topr8 - 1:02 pm on Aug 14, 2005 (gmt 0)

no 1 tip.

do NOT get registered for VAT until you really have to. (due to income/turnover threshold)

the resons for this:
1. takes an extra layer out of your accounting (saving you money)
2. no need to submit returns to the vat every 3 months again saving you time and money.
3. ok so you can't claim the vat element back for petrol and so on, but if you are not vat registered the gross amount is tax deductable anyway, so in reality no difference.
4. get a decent accountant. cannot emphasise this enough.

...

5. ALWAYS be decent and charming to receptionists/secretaries at any company you visit - they can be much more influential than their 'rank' suggests. (seriously)

[edited by: digitalghost at 4:35 pm (utc) on Aug. 14, 2005]
[edit reason] typo fix [/edit]