Vat increase

[ukminch]

We've just renewed a few grounds maintenance contracts and we were told it would be an automatic renewal if we sucked up the 2.5% rise. Otherwise we'd have to tender. As a business decision I decided to accept the slight loss to myself to guarantee myself a certain amount of work.

 

R

[Rupe]

Is the contract with a non vat registered organisation/group/person? If so then thats a fair request, and your decision, but if its for a vat registered then it should make no difference.

[likeitorlumpit]

Is the contract with a non vat registered organisation/group/person? If so then thats a fair request, and your decision, but if its for a vat registered then it should make no difference.

 

quite right and if they are vat registered then they are using the request pointlessly

[Cracker]

a lot of my work is regular contracts, so if i dont increase my rate im working for less!!

 

CPI has been over 3% this year so add that on too.

[roseyweb]

I'm thinking of putting my day rates up for the subby bits I do, but I've been considering that for a while,

Think i'm gonna have a kit buying binge before it goes up

[Treeworld]

Its not only VAT you should be looking at there is also general inflation on living costs. If you don't have a slight increase year on year then really we all work for a little less each year.

[likeitorlumpit]

Its not only VAT you should be looking at there is also general inflation on living costs. If you don't have a slight increase year on year then really we all work for a little less each year.

 

And thats exactly what we're doing and have been for 2 years now

pays the piper calls the tune - dance baby