VAT Increase

[Highland Forestry]

Why? You can claim it all back.

 

The VAT increase should not impact retail firewood prices at all.

 

Yes but it is an extra 2.5% of anything we purchase that we have to lay out for three months in credit..

[dave fox]

if your vat registerd

[likeitorlumpit]

Yes but it is an extra 2.5% of anything we purchase that we have to lay out for three months in credit..

 

You can't have it all ways

Anything you sell at 20% VAT is money in the bank for up to 4 months

Provided they are quick paying customers

[Highland Forestry]

You can't have it all ways

Anything you sell at 20% VAT is money in the bank for up to 4 months

Provided they are quick paying customers

 

Firewood customers pay quick..... some of my larger clients take 3 months!

[Justme]

if your vat registerd

 

 

If you are just doing firewood you should be.

 

Every thing you buy has VAT on it at 20%, yet every thing you sell has it at 5%. You get to sell 4 times what you spend before you will pay any VAT to the tax man. Under 4 times & you get a refund.

 

Daft not too.