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Beginner July 2008

New business, buying as trade QQ

*Clairejk, 4 December, 2008 at 13:29 Posted on Off Topic Posts 0 7

H has registered his business but can't buy stock as he doesn't have his 'number' where/how does he get this?

Thank you xx

7 replies

Latest activity by *Clairejk, 4 December, 2008 at 14:09
  • Bohemian Raspberry
    Beginner July 2009
    Bohemian Raspberry ·
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    I can only assume they mean his VAT registration number?

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  • Ice Queen
    Beginner January 2007
    Ice Queen ·
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    Has he registered a limited company or self employed?

    What number are they asking for?

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  • H
    Beginner
    Headless Lois ·
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    Where has he registered his business? If with companies house, then as a ltd co he will have a company registration number. It with VAT he'll have a vat registration number

    L
    xx

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  • *
    Beginner July 2008
    *Clairejk ·
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    Thanks everyone, he registered as a sole trader with HM Revenue&Customs? How does he prove he's a business and not Joe Public to people who will only sell to trade?

    Thanks again

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  • Ice Queen
    Beginner January 2007
    Ice Queen ·
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    Well he will struggle if he's a sole trader as he won't get anything official from HMRC

    If he registered for VAT that would probably do the trick

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  • H
    Beginner
    Headless Lois ·
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    He needs to tell them he's a sole trader and ask if his letterhead or similar will do the trick. They must come across this all the time

    L
    xx

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  • Ice Queen
    Beginner January 2007
    Ice Queen ·
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    I agree with Lois - ask them exactly what they require

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  • *
    Beginner July 2008
    *Clairejk ·
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    Thanks everyone, that's really helpful xx

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