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 Re: VAT Question
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Joined: Jan 2005
Posts: 7,643
Monkey Butt
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Monkey Butt
Joined: Jan 2005
Posts: 7,643 |
Quote:
I have to charge VAT. People not in the know think I get that extra 17.5% myself. Not the case, well not all of it anyway. Every quarter, I get to write a cheque to HM Customs and Excise .... It also means if I'm competing against some bloke who is not VAT registered (for whatever reason ) I get to come out 17.5% more expensive than him. Times like that, I have to rely on wit, charm and my devilish good looks to get the work  I can never compete against the 'friend of a friend' who is prepared to work for pound notes.
Somebody is showing his age, "he means pound coins boys n girls".. 
Ray(UK)
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