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dazmond

  • Posts: 23658
GoCardless adding 20% VAT from september 2020..........
« on: June 02, 2020, 09:25:11 pm »
....another reason not to use them if your a sole trader thats not VAT registered! ::)roll
price higher/work harder!

Ortsa

  • Posts: 84
Re: GoCardless adding 20% VAT from september 2020..........
« Reply #1 on: June 02, 2020, 09:42:24 pm »
source?

dazmond

  • Posts: 23658
Re: GoCardless adding 20% VAT from september 2020..........
« Reply #2 on: June 02, 2020, 09:44:42 pm »
source?

from another forum....a guy put a screenshot up.....
price higher/work harder!

dazmond

  • Posts: 23658
Re: GoCardless adding 20% VAT from september 2020..........
« Reply #3 on: June 02, 2020, 09:47:34 pm »
check your emails lads........
price higher/work harder!

Simon Trapani

  • Posts: 1491
Re: GoCardless adding 20% VAT from september 2020..........
« Reply #4 on: June 02, 2020, 09:54:16 pm »
Yeh I had one yesterday.

Soupy

  • Posts: 19838
Re: GoCardless adding 20% VAT from september 2020..........
« Reply #5 on: June 02, 2020, 10:24:36 pm »
Brutal.

They just recently tried to double my bill.

Sack that.

The Jester of Wibbly

  • Posts: 2097
Re: GoCardless adding 20% VAT from september 2020..........
« Reply #6 on: June 02, 2020, 10:44:09 pm »
Quoted from GC...

Charging VAT on payments
Payments created in GoCardless are the full amount being charged to the customer. We do not add VAT on top of this. As such, if you do need to charge your customers VAT, you will need to incorporate this into the amount you create your payments for.

Please note that VAT applies to all GoCardless fees from 1 September 2020. Please refer to the VAT FAQs for more information.

 
Claim your 50% off your mobile payment card reader with Sum Up.  http://fbuy.me/f7Ve3

johnny bravo

  • Posts: 2672
Re: GoCardless adding 20% VAT from september 2020..........
« Reply #7 on: June 02, 2020, 10:46:58 pm »
ive stopped encouraging my customers using gc    now as they are taking too big a commission.     I have had to increase some prices to cover this.   .   when I first started a few years back it was ok.    They are getting like Virgin media.   seems to creep up .   D.D.  or Bacs  or Paypal, F&F

dazmond

  • Posts: 23658
Re: GoCardless adding 20% VAT from september 2020..........
« Reply #8 on: June 02, 2020, 10:50:03 pm »
if you ve got 300-400 customers on gocardless they ve got you by the balls.......
price higher/work harder!

dazmond

  • Posts: 23658
Re: GoCardless adding 20% VAT from september 2020..........
« Reply #9 on: June 02, 2020, 11:02:56 pm »
ive stopped encouraging my customers using gc    now as they are taking too big a commission.     I have had to increase some prices to cover this.   .   when I first started a few years back it was ok.    They are getting like Virgin media.   seems to creep up .   D.D.  or Bacs  or Paypal, F&F

i offer a few different payment methods

cash/cheque on the day of clean(free)(20%)
BACS(free)(60%)
standing order(free)(5%)
card payment on the day of clean(1.7% transaction fee)(15%)


 
price higher/work harder!

Soupy

  • Posts: 19838
Re: GoCardless adding 20% VAT from september 2020..........
« Reply #10 on: June 02, 2020, 11:08:16 pm »
if you ve got 300-400 customers on gocardless they ve got you by the balls.......

I had nearly 1000.

Sacked them off.

Stoots

  • Posts: 6090
Re: GoCardless adding 20% VAT from september 2020..........
« Reply #11 on: June 02, 2020, 11:32:11 pm »
This was always my worry with go cardless.

I've stopped pushing it since they put the fees up in January and I think now I will stop offering it at all.

Shame as it was a great idea but now not viable for non vat reg businesses.

Soupy

  • Posts: 19838
Re: GoCardless adding 20% VAT from september 2020..........
« Reply #12 on: June 03, 2020, 05:17:46 am »
Smart debit is cheaper. It takes me about an hour a week Vs no time whatsoever on gocardless and you need to know what =vlookup() means.

Tom-01

  • Posts: 1348
Re: GoCardless adding 20% VAT from september 2020..........
« Reply #13 on: June 03, 2020, 07:15:05 am »
Smart debit is cheaper. It takes me about an hour a week Vs no time whatsoever on gocardless and you need to know what =vlookup() means.

Hi Soupy.

Do you use the Bureau DD or managed DD?

Can it be integrated with aworka?

Thanks
Tom

LBWCS

  • Posts: 647
Re: GoCardless adding 20% VAT from september 2020..........
« Reply #14 on: June 03, 2020, 07:37:31 am »
Why suddenly start charging vat? You can’t tell me they have only just become vat registered???

Soupy

  • Posts: 19838
Re: GoCardless adding 20% VAT from september 2020..........
« Reply #15 on: June 03, 2020, 07:45:51 am »
Smart debit is cheaper. It takes me about an hour a week Vs no time whatsoever on gocardless and you need to know what =vlookup() means.

Hi Soupy.

Do you use the Bureau DD or managed DD?

Can it be integrated with aworka?

Thanks
Tom

There's no integration. There is an API available but you'd need to convince a developer to integrate it.

I have a bespoke package.

Soupy

  • Posts: 19838
Re: GoCardless adding 20% VAT from september 2020..........
« Reply #16 on: June 03, 2020, 07:46:15 am »
Why suddenly start charging vat? You can’t tell me they have only just become vat registered???

It's s change in legislation as far as I know.

The Jester of Wibbly

  • Posts: 2097
Re: GoCardless adding 20% VAT from september 2020..........
« Reply #17 on: June 03, 2020, 08:41:05 am »
Stopped pushing GC as my first choice after the last increase in charges that picked on the small transactions.

Only now use it to move slow payers onto.

Claim your 50% off your mobile payment card reader with Sum Up.  http://fbuy.me/f7Ve3

deeege

  • Posts: 4964
Re: GoCardless adding 20% VAT from september 2020..........
« Reply #18 on: June 03, 2020, 08:44:55 am »
Wonder if Lee Pryor having a word with their CEO would sort this situation out 😂
"....and it's lend me ten pounds, I'll buy you a drink, and mother wake me early in the morning."

Suffolkcleaners

  • Posts: 735
Re: GoCardless adding 20% VAT from september 2020..........
« Reply #19 on: June 03, 2020, 08:47:12 am »
Just read this post. So this means for sole traders like myself (Who are well below the VAT threshold)let’s say a £25 house and they will take £5.00 VAT plus there fees is that correct? So will end up with less than £20. I’m going to need to move them back to BACS payments. How annoying!!