Employing 1 person across 2 companies

[DSLiverpool]

Guys my club needs a marketing person 2 days and my agency 3 days.

What’s the most financially tax efficient way to do this please?

If I invoice one company for her time it’s lost VAT - no?

[Eric Mc]

Are both operations VAT registered?

[DSLiverpool]

Eric Mc said:

Are both operations VAT registered?

Yes Eric both are.

[AB]

Dave, the way we did it was employed by one business and the other invoiced for time/management charge. Both companies VAT registered so VAT is pretty much irrelevant.

[DSLiverpool]

AB said:

Dave, the way we did it was employed by one business and the other invoiced for time/management charge. Both companies VAT registered so VAT is pretty much irrelevant.

Ta

[Eric Mc]

DSLiverpool said:

Eric Mc said:

Are both operations VAT registered?

Yes Eric both are.

As AB says - one entity charges VAT on the "services rendered" invoice and the other reclaims the same VAT.

Net position - Zero VAT liability.

[DSLiverpool]

Brilliant thanks chaps. Now who to employ