You have the potential to cause yourself a whole load of pain with what you are proposing especially if the companies inter trade labour
I had 2 VAT registered companies running 20 - 25 years ago one traded as an electrical contractor the other was mainly involved in the installation of wireless networks on masts and buildings and because of the nature of the work it involved rope and mast access which opened up opportunities to do electrical work that was only accessible by ropes, this company did work accross Europe and a little bit further afield which quite often created some interesting VAT issues add into this the permanantly employed labour of both companies would often work for either company to cope with the peaks and troughs it did prompt an awkward indepth VAT inspection to check we were not avoiding paying VAT
I would imagine having a company registered for VAT and one not doing exactly the same work would raise some eyebrows when we explained our reasons for having 2 companies which was mainly down to the cost of the working at height insurances some of which were based on turnover following the investigation they were happy with our reasons and we we were left alone
I had 2 VAT registered companies running 20 - 25 years ago one traded as an electrical contractor the other was mainly involved in the installation of wireless networks on masts and buildings and because of the nature of the work it involved rope and mast access which opened up opportunities to do electrical work that was only accessible by ropes, this company did work accross Europe and a little bit further afield which quite often created some interesting VAT issues add into this the permanantly employed labour of both companies would often work for either company to cope with the peaks and troughs it did prompt an awkward indepth VAT inspection to check we were not avoiding paying VAT
I would imagine having a company registered for VAT and one not doing exactly the same work would raise some eyebrows when we explained our reasons for having 2 companies which was mainly down to the cost of the working at height insurances some of which were based on turnover following the investigation they were happy with our reasons and we we were left alone
