bruce tree
-
Posts
3 -
Joined
-
Last visited
Content Type
Profiles
Forums
Classifieds
Tip Site Directory
Blogs
Articles
News
Arborist Reviews
Arbtalk Knot Guide
Gallery
Store
Calendar
Freelancers directory
Posts posted by bruce tree
-
-
you may find that he is close to the threashold. He may be quoting VAT because he will eventually have to pay it when he becomes registered.
its a difficult time when you are close to the threshold, if you send out quotes and the client doesnt get back to you for 3-4 weeks, you may have to add 17.5% to the original price!!
-
have a look at the flat rate scheme, you only pay a percentage of your turnover and claim back on purchases of £2000+. less paperwork and more profit!
I don't see the point of vat registration.Corect me if I'm wrong, but you will always owe more vat than you will be owed?
Therefore, you are just a tax collector for the revenue.
Why have the extra headache.
You turn over 70K + vat.
You have purchases of 35k + vat
You pay the tax man 12.2K
He gives you back 6.1k
You are no better off
Top Handled saws.
in General chat
Posted
simple...dont cut with the tip of the bar and you wont get kickback!!