So first of all, I have to apologise for being such a financial dunce...
Some of my income comes from a traditional salary that is PAYE; and most of it comes from ad hoc, freelance jobs.
Taken all together, the self-employed turnover and PAYE income go over the VAT threshold. So I have a couple of questions:
- Do I need to count my PAYE income when working out if I should register for VAT?
- Do I need to pay VAT on my PAYE income if I register?
I have tried talking to the HMRC helpdesk but their answers aren't very clear or consistent
and I know that if I do have to register fo VAT, I need to do it shortly.
Sorry for the dull question, thanks for reading and huge thanks for any light you can shed on the subject; even a nudge in the direction of an info source that could help would be hugely appreciated,
