This was the question:-
When the units are divided between us by the court, of which we are both 50% joint owners, probably two and three each, how will this affect the transfer to my ex wife with regard to vat ?
"the transfer to my wife"
Sorry but your answer is not correct according to the vat office, and was misleading to say the least, hence your negative.
You suggested that I split the business, you read I stated I was a sole proprietor in your reply below.
"Now, as I further understand, you are now going through a divorce and the company stands liquidated and currently you are now reclaiming VAT as a sole trader".
"What I addressed the issue would be the scenario after the split and transfer of title."
Rakhi, my question did not ask what was going to happen after the split, it asked about the transfer of title`s, and then you suggested I split a sole trader business.
I understand that your remuneration may be small, but if you pursue this line of work the answer`s have to be accurate.
I have run a vat business for over 30 years, so have a very fair understanding of the system.
Best regards L