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Ah yes, the classic "reverse engineering" (read: blatant design theft) turned into a quick profit scheme. Peak entrepreneurship. Their X profile proudly displa

Ah yes, the classic "reverse engineering" (read: blatant design theft) turned into a quick profit scheme. Peak entrepreneurship. Their X profile proudly displays "UK-based" while conveniently ignoring basic UK business regulations: no company information, no proper invoicing, no VAT details for B2B sales, and mysteriously missing business address requirements. Looks suspiciously like someone running an under-the-table operation, courting legal trouble not just from the original designers they're "inspired by," but from Her Majesty's Revenue & Customs who tend to take a rather dim view of tax avoidance.

matsz 1y ago
> Her Majesty's Revenue & Customs Nitpick: the "H" in HMRC stands for "His", since it always changes to match the current monarch.
- sdoering 1y ago
  Yeah - you are right. I still think of "The Queen". Still not being used to the Brits now having a King again.
davethedevguy 1y ago
I agree with most of what you said, but just want to clarify for others that VAT registration is optional until revenue is high enough to reach the threshold. Not being VAT registered when starting out is not necessarily a sign of a tax dodge.
- makingstuffs 1y ago
  This is correct. You do not need to register a business for VAT in the UK unless you hit a specific threshold of income (I think £80k was the figure when I last checked)
crmi 1y ago
These are not required for self employed (nor is VAT registration up until certain revenue, as gp points out). However given nature of business and potential liability, seems LTD company should be the route to take.
- armedin 1y ago
  Thanks for the advice, I'll look into that
armedin 1y ago
Thanks for pointing out the regulations part, I didn't realise I was giving that kind of impression. To be honest, it's my first time doing something like this, and I'm going to take the necessary steps as things grow.

matsz 1y ago

> Her Majesty's Revenue & Customs Nitpick: the "H" in HMRC stands for "His", since it always changes to match the current monarch.

sdoering 1y ago
Yeah - you are right. I still think of "The Queen". Still not being used to the Brits now having a King again.

davethedevguy 1y ago

I agree with most of what you said, but just want to clarify for others that VAT registration is optional until revenue is high enough to reach the threshold. Not being VAT registered when starting out is not necessarily a sign of a tax dodge.

makingstuffs 1y ago
This is correct. You do not need to register a business for VAT in the UK unless you hit a specific threshold of income (I think £80k was the figure when I last checked)

crmi 1y ago

These are not required for self employed (nor is VAT registration up until certain revenue, as gp points out). However given nature of business and potential liability, seems LTD company should be the route to take.

armedin 1y ago
Thanks for the advice, I'll look into that

armedin 1y ago

Thanks for pointing out the regulations part, I didn't realise I was giving that kind of impression. To be honest, it's my first time doing something like this, and I'm going to take the necessary steps as things grow.