Conference Classification for Flat Rate VAT??

MyriamMyriam New MemberDevonPosts: 10FMAAT, AAT Licensed Accountant
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

Comments

  • RASRAS Well-Known Posts: 124Registered
    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.
  • MyriamMyriam New Member DevonPosts: 10FMAAT, AAT Licensed Accountant
    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.

    m
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