Hi Pete, I have a question about VAT. I am not yet VAT registered and not sure when I will be registering. My BulletHQ Account is a VAT account but I have a random number in the VAT section (I forgot I did this when I signed up) and this shows on Invoices, I just realised today. Can this account be switched to a non VAT Account or will I have to sign up again fresh? – If the account switches to a non-VAT account, is it easy to change it to a VAT account in the future when I register for VAT. Also, as I am not VAT registered can I charge VAT to clients on purchases I have made such as website domain name? Or as I am not VAT registered do I have to foot the bill for the VAT on purchases like this. Obviously I am not charging VAT on my services but I have noted the VAT on purchases that I will incur when purchasing for a client. I think I will have to re-issue Invoices. Hope you can help. I am a bit worried about this as I think I may have messed up on this and hope a client does not query this. Thanks.

Hi Pete, I have a question about VAT. I am not yet VAT registered and not sure when I will be registering. My BulletHQ Account is a VAT account but I have a random number in the VAT section (I forgot I did this when I signed up) and this shows on Invoices, I just realised today. Can this account be switched to a non VAT Account or will I have to sign up again fresh? – If the account switches to a non-VAT account, is it easy to change it to a VAT account in the future when I register for VAT. Also, as I am not VAT registered can I charge VAT to clients on purchases I have made such as website domain name? Or as I am not VAT registered do I have to foot the bill for the VAT on purchases like this. Obviously I am not charging VAT on my services but I have noted the VAT on purchases that I will incur when purchasing for a client. I think I will have to re-issue Invoices. Hope you can help. I am a bit worried about this as I think I may have messed up on this and hope a client does not query this. Thanks.

2 answers

Peter Connor Staff November 15, 2016
Public

Hi.
1) Your account can’t be switched back.
2) It’s easy to change from a non vat to vat that’s just in the tax section
3) If your not vat registered you cannot claim vat back.
If your worried you should talk to your account/bookkeeper they’ll need to understand more detail.
If your non vat registered you need to create a new account for Bullet.
Don’t worry about it though. It’s just a mistake.

#answer-4316
  1. Peter Connor November 15, 2016
    Sure we can do that. But let's wait till you have everything sorted. There might be data there you need. When it's deleted it's deleted
  2. Peter Connor November 15, 2016
    It's free. Keep it there forever!
Accountsk November 15, 2016
Public

Thank you, I have a non VAT account & a VAT account so can you delete the VAT account., sorry – hope this isn’t awkward for you. However, I have changed the company name on the VAT registered account so you will know which one to remove. Thank you. I will start again with the non VAT account. Thanks for the advice.

#answer-4317
  1. Accountsk November 15, 2016
    ok, I have actually exported all the data into a zip file and downloaded my quotes and invoices but if you want to leave the account there for now I will message you when I'm done during the week. Thanks for all your help.

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