VAT rate cut - will you be passing it on to clients?

[SallyAnne]

I did wonder. I managed 23 days last month but thats just how the calendar fell. I can't remember the last time I did 23 days...

I thought it was about standard (some months are 4 weeks long, some are 5) - I averaged it out.

Must be the way different agencies do it.

I invoiced for 25 days last week!

[Xenophon]

I invoiced for 25 days last week!

Now that must have been a busy week.

[TykeMerc]

VAT isn't part of your rate, you have no option to change from 17.5% to 15% as soon as the rate change is applied.

[EternalOptimist]

VAT isn't part of your rate, you have no option to change from 17.5% to 15% as soon as the rate change is applied.

it's possible that she might have had her tongue in cheek

[TheFaQQer]

it's possible that she might have had her tongue in cheek

No - it's a (whole) Wispa!

[Bagpuss]

Looking at the Poll options, I think it was originally a serious post about the good Labour has done by reducing VAT

[expat]

VAT isn't part of your rate, you have no option to change from 17.5% to 15% as soon as the rate change is applied.

That is true. And, if you are and remain on the Flat Rate Scheme, you have no option to change your payment rate from 13% to 11.5%.

The net effect of these two changes will be a loss to your company (which SallyAnne ironically described as a minus "saving", irony which went right over most people's heads, making me wonder if gcse might not be a little high to aspire to), and the OP question was, will you be passing that on to your client (i.e. by a change in rate).

[Xenophon]

it's possible that she might have had her tongue in cheek

Rimming.

Again.

[SallyAnne]

Are you people for real or is this some 'lets play we've failed maths cse'?

CSE?

Pipe it, grandpa!

[EternalOptimist]

Rimming.

Again.

I told the missus about all this last week, and asked her to give me a 'rimming'
she rode the front wheel of her mountain bike right into me nads, then threw a second hand teabag at me.