VAT Registered

[Khriss]

1 hour ago, Rough Hewn said:

Retired climber, what was your business name when you were working?

OnlyFans.Com.

 

K

 

( minted now )

[Mark Bolam]

The VAT man is pretty ruthless Saul.

 

If you sit in the same chair to do the invoices for those three companies they’ll have your arse in a sling, and confiscate the chair.

They literally have more power than the police.

 

Retired Climber has made some very good points here.

 

I’m on your side as well, why should we be tax collectors?

BUT there’s the way it ought to be, and there’s the way it is.

 

FWIW I think if every business was VAT registered, irrespective of turnover, it would level the playing field and simplify everyone’s lives in the long term.

[AHPP]

13 minutes ago, Mark Bolam said:

FWIW I think if every business was VAT registered, irrespective of turnover, it would level the playing field and simplify everyone’s lives in the long term.

Or if it ceased to exist and no business was registered for it.

VAT was introduced in 1973. How ever did these fine islands get by before then?

Edited September 17, 2021 by AHPP

[Pete Mctree]

1 minute ago, AHPP said:

 

VAT was introduced in 1973. However did these fine islands get by before then.

We taxed fairly across the spectrum of earners- so, the rich paid some as did multi-nationals. Radical behaviour I know 🙃

[AHPP]

2 minutes ago, Pete Mctree said:

taxed fairly

No such thing.

[Pete Mctree]

6 minutes ago, AHPP said:

No such thing.

Agreed - two things are guaranteed in life - death & taxes

 

(or something like that)

[AHPP]

2 minutes ago, Pete Mctree said:

Agreed - two things are guaranteed in life - death & taxes

 

(or something like that)

Three things: death, taxes and some peasant with a pitchfork eventually getting sick of the latter.

Edited September 17, 2021 by AHPP

[Mark Bolam]

Fair point lads.

 

I doubt we’ll change it any time soon though.

 

For the record I never said I was a VAT fan.

[spuddog0507]

We all earn money as we have to make a living, but for many many years now i have said we only have it to play with for a very short time as our government and the powers that be only let us have the full value for very little time,,

How long does a £1 actually last ? before the government has got it all back, we are taxed to the hilt in this country with hidden taxes on nearly all every day items/activaties !!

So we are all tax collectors in a way but it just all ends up in the same pot and it aint ours, 

  How many transactions does it take before the government has the whole £1 back in there safe keeping, as i am sure some one some where back in history decided joe public was not fit to have money !!! and that T - - T who decided income tax was a good idea should of been hanged,,,,,

[Steve Bullman]

37 minutes ago, Mark Bolam said:

Fair point lads.

 

I doubt we’ll change it any time soon though.

 

For the record I never said I was a VAT fan.

 Im not sure anyone’s a vat fan, but it’s there all the same. I’m a fan of being registered rather than not being!

 

Every one of those £100 petrol receipts you get when you fill up are just an expense receipt to the non registered. To me they are a £10 voucher, and that’s just the tip of the iceberg