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dd

  • Posts: 2623
Re: Avoid VAT
« Reply #20 on: November 21, 2008, 04:13:07 pm »
Ewan, are you VAT registered?

ftp

  • Posts: 4694
Re: Avoid VAT
« Reply #21 on: November 21, 2008, 04:45:33 pm »
Don't be daft, he's all hot air.  ;D

seandyer2003

Re: Avoid VAT
« Reply #22 on: November 21, 2008, 05:20:19 pm »
Don't be daft, he's all hot air.  ;D

No comment... ;D ;D

Re: Avoid VAT
« Reply #23 on: November 21, 2008, 05:23:54 pm »
OK, We are VAT registered.

I dont see the problem with it! We do a mixture of residential and commercial.

Now the big boys Commercial they love you to be VAT registered, where as your small residential customer wont! Reason is you will be more expensive. Or will you lower your prices to keep your residential customers...?

If you you remain under the thresh hold then you will not need to go VAT registered. No matter how many employee you have.

But be warned if you go VAT and you are sloppy they look for patterns, you must pay on time or you get i think 2 warnings then a fine etc..

Dave

RSWindows

  • Posts: 286
Re: Avoid VAT
« Reply #24 on: November 21, 2008, 05:32:53 pm »
Commercial do prefer the VAT registration, but not so much say if you already do their job for £250 and then you become VAT registered and charge £250 + VAT as even though they are getting the VAT money back it costs them more administartion time for nothing. I've found that if they are paying £250 including VAT then the administration time is worth it as they are claiming back £43.75

danny taylor

  • Posts: 65
Re: Avoid VAT
« Reply #25 on: November 21, 2008, 06:38:29 pm »
only accept cash as payment and dont declare it,no VAT, Sorted................................................................................................................
Exept when they find out, cos they will!

geefree

  • Posts: 6180
Re: Avoid VAT
« Reply #26 on: November 21, 2008, 06:58:25 pm »
I Absolutely love this thread.  ;D ;D


ftp

  • Posts: 4694
Re: Avoid VAT
« Reply #27 on: November 21, 2008, 07:36:27 pm »
only accept cash as payment and dont declare it,no VAT, Sorted................................................................................................................
Exept when they find out, cos they will!



ftp’s style of doing business, because he doesn’t understand any other way, he proves that every time he puts a post up.

 ;D

Not my quote dear boy.  ;D

ftp

  • Posts: 4694
Re: Avoid VAT New
« Reply #28 on: November 21, 2008, 07:45:44 pm »
Watcha talkin about Ewan? Haven't denied what? Who's Tom?