Plus VAT or not plus VAT?

[malvolio]

Its because he's spokesman for PCG IPSE!

NO I'M NOT and I've never said I was. I'm just a member who happens to think they are doing the right thing. Feel free to disagree but do not mis-represent my position

As for "wrong", those were the rules when I first learned about VAT Accountancy (as an accountant) many years' ago when Tolley's was only two volumes big and were still the rules when I started contracting. And a re-issued invoice or an amendment to one or a rider to an issued one, providing both sides are in agreement about the terms of trade, are equally valid.

So it may be incorrect in terms of current practice, but it's not wrong.

[tractor]

.....

NO I'M NOT and I've never said I was. I'm just a member who happens to think they are doing the right thing. Feel free to disagree but do not mis-represent my position

As for "wrong", those were the rules when I first learned about VAT Accountancy (as an accountant) many years' ago when Tolley's was only two volumes big and were still the rules when I started contracting. And a re-issued invoice or an amendment to one or a rider to an issued one, providing both sides are in agreement about the terms of trade, are equally valid.

So it may be incorrect in terms of current practice, but it's not wrong.

[malvolio]

LOL yourself. How about

NO I'M NOT and I've never said I was. I'm just a member who happens to think they are doing the right thing. Feel free to disagree but do not mis-represent my position

As for "wrong", those were the rules when I first learned about VAT Accountancy (as an accountant) many years' ago when Tolley's was only two volumes big and were still the rules when I started contracting. And a re-issued invoice or an amendment to one or a rider to an issued one, providing both sides are in agreement about the terms of trade, are equally valid.

So it may be incorrect in terms of current practice, but it's not wrong.

Selective quotation is such fun, isn't it...

[tractor]

...

LOL yourself. How about



Selective quotation is such fun, isn't it...

I told you before, when you are in a hole, you should stop digging. You are simply proving the correctness of Tykemerc's statement below.

Selective quotation indeed. Right/wrong, correct/incorrect are binary.

[SpontaneousOrder]

85%?! I think you're in for a nasty surprise.

[malvolio]

I told you before, when you are in a hole, you should stop digging. You are simply proving the correctness of Tykemerc's statement below.

Selective quotation indeed. Right/wrong, correct/incorrect are binary.

Yes, but not synonymous...

[SueEllen]

Selective quotation indeed. Right/wrong, correct/incorrect are binary.

[Ltd]

85%?! I think you're in for a nasty surprise.

OK, how much do you take home?

[Ltd]

Many thanks to everyone replied. Sorry, it looks like my question was poorly worded or at least misunderstood. I think I need to split it into two:

1. If there is a contract advertised to pay £600 a day and nothing is said about VAT, does it normally mean that VAT is included into the rate or does it mean contractor will find £600+VAT in his account for each day? (once VAT registered)

2. What to do while VAT registration pending? - this one is clear.

[prozak]

Many thanks to everyone replied. Sorry, it looks like my question was poorly worded or at least misunderstood. I think I need to split it into two:

1. If there is a contract advertised to pay £600 a day and nothing is said about VAT, does it normally mean that VAT is included into the rate or does it mean contractor will find £600+VAT in his account for each day? (once VAT registered)

2. What to do while VAT registration pending? - this one is clear.

1. All rates are quoted as ex-vat. This is standard procedure for any B2B transaction in the UK.
2. I personally delayed my invoices by a few weeks and then sent them all in with VAT added.