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Discussing daily rate and VAT....

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    Discussing daily rate and VAT....

    Hi,

    I've been in discussions regarding a contract with a outsourcing company when the subject of rate came up. I stated my daily rate and this was agreed as not being a problem. I didn't charge VAT on my last contract as I wasn't registered but I am now.

    My question is -will the outsourcing company expect VAT be added to the daily rate or should I have made it clear that my daily rate was 'plus VAT' ?
    Cheers,
    Spooner

    "A lie gets halfway around the world before the truth has a chance to get its pants on." - Sir Winston Churchill

    #2
    They will expect it to be added.

    Comment


      #3
      IMO, they will expect your rate to be ex-vat and be added to your invoices.
      The "Fit" hits the "Shan"

      Comment


        #4
        Most likely they'll be expecting you to add VAT afterwards.

        Makes no odds to them just part of the great pass it on merry-go-round

        Comment


          #5
          Originally posted by HYpno27 View Post
          Most likely they'll be expecting you to add VAT afterwards.

          Makes no odds to them just part of the great pass it on merry-go-round
          Yes, although it obviously makes a great deal of odds to the OP.

          Comment


            #6
            Originally posted by oracleslave View Post
            Yes, although it obviously makes a great deal of odds to the OP.
            Sure does.

            Thanks for all the reply's.

            What about agents? If I'm quoted a rate of 34 per hour is that including VAT?
            Cheers,
            Spooner

            "A lie gets halfway around the world before the truth has a chance to get its pants on." - Sir Winston Churchill

            Comment


              #7
              Originally posted by Spooner View Post
              Sure does.

              Thanks for all the reply's.

              What about agents? If I'm quoted a rate of 34 per hour is that including VAT?
              Always excluding VAT in my opinion.

              Comment


                #8
                Originally posted by oracleslave View Post
                Always excluding VAT in my opinion.
                seconded.. vat is not your money, it's HMRC's, so when discussing your rate whether a quote for a work project, a hourly or daily rate with either an agent or end business or even when having manhood comparing competitions with other contractors about what you earn, VAT is never included within the rate and always assumed it's added on top.
                The proud owner of 125 Xeno Geek Points

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