vat question !

[defenderjack]

right guys got a bit of question so here goes , !

about 3 months i had my eye on a chipper on ebay which sold for £2000..

this evening ive seen it been sold again for 3000 +vat ?? i know full well it didnt have vat the first time round so are they trying to pull a fast one ??

i know theres nothing wrong with selling and making more money but adding the vat that didnt exist ??????

[Steve Bullman]

if its a different seller then it just means they are vat registered but the original seller wasnt

[Hodge]

if its a different seller then it just means they are vat registered but the original seller wasnt

 

but if vat wasnt paid in the first place then they cant add it on if they sell it on can they??

[defenderjack]

ok cool , i wasnt sure how it worked i thought that might be the case but for some reason i was thinking that it had to have been vat on it all along ,,(blonde moment i think)

cheers steve

[Steve Bullman]

yes of course they can. its the person selling who is vat registered, not the machine.

[defenderjack]

but if vat wasnt paid in the first place then they cant add it on if they sell it on can they??

 

thats a better way of asking my question ! youve made me doubt it again now !lol

[Hodge]

yes of course they can. its the person selling who is vat registered, not the machine.

 

fair enough, im not vat reg so wouldnt know.

[Steve Bullman]

fair enough, im not vat reg so wouldnt know.

 

whats more annoying is for the non vat registered person who buys the machine with vat on it, then has to take a loss when they sell it on with no vat

[treequip]

And if they sell it to someone that is vat registered when he sells it on it gets vat added again and the chancellery gets another bight of the cherry

[b101uk]

Or the person who sells something via e.g. eBay then says VAT will be added but they aren’t VAT registered

 

Or the people who say “VAT will be added to the final sale price” which is not permitted as the sale price MUST include the VAT

 

As eBay is primarily a consumer marketplace, from February 20th 2008, users will no longer be permitted to add VAT to the final item price after the item has been won. ebay.co.uk - VAT

 

Remember that If you're VAT registered, and therefore must charge VAT on the items you sell, the prices visible to buyers in your listings must be inclusive of VAT. ebay.co.uk - 2) Do I have to charge VAT on the items I sell?