What is the general feelings about vat. I had to go vat registered two years ago, but as I let turnover fall, I can now deregister. I lost a lot of work over that period as well. So been spending to get the vat back on my stuff before end of month. However, was thinking of setting up another company not vat reg for bathrooms etc, and keeping the vat one for emergency work etc. Most punters don't mind paying it for a £50-£100 job but a £3000 bathroom, they just want cash prices and as we all know thats ilegal. Any thoughts?