Newbie Question - Quote Rate Including/Excluding VAT?

[AtW]

And is there a private joke I'm missing there?

Yes.

But don't be afraid - if you manage to stay unbanned by the time you make 20 or so posts, then you'll learn when to laugh, when to clap and most importantly when to shut up.

Welcome to CUK.

[MarillionFan]

Yes.

But don't be afraid - if you manage to stay unbanned by the time you make 20 or so posts, then you'll learn when to laugh, when to clap and most importantly when to shut up.

Welcome to CUK.

Unless you look like a prawn, at which point after 20000 posts you still wouldn't have figured it out.

[Paddy]

your rate should not include VAT.

you claim VAT from the client at the standard rate, you pay the tax man at the flat rate, the client claims it back from the tax man.


there is lots of paperwork and bollocks, we make a little, the taxpayer loses a little

its a typical blivet by government

I maybe be wrong, but charities can not claim back VAT. In which case having a company not registered for VAT will save the end client 20% if you go direct with them.

[swamp]

I maybe be wrong, but charities can not claim back VAT. In which case having a company not registered for VAT will save the end client 20% if you go direct with them.

Neither are banks. But you'll only be able to work three months a year

[Masher]

Neither are banks. But you'll only be able to work three months a year

Does anyone know the situation for life assurance companies?

[EternalOptimist]

I maybe be wrong, but charities can not claim back VAT. In which case having a company not registered for VAT will save the end client 20% if you go direct with them.

er.. how will this save the end client 20% ?