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We set up the Ltd Coy in 1998, that was then registered for VAT - has been ever since. We continued to use the partnership, our "wages" come from the Ltd into the partnership, we incurr other expenses in the partnership, and pay tax on whatever the profit is (£90k between us typically). The Ltd invoices the sales, and has always paid VAT in full, on time, since 1998 registration.
We are very scared of whats going on here. Do you know of any specialist in the Portsmouth, Waterlooville area who we could instruct ?