Conference Classification for Flat Rate VAT??
Myriam
Registered Posts: 10 Regular contributor ⭐
Hi
I have a client who needs to register for VAT, and I am doing a bit of research for him to see if he will be better off registering for the Flat Rate Scheme.
I think he will, but I've got no idea under what category!
The business is organising a massive conference, then selling sponsorship and tickets.
Does that come under the category of
Sport/Recreation
or
Any other activity not listed elsewhere
or
Retailing not listed elsewhere
Or something else entirely that I've not realised!
If there is anyone with actual experience of this in practice or very definitive knowledge please let me know which category is the most appropriate. Otherwise I shall wait until Monday and ask the VAT helpline...
Thanks!
Myriam
I have a client who needs to register for VAT, and I am doing a bit of research for him to see if he will be better off registering for the Flat Rate Scheme.
I think he will, but I've got no idea under what category!
The business is organising a massive conference, then selling sponsorship and tickets.
Does that come under the category of
Sport/Recreation
or
Any other activity not listed elsewhere
or
Retailing not listed elsewhere
Or something else entirely that I've not realised!
If there is anyone with actual experience of this in practice or very definitive knowledge please let me know which category is the most appropriate. Otherwise I shall wait until Monday and ask the VAT helpline...
Thanks!
Myriam
0
Comments
-
Unlikely the VAT helpline will help you, its really down to you/the client to choose the most appropriate category, agreed not always a straightforward task.0
-
Thanks!
Thanks, I found a much more detailed list for the business classifications and it actually falls under 'Business Services that are not listed elsewhere' as 'Exhibition and fair organisers' seems to be the closest thing to conferences I can find.
m0
Categories
- All Categories
- 1.2K Books to buy and sell
- 2.3K General discussion
- 12.5K For AAT students
- 328 NEW! Qualifications 2022
- 161 General Qualifications 2022 discussion
- 11 AAT Level 2 Certificate in Accounting
- 57 AAT Level 3 Diploma in Accounting
- 95 AAT Level 4 Diploma in Professional Accounting
- 8.9K For accounting professionals
- 23 coronavirus (Covid-19)
- 273 VAT
- 92 Software
- 275 Tax
- 138 Bookkeeping
- 7.2K General accounting discussion
- 203 AAT member discussion
- 3.8K For everyone
- 38 AAT news and announcements
- 345 Feedback for AAT
- 2.8K Chat and off-topic discussion
- 584 Job postings
- 16 Who can benefit from AAT?
- 36 Where can AAT take me?
- 42 Getting started with AAT
- 26 Finding an AAT training provider
- 48 Distance learning and other ways to study AAT
- 25 Apprenticeships
- 66 AAT membership