still feel a little lost.
i sell used ipads and phones on vat margin to b2b
but i have opened a shop and want to trade the stock in the store to the local public
i have registered the company as a ltd company to protect the name, but i only want to use the name as a trade name under my main company name ( ABC is a Trading name of XYZ Ltd ) etc ........
can i do this as i mean i dont need to or want to setup a separate bank account etc, becuase i pay for all the stock under the one company i prefer to just keep it simple.
can anyone help
KEVIN H.
100% (34)Projects Completed
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5 Jul 2023
United Kingdom
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