One Business or Two - Watch the VAT man
HMRC will look closely at businesses that are connected by common owners, especially if one or more of the businesses are not registered for VAT. If HMRC believe that the businesses have been artificially separated to avoid VAT then they can assess for VAT due on past transactions if the businesses have not separated successfully, or issue a notice compelling the separate businesses to register as one from a future date. In general, HMRC will apply these rules where the busin