VAT Reg Number but no records?
Discussion
Anyone can be VAT registered, whether sole trader, partnership, limited company or PLC.
The latter two have to declare that they are limited on any official documents (purchase orders, receipts, invoices) in addition to giving their VAT number.
So if a bloke working alone has a VAT number on his documents but doesn't mention being limited, he's probably a sole-trader.
Why do you ask?
The latter two have to declare that they are limited on any official documents (purchase orders, receipts, invoices) in addition to giving their VAT number.
So if a bloke working alone has a VAT number on his documents but doesn't mention being limited, he's probably a sole-trader.
Why do you ask?
You're confusing VAT registration with company incorporation. Only limited companies need to file accounts; sole traders do not, and sole traders can be VAT registered, either because their turnover exceeds the threshold, or because they registered voluntarily. So don't think that because you're being charged VAT by a non-limited company, you're being scammed.
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