Quote:
Originally Posted by elcreative
Get VAT registered... it's called having a business and gives the privilege of wasting time every three months to collect tax for the government and/or claim back VAT paid out on purchases... not required if turnover under something like £55-75K per annum, not sure exactly what current limits are...
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not a great idea
1. could you convince a suspicious VAT inspector that a Sony e-reader is essential to your business & is only for business use?
2. once you register for VAT you have to charge it & collect it. ( I am a self employed guitar teacher - I doubt my students would appreciate paying 20% extra per lesson!)
back to the demo thread. an unscrupulous trick would be buy the demo model. drop it from a great height , return it under the 3 month guarantee & have it swapped out for a brand new one. too sneaky for my tastes though!