Dog Grooming Business Help & Support Taking the FEAR out of VAT with Helen Davey
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May 25, 2021 Helen Davey, a lifelong pet groomer and owner of Millionhairs in Bath, shares her journey of navigating VAT in the dog grooming business. She discusses how initially avoiding VAT held her back and emphasizes that registering for it can actually be a milestone for growth. Helen reveals the importance of transparent pricing and managing client relationships when implementing changes. The conversation also highlights overcoming fears and setbacks in entrepreneurship, illustrating how bravery and adaptability are key to a thriving grooming business.
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Quote VAT-Inclusive Prices Confidently
- Present VAT-inclusive prices clearly and confidently to customers.
- Treat being VAT registered as a positive sign of an established and competent business.
Separate VAT Funds Promptly
- Immediately set aside VAT collected into a separate savings account.
- Treat VAT money as a tax bill payment, never mixing it with business profits.
Use Accountants for VAT Ease
- Hire an accountant to handle VAT paperwork and reduce stress.
- Maintain a close relationship to quickly resolve questions and stay tax efficient.
