You are required to register for VAT if your sales exceed £61,000 in any twelve-month period. When you become self-employed you only need register for VAT if you think you will make an income within a short space of time of £61,000, i.e. you have suddenly be offered a huge commission and you know your income is going to be over this limit.
If at the end of the financial year you have reached a sum very close to £61,000 you need to register as soon as possible. You need to apply for the forms from your local Customs & Excise office, see (address and number listed for central help line). You can be fined by Customs and Excise if you fail to do so. You can only charge VAT if you are VAT registered at the current rate of 17.5%. More information is on the Her Majesty's Customs and Excise website's Introduction to VAT pages.
Tel: 0845 010 9000
Tel: Self assessment helpline: 0845 60 55 999
Website: www.hmrc.gov.uk
Website: www.hmrc.gov.uk/bst
Government department (amalgamation of old Customs and Excise with Inland Revenue) responsibile both for collecting personal taxation and customs tariffs. Provides comprehensive information on its functions and your legal responsibilities in paying tax. Services for UK companies trading overseas with little or no exporting experience, from initial queries and market research to advice on finding the right contacts, export procedures and legal issues. Information on VAT and exporting of artworks, national insurance, statutory maternity leave, sick pay and all other personal tax matters. It is your responsibility to register if you are self-employed, by telephoning your nearest office or checking the site - your tax office will then send you the relevant forms and on receipt of them will issue you with a tax reference number. For enquiries or help with your tax return outside office hours, telephone 0645 000 444 or see the IR website for general guidance. Local Business Support Teams (for businesses, as opposed to freelancers/sole traders) provide help and advice to new or small businesses and employers, on topics such as payroll, employment and tax. Free workshops and one to one consultations are available.
Listing ID: 1356
Website: www.digita.com/taxcentral
Online tax advice and calculation
Listing ID: 2083
Charity Commission Direct, PO Box 1227, Liverpool L69 3UG - Google Maps
Tel: 0845 3000 218
Fax: 0151 7031 555
Website: www.charity-commission.gov.uk
The Charity Commission is the independent regulator for charitable activity enabling charities to maximise their impact; ensuring compliance with legal obligations; encouraging innovation and effectiveness; championing the public interest in charity and to promote the public's trust and confidence. Their website has a wealth of information and advice for existing charities and people interested in setting up a charity.
Listing ID: 2095
Website: www.netaccountants.com/vat.html
Listing ID: 2096
Website: www.taxcentral.co.uk/taxcentral/home/vat/vatcalculator/default.asp
Listing ID: 2097
Tel: 0191 241 8000
Email: AIR@a-n.co.uk
Website: www.a-n.co.uk
The Artists' Insurance Policy (AIP) arranged by a-n magazine on behalf of AIR members through Hencilla Canworth Ltd, can be purchased by artists with an a-n+AIR subscription. It offers cover for artwork and materials, studio and contents, and employers' liability at a highly competitive price.
Listing ID: 3834