Episode 02 · Hospitality

Nobody warned me about VAT

Crossing the VAT threshold cost Tom a quarter of his profit overnight. A frank conversation about the tax cliff nobody plans for, and what he would do differently.

10 July 2026 · 43 min

Audio drops soon

Nobody warned me about VAT

43 min listenRecorded in one sitting, unedited answers
Guest
Tom Beasley, Founder
Business
Beasley Coffee Co
Sector
Hospitality
Stage
Year 3
Based
Sheffield
Numbers
£240k turnover, 8 staff across two sites

Session notes

Tom explains how he restructured pricing after registration and why he now forecasts VAT from day one.