New national firewood supplier

[Chris Sheppard]

Buying cordwood to process and resell attracts Vat at the standard rate (currently 20%).

 

Vat is charged at 5% for processed firewood when sold to a domestic customer who is not going to resell the product.

 

 

That was my understanding too

[Alycidon]

Prices from Tilhill were £60 PLUS VAT delivered. Cord is charged at 20% when buying for resale. If you are buying as the end user ie burning it yourself then 5% applies. Dont forget that you would have to be able to justify this to a VAT inspector at some point in the future. Buy at 5% for resale and the VAT will be looking to your supplier for more tax and will levy a fine of at least the value of tax undercharged having audited his books for the last 7 years.

 

If anyone can get me hardwood delivered on a crane trailer to Northampton area at £45 plus VAT per ton in 25 ton loads then I will have some.

 

A

[Johny Walker]

Prices from Tilhill were £60 PLUS VAT delivered. Cord is charged at 20% when buying for resale. If you are buying as the end user ie burning it yourself then 5% applies. Dont forget that you would have to be able to justify this to a VAT inspector at some point in the future. Buy at 5% for resale and the VAT will be looking to your supplier for more tax and will levy a fine of at least the value of tax undercharged having audited his books for the last 7 years.

 

If anyone can get me hardwood delivered on a crane trailer to Northampton area at £45 plus VAT per ton in 25 ton loads then I will have some.

 

A

 

your having a lough arnt you