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VAT on expenses charged to Agent

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    #21
    Originally posted by malvolio View Post
    Seriously CBA. You can't argue with a vacuum...
    So to summarize what you are saying:

    I don't pay any VAT.

    My customer doesn't pay any VAT.

    Their customers don't pay any VAT.

    It's just an elaborate purposeless scheme for the customer to send me some money which I send to the government and the government sends back to the customer.

    The government doesn't make any money out of it and it's just a way for us to pass the time and an excuse for getting people off the dole and into government non-jobs in the VAT office?

    It's possible I suppose.

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      #22
      Originally posted by hugebrain View Post
      So to summarize what you are saying:

      I don't pay any VAT.

      My customer doesn't pay any VAT.

      Their customers don't pay any VAT.

      It's just an elaborate purposeless scheme for the customer to send me some money which I send to the government and the government sends back to the customer.

      The government doesn't make any money out of it and it's just a way for us to pass the time and an excuse for getting people off the dole and into government non-jobs in the VAT office?

      It's possible I suppose.
      Thud...thud...thud...

      It's a tax on added value (hint#1: that's why it's called VAT). You have paid VAT on things you have bought, but you get it back again when you sell something. You charge it to people you sell your stuff to by adding it to your invoiced value.

      Ultimately someone pays VAT. It's not you, it's not your supplier and it's not necessarily your client. Who it is I leave as an exercise for the reader (hint#2: the answer has already been posted).
      Blog? What blog...?

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        #23
        Originally posted by malvolio View Post
        Thud...thud...thud...

        Ultimately someone pays VAT. It's not you, it's not your supplier and it's not necessarily your client. Who it is I leave as an exercise for the reader (hint#2: the answer has already been posted).
        Is it the Easter bunny?

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          #24
          RESULT:-)

          Composed a nice email and they are paying the missing VAT by BACS's today

          No need for the baseball bat then:-(

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            #25
            Originally posted by hugebrain View Post
            Is it the Easter bunny?
            If it means the end to this thread, then yes.
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