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Do they all charge vat?
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But 15% VAT is the same whether it's charged per account or per number. Your bill at Tesco is the same whether they charge you 15% VAT on each item in the basket, or on the total.
Yes, all providers charge VAT. The VAT threshold is £67,000 and I don't think even with the credit crunch you'll find any of them are turning over less than that.No free lunch, and no free laptop0 -
worried_jim wrote: »Is this a wind up?
What, that someone believes that not all companies charge VAT?Northern Ireland club member No 382 :j0 -
Money_Grabber13579 wrote: »What, that someone believes that not all companies charge VAT?
If you ask nicely and offer cash Vodaphone will do you an under the counter deal- don't say I told you.0 -
worried_jim wrote: »If you ask nicely and offer cash Vodaphone will do you an under the counter deal- don't say I told you.
How'd you mean? In a shop or over the telephone? Surely that won't work because it will all be centralised billing.
And publishing it on a public forum kind of ensures everyone knows about it! :rotfl:Northern Ireland club member No 382 :j0 -
I can see we're going to have to work on this humour thing. . .0
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I highly doubt that it will be an under the counter deal, it might be more along the lines of "we'll give you a discounted price" but I'm sure they're not into tax evasion. The consequences for them would be disastrous.Northern Ireland club member No 382 :j0
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Money_Grabber13579 wrote: »Ok, you've lost me now! Care to explain?!
the thread is a wind up !!!!!!!!!!!!0 -
But 15% VAT is the same whether it's charged per account or per number. Your bill at Tesco is the same whether they charge you 15% VAT on each item in the basket, or on the total.
Just to be pedantic, but rounding errors can mean that there is quite a difference between VAT on each item and VAT on the total - the difference being as much as +/- 1/2p per item! I used to work for an electricity supplier and they tried to introduce VAT on individual items in order to maximise their profits - 1p or 2p per bill really adds up over the long run. As a software tester I pointed out this was an error in the software and got them to fix it0
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