If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)

Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie

Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

VAT ADVICE NEEDED

lucan1234 · 2012-04-04 21:19:41

I’m hoping somebody can help me!! I have a retail business and its doing Ok considering the times we’re in and I was thinking of opening another store later this year. My wife is currently at home with no job but is not calming any social welfare. If I was to set it up in my name I would pay vat on everything. What I’m…

04-04-2012 9:19pm

#1

lucan1234

Closed Accounts Posts: 3 ✭

Join Date: April 2012

Posts: 1

I’m hoping somebody can help me!!
I have a retail business and its doing Ok considering the times we’re in and I was thinking of opening another store later this year.
My wife is currently at home with no job but is not calming any social welfare.
If I was to set it up in my name I would pay vat on everything.
What I’m trying to find out, Is it possible for my wife to set the new store separate to the current one (same service, trading name and just a different location) as I don’t think it would reach the threshold for paying vat by the end of the year?

Any advice welcome-thanks

0

Comments

#2 07-04-2012 8:10pm

Mr. Incognito

Registered Users, Registered Users 2 Posts: 9,798 ✭✭✭

Join Date: March 2007

Posts: 9552

Presumably you are jointly assessed but you are connected persons for tax purposes so you cannot operate them seperately.

Nor would you want to really??

0