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TeaMonsta

Reclaiming VAT - advice please

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

 

Will I pm you my number :001_rolleyes::biggrin:

 

You do that little buddy you're doing real well, keep it up sport :thumbup1:

 

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

 

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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 :biggrin:

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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 :thumbup1:

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