Forum

• # 122085
• Wed 01 Jun 2022 07:42 AM

Hi,

My understanding is that if a sole trader is VAT registered in 1 business then the 2nd business is automatically VAT registered with the same number even if it's using a different name as it is the person that is registered.

However, if the 2nd business is VAT except, renting spaces in a commercial building, do the invoices for this business need to be VAT invoices?

Any confirmation, clarification will be much appreciated,

Thanks

Liz

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• # 122097
• Tue 07 Jun 2022 10:41 AM

Smiles said:

“

Hi,

My understanding is that if a sole trader is VAT registered in 1 business then the 2nd business is automatically VAT registered with the same number even if it's using a different name as it is the person that is registered.

However, if the 2nd business is VAT except, renting spaces in a commercial building, do the invoices for this business need to be VAT invoices?

Any confirmation, clarification will be much appreciated,

Thanks

Liz

”

 Hi Liz,

Yes if the sole trader is VAt registered then all of his businesses are VAT registered, they fall under his name not under the business name.

Your second point regarding needing to issue VAT invoices the answer again is yes, it doesnt matter that the second business is exempt, its the sole trader that is VAT registered.

Hope this helps

Kind regards

Linda

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• # 122106
• Wed 08 Jun 2022 10:00 PM

Thank you Linda, I thought that might be the case.

I appreciate you taking the time to answer my query.

Thanks,

Liz

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