Reclaiming VAT - advice please

[kevinjohnsonmbe]

[ATTACH]218331[/ATTACH]

Calculations sent from my hot tub !

 

Slam-dunk!

 

No further witnesses.

 

The case for the prosecution rests M'Lord.

[skyhuck]

I was thinking about jacking the logs in and becoming a financial advisor

 

Will I pm you my number

 

You do that little buddy you're doing real well, keep it up sport

 

Just incase you don't get the reference, just watch the last minuet

 

[ame]

[/ame]

[Stephen Blair]

If your vat registered

 

Op never did say

 

The OP posed the question ( if he was vat reg )

[Johny Walker]

I think the thing none vat registered people forget is that they are paying HMRC virtually every time they buy anything.

 

At least if your vat registered you get to claim some of it back:biggrin:

 

but yr paying the vat man on yr sales , they arnt so it prob evans its self out over the course off time

[Steve Bullman]

You're paying the vat man money you've collected on their behalf. Not money out of your own pocket. Being vat registered is win win all rounds

 

 

Sent from my iPhone using Arbtalk

[better dayz]

The OP posed the question ( if he was vat reg )

 

I missed that bit

[better dayz]

Just incase you don't get the reference, just watch the last minuet

 

 

Retarded really?

[gensetsteve]

Something that did take me a while to realise is if I hire someone who is not vat registered looks as if I am loosing out. But in reality although you have no vat to recover on there invoice the whole lot off sets your tax bill so closes the gap on the difference. Hope that makes sense if someone can explain better please do

[SPC Trees]

Can anyone find an official page saying that VAT on firewood to end user can be charged at 5%? My accountant doesn't know!

[Steve Bullman]

https://www.gov.uk/guidance/rates-of-vat-on-different-goods-and-services#power-utilities-energy-and-energy-saving-heating

 

oh, and get a new accountant if they cant perform a simple 20 second google search