treschic
-
Posts
4 -
Joined
-
Last visited
Never
Posts posted by treschic
-
-
I was told that when you complete your yearly tax return, there is a bit on the form where you put in your total AE turnover for the year/period and that they take 29% of that figure to be added to your household revenue income. I'm still in the early stages of looking into the AE scheme so I might be wrong about this, but it might be something you need to know for the future so hope it helps.
-
Gosh I'm in a pickle here!Firstly I was told I would have to pay back all the vat that I'd claimed back from stocks bought whilst running the sarl. This I can understand. The accountant said "not to worry because I haven't claimed much -only from the French and some UK stocks"Then whilst talking about changing our business so that it was only me running it as an AE, she said that because all the stocks were vat free, I'd have to pay vat at 19,6% on every stock we have before we can bring it into an AE structure. This also makes sense because you can't buy stock vat free on an AE.I don't have a prob paying what I'm due but to move from the sarl to an AE and have it costing me approx 6,5k just seems really stupid. I've invested a huge amount of our money into this business and I'm reluctant to put much more into it.Selling it on cheaply to someone outside the sarl sounds good but we'd loose that way unless I could get it back for myself somehow.I could sell off one side of the business (I sell 3 different lines) and getting rid of half the stock would possibly pay for me to keep the other half for myself in an AE. (To be honest- I'm struggling doing 3 different lines on my own anyway.)I only made 19k ttc last year (in effect my first year) and the sarl costs are huge -but sales from Jan-April this year are up by 65% so I may just have to run with it until I can see a clearer way out. Thanks for all your replies anyway. :) :)
-
Hi AllWe want to close down our sarl and re-start the business further down the line as an AE. 30%owned by hubby, 70% owned by me, director. Online shop.We have about 20k of stocks bought from France, UK, Holland and Asia. We've only ever paid TVA on stock bought in France. We've just been told that in addition to it costing us approx 2,5k in admin fees to close the co down, we'll have to pay 19,6% towards the TVA on the 20k stock owned. This is totally different from what I've been previously told, (no TVA claimed, so nothing to pay) so I'm a bit confused.Can anyone advise if this is true or not please?Thanks
Trying another school
in French Education
Posted