For those wondering why exactly Lansing will no longer be acquired by Aerosoft...
Aerosoft seen potential in the quality of Lansing, and potential in myself as a developer - especially considering I am no stranger to Aerosoft as I developed Aerosoft Sacramento and Newcastle.
The deal we had with Aerosoft was cancelled at the very last moment by William Lennox himself.
In the UK, we are not legally obliged to apply for VAT until we earn X amount of taxable income - being our first year in business, we are far away from this threshold and therefore need not apply for VAT.
However, Aerosoft technically demanded I had to have this number on our invoice - however, after briefly explaining the laws about it to William, I was instructed to add a note to my invoice stating that we do not yet qualify for VAT - this was the third invoice I created in order to please the accountants at Aerosoft - I personally asked William to check this before it was sent, to prevent any more delays (this process took a total of 3 weeks!). William then assured me that the invoice is good to be processed and that payment will be sent the next day.
The next day came, instead of being notified payment is on it's way - I was instead notified that the accountants "had trouble processing my invoice" because I had stated that they are doing business with "Aviasim Designs Limited" but must make payments to my personal account as my business account was still limited (being newly opened).
For a well established team such as Aerosoft, we were infuriated by how they could possibly let something seemingly so simple and take no more than a week...to then somehow manage to drag it out over a 3 week period with our invoice being sent back to us multiple times for correction. We then bombarded Aerosoft with information regarding UK VAT laws and why we were unable to process any payment to our business account at that moment in time.
However, William responded stating that the agreement is cancelled because they "can´t see how we can start up a respectful co-operation and partnership following your reactions."
Dear
Aerosoft, perhaps take the time to study VAT laws a bit more carefully, especially when dealing with a new company - surprisingly, a company no more than 3 months old will not have half of the resources and business credentials as you do and therefore, please realise for the next time, that a lot of what you were demanding is simply NOT APPLICABLE.