[craigp]

....if you are VAT registered the final figure should (by law) include the VAT

is that not the case commercial to commercial? as many of our suppliers give price exc. VAT as do Makro, Viking Diect and the like,

Craig

[Liahona]

I thought that an interesting comment from Derek too.  I have been registered for the 2 years I have been back in this country and for 15 years previously.  Many a time figures and pricing is done with out the VAT.  With a lot of suppliers that we refer to on here as well.  Granted when it comes to a final bill or grande total the VAT has been included but in the mean time a base figure is dealt with and this is before the VAT.  As Craig has said, go to Costco's and the like and they deal with a before VAT figure.  I am not knocking anyone for how they do pricing but a company we deal with will say their truck mount is, £15,000 but when it comes to the nitty gritty it is £17,625.  I charge VAT right from the start so as not to cause confusion but if it is law to have to have it as Derek has suggested then there are a boat load of people and company's breaking the law.  Best, Dave. 

[Dave_Lee]

The domestic customer wants to know what its going to cost. That means inclusive of everything cost. I am sure everyone has had the occasion when the person that is actually doing the paying has left a cheque or the cash to the amount stated. It is a bit late to then add the vat, and if you do, will that customer be calling on you, next time?
Dave.

[Liahona]

Dave, no I am sure they wont which is why my prices are inclusive of VAT.  My point was about the legalities.  Best, Dave.

[mark_roberts]

When I give a price for residential its the price they pay and i never mention VAT.  For commercial i give them the net price and then the price including VAT.  VAT isnt an issue with commercial.

Ian

Do you use the Fast track maintenance plan and computer programme.

Mark

[Derek]

Hi Guys

That is what I meant to say the final figure should always include the VAT... It is quite wrong to quote a figure to a customer exclusive of VAT then load it on at the end.

Business to business shouldn't be a problem as it can be recovered but the domestic customers don't have this option

I hope that is a little clearer

[Ian Gourlay]

Mark if you mean me I mean Fastrack or variations

I think Dave Lee has explained the pitfalls on another post, which I agree with.

[spindle]

what is the legal turnover before you have to register for vat??

[Nick Johnston]

£61,000

[ian loughlin]

If someone is earning less than £61.000 why would they charge vat.?

Whats the benefits of vat.

Im just starting out should i charge it...?

[Doug Holloway]

Ian,

If you were doing almost all commercial then VAT registration would be an advantage because you could claim back VAT on equipment, chemicals, fuel etc.

However if you are mainly domestic then the extra you would have to charge domestic customers , who could not claim it back would outweigh any benefits.

In short unless you are commercial orientated don't register for VAT until you have to.

Cheers

Doug