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Author Topic: Any advice for going from agency to Indie?  (Read 1567 times)

MsRedhead

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Re: Any advice for going from agency to Indie?
« Reply #15 on: 24 November 2021, 09:43:47 pm »
£10k is over the VAT threshold. probably not a good idea to be posting anywhere about how you are evading tax (if you aren't registered that is)

neutralC

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Re: Any advice for going from agency to Indie?
« Reply #16 on: 25 November 2021, 02:53:02 pm »
What the fuck does that even mean?
Does it mean now when talking with sums on forum we need to add in brackets (BTW, I do pay my taxes)

Kay

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Re: Any advice for going from agency to Indie?
« Reply #17 on: 26 November 2021, 12:47:13 pm »
What the fuck does that even mean?
Does it mean now when talking with sums on forum we need to add in brackets (BTW, I do pay my taxes)

I think it's just a reminder that if you earn much over 7K a month, you also need to register for VAT.
"There is no sin except stupidity" - Oscar Wilde

neutralC

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Re: Any advice for going from agency to Indie?
« Reply #18 on: 26 November 2021, 08:59:05 pm »
Ok. So I shall start spamming all threads speaking about money about registering for VAT or just plain old tax? That's what we do now?

MsRedhead

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Re: Any advice for going from agency to Indie?
« Reply #19 on: 27 November 2021, 06:09:43 pm »
Ok. So I shall start spamming all threads speaking about money about registering for VAT or just plain old tax? That's what we do now?

I wasn't spamming, just pointing out that for most people, Turing over £10k a month is going to be outweighed by having to register for and pay VAT