uk-netmarketing Archive (2011-2015)
[uk-netmarketing] VAT questions
Miko Coffey miko.coffey at gmail.comMon Mar 31 10:45:37 BST 2014
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Hi Caroline, I have been using Freshbooks for the last 5-6 years and love it... here's a (now very old) blog post about it: http://www.usingmyhead.com/2009/09/02/online-accounting-winner-freshbooks/ Key points I love: - Integrated timetracking tool, with an app for on-the-go billing - Set price/rate per project, per task or per client - Sends automatic reminder emails - Recurring billing Good luck! Miko On 29 March 2014 14:58, Caroline <caroline at radarmusicvideos.com> wrote: > Dear All > > Thanks so much for your excellent advice and suggestions, you're all great > and it's very much appreciated. > Hope you do a blog post Sam, that would be very useful! > > very best > > Caroline > :) > > > > > Caroline Bottomley > > Managing Director > Radar Music Videos <http://www.radarmusicvideos.com/home> > Twitter <https://twitter.com/radarmusicvideo> > Radar connects labels and artists to talented new music video directors > worldwide > Winner European Lovie Awards <https://www.peopleslovie.eu/#music-0> > Winner Best Music Start-Up<http://4pt5.com/radar-music-videos-wins-the-music-4-5-pitch-competition/> Music > 4.5 > Mailing list <http://eepurl.com/1Nzs> - the business of music video > > > > > > On 28 Mar 2014, at 17:37, Dr Benjaman Schogler <ben at skoogmusic.com> wrote: > > Xero is awesome really easy to use and great reporting > > Sent from my iPhone, please excuse brevity and typing errors. > > On 27 Mar 2014, at 12:16, Alan Newman <alan at sensibledevelopment.com> > wrote: > > Hi, > > In terms of accounting packages you might want to look at some of the > online accounting services that have sprung over the past year. Xero.com<http://xero.com/>seems to be the most popular and one that we are just about to start using > (finally we get to move away from the ridiculous Sage). > > VAT - from a pricing strategy point of view it depends who your audience > is. If you are consumer facing then charge everyone VAT and then take the > profit for those territories where it isn't applied. It would at least be > consistent. If you don't increase your prices you are effectively > increasing your costs as you try to absorb the VAT that you will have to > pay. > > For the technicalities I would always listen to my accountant. We charge > the VAT based on client location. So for our North American clients we > charge VAT at 0%. For Europe it depends - it can be done on a marginal > scheme or not charged at all - it's always a bit trickier and not so cut > and dried. > > In terms of applying to become registered my understanding is that you > have to apply when you predict you will exceed the current threshold in the > next quarter. > > There are lot of benefits to be VAT registered - it was a no brainer for > us - your office rent becomes cheaper for one! > > Regards, > > - Alan > > > > On 25 Mar 2014, at 08:04, Caroline wrote: > > Hello Chinwaggers, > > We're beginning to get close to the VAT threshold, so we're having to > consider thorny issues of pricing. > But there are other questions too, you might have some advice to share? > > Book-keeping > I currently run our book-keeping on Google Docs. Now might be a good time > to swap to something like Quickbooks. > Any suggestions on accounting software, preferably free software? > > Rules > When should we apply VAT and when shouldn't we? Our accountant has advised > the preferred rules are to apply VAT only to sales to UK residents, but > that HMRC sometimes take a different view and to check. I guess the budget > announcement makes this preference law? viz: > > ""As announced at budget 2013, the government will legislate to change > the rules for the taxation of intra-EU business to consumer supplies of > telecommunications, broadcasting and e-services. From 1 January 2015 these > services will be taxed in the member state in which the consumer is > located, ensuring these are taxed fairly and helping to protect revenue." > > Any advice from anyone on how to easily spot where your blumming customers > live? We use Paypal & Paypoint. > > > > > Any other words of wisdom on the headaches & otherwise of becoming a fully > fledged VAT registered company > > Many thanks all, as ever :) > > Caroline > > > > > Caroline Bottomley > > Managing Director > Radar Music Videos <http://www.radarmusicvideos.com/home> > Twitter <https://twitter.com/radarmusicvideo> > Radar connects labels and artists to talented new music video directors > worldwide > Winner European Lovie Awards <https://www.peopleslovie.eu/#music-0> > Winner Best Music Start-Up<http://4pt5.com/radar-music-videos-wins-the-music-4-5-pitch-competition/> Music > 4.5 > Mailing list <http://eepurl.com/1Nzs> - the business of music video > > > > > > ~~ Chinwag Jobs: Find your perfect new job or next team member ~~ > > Chinwag Jobs is the leading specialist recruitment website for digital > roles in the UK. Used by major companies such as BBC, Electronic > Arts, Kingston University as well as the majority of recruitment > agencies who place staff in the sector. > > Take a look through our listings or register to advertise your > own vacancies today. > > CHINWAG JOBS: http://jobs.chinwag.com > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ > You're subscribed to uk-netmarketing to change your options or > unsubscribe: https://mm.chinwag.com/options/uk-netmarketing > > uk-netmarketing discussion list is powered by http://chinwag.com > > > > www.sensibledevelopment.com - online auction development that looks good > and works in real time. > > > twitter: twitter.com/alannewman > linked in: www.linkedin.com/in/anewman > email: alan at sensibledevelopment.com > > land: +44 (0)1273 621110 > mobile: +44 (0)7711 006551 > > > > > > > > > > > > > > > > > > ~~ Chinwag Jobs: Find your perfect new job or next team member ~~ > > Chinwag Jobs is the leading specialist recruitment website for digital > roles in the UK. Used by major companies such as BBC, Electronic > Arts, Kingston University as well as the majority of recruitment > agencies who place staff in the sector. > > Take a look through our listings or register to advertise your > own vacancies today. > > CHINWAG JOBS: http://jobs.chinwag.com > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ > You're subscribed to uk-netmarketing to change your options or > unsubscribe: https://mm.chinwag.com/options/uk-netmarketing > > uk-netmarketing discussion list is powered by http://chinwag.com > > ~~ Chinwag Jobs: Find your perfect new job or next team member ~~ > > Chinwag Jobs is the leading specialist recruitment website for digital > roles in the UK. Used by major companies such as BBC, Electronic > Arts, Kingston University as well as the majority of recruitment > agencies who place staff in the sector. > > Take a look through our listings or register to advertise your > own vacancies today. > > CHINWAG JOBS: http://jobs.chinwag.com > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ > You're subscribed to uk-netmarketing to change your options or > unsubscribe: https://mm.chinwag.com/options/uk-netmarketing > > uk-netmarketing discussion list is powered by http://chinwag.com > > > > ~~ Chinwag Jobs: Find your perfect new job or next team member ~~ > > Chinwag Jobs is the leading specialist recruitment website for digital > roles in the UK. Used by major companies such as BBC, Electronic > Arts, Kingston University as well as the majority of recruitment > agencies who place staff in the sector. > > Take a look through our listings or register to advertise your > own vacancies today. > > >> CHINWAG JOBS: http://jobs.chinwag.com > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ > You're subscribed to uk-netmarketing to change your options or > unsubscribe: https://mm.chinwag.com/options/uk-netmarketing > > uk-netmarketing discussion list is powered by http://chinwag.com > -- --------------------------------------- Miko Coffey, BFA FRSA Independent Web Consultant http://www.usingmyhead.com email: miko at usingmyhead.com Freelance Photographer http://www.mikocoffey.com/photography email: mail at mikocoffey.com phone: +44 (0)20 8678 0860 mobile: +44 (0)794 100 5431 skype: miko.coffey twitter: mikosoft -------------- next part -------------- An HTML attachment was scrubbed... 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