The #VATMoss sledgehammer cracking tiny creative nuts

oh my…this EU VAT is tough to understand…I need someone to simply say, do, do that, you’ll be fine! hah!! Spinstar’s blog post makes good reading but really, I just want all the worry to go away 😦

Spinstar Creations

I enjoy writing patterns.  I have several waiting to published, some of which I am planning to offer as paid patterns.  I have no way of knowing whether I will end up selling no patterns, a few patterns or, in the words of Del Boy ‘this time next year we’ll be millionaires…’!  My income as a fledgling self-employed designer, is (very, very, very) unlikely to edge over the threshold for income tax in the UK (about £9,500).  A typical pattern price would be £3 – £4 so that represents sales of 2,400 pattern sales in a year!

Just as I was about to publish my first paid pattern VATMoss/EUVAT raised its ugly head.  The rules on dealing with VAT on sales to Europe are changing and it seems that the smallest businesses have been totally disregarded and are about to be hit hardest – and everyone has to start small at some point!

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About picperfic

I dye luxurious fibre blends for spinners and felters, and sew beautiful bags, project bags and needle/hook organisers to a very high standard, using designer fabrics and then I photograph them!
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