Sorry if this has been asked before - but I;ve been loosing sleep on this one..
I'm looking to lower my days in my full time job to three days and with the remaining 2 days I'll freelance.
Does anyone know the procedures VAT wise - can you charge VAT on design? (I'm not VAT registered)... Ive also been told I must register myself as a 'company' too... Is this correct..?
I'm estimating I'll be earning an extra £10k a year - do I need to declare that to anyone??
Sorry about all the questions - the credit crunch at work is making everyone a bit nervous....
