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Do they all charge vat?

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Comments

  • Quentin
    Quentin Posts: 40,405 Forumite
    To add to the pedantic nature of the above post, should an electric supplier manage to add 1 penny onto its bills by rounding up VAT on different items it would NOT affect their profits.

    If they did not declare every penny of the VAT they collected they would be caught during a regular VAT audit of their books and prosecuted for the offence.

    Had sambo not got the electric company to alter their billing software, all those pennies would have ended up with the government and we probably would have been saved being in the mess we now find ourselves in.
  • Leopard
    Leopard Posts: 1,786 Forumite

    Your economics is not as good as your law (usually) is, Quentin.

    Sambo's electricity company would have needed to collect an additional 50 trillion pennies to dig Britain out of the mess Gordon Brown created.

    That's a 5 followed by 13 zeros.

    Counting them at one per second would take 15.85 million years. :cool:

    Don't laugh at banana republics. :rotfl:

    As a result of how you voted in the last three General Elections,
    you'd now be better off living in one.

  • Quentin
    Quentin Posts: 40,405 Forumite
    You have forgotten what would have happened to the pennies when they first would have fallen into the govt's hands, but for Sambo's intervention.

    This concept (of putting pennies to work for you) is all explained in the film Mary Poppins.
  • Leopard
    Leopard Posts: 1,786 Forumite

    Britain's banks (and taxpayers) would most certainly have been better served had they enjoyed the senior management of Mary Poppins.

    A consultancy with Ebenezer Scrooge might also have been propitious.

    I often wonder, Quentin, how our old friends the Ashrafs, of Mobile Outlet notoriety, fared at the hands of Her Majesty's Revenue & Customs when their own little bubble went South Sea.

    Mention of sunnier climes prompts me also to point out that


    The only way you can get around VAT is if you are a VAT registered business and are using the phone for business use, then you can reclaim the VAT. Otherwise, it's just another money spinning trick for the government that you can't avoid.

    was infused, itself, with a degree of pedal marksmanship.

    You can reclaim the VAT if you're a foreign (non-European) resident and domiciled abroad for tax purposes.

    And mention of Scrooge is not entirely inapposite now that the true parsimony of your awarding others Thanks has been exposed for all the world to see. I certainly realised the degree of privilege I had been accorded when you finally awarded one to me. A knighthood would have seemed a commonplace honour in comparison.

    (And after all the ones that Shelby Cobra gave to you, you skinflint. ;) )

    Don't laugh at banana republics. :rotfl:

    As a result of how you voted in the last three General Elections,
    you'd now be better off living in one.

  • Leopard wrote: »
    You can reclaim the VAT if you're a foreign (non-European) resident and domiciled abroad for tax purposes.

    Well yes of course, but I thought that was too complicated to explain here! But you've managed it in just a line! :D Anyway, that's probably slightly off the topic! lol
    Northern Ireland club member No 382 :j
  • cally6008
    cally6008 Posts: 7,629 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    It aint that daft a question to ask.

    I went into the T-mobile shop and specifically asked "is this £25 per month the maximum I will be paying" answer was yes "is VAT included IN the £25 per month" answer was yes ... answer should have been no, we're paying more now with T-mobile than what we were paying for O2
  • cally6008 wrote: »
    It aint that daft a question to ask.

    I went into the T-mobile shop and specifically asked "is this £25 per month the maximum I will be paying" answer was yes "is VAT included IN the £25 per month" answer was yes ... answer should have been no, we're paying more now with T-mobile than what we were paying for O2

    The VAT WILL be included in the price you see in the shops unless it was a business shop for business customers. Which is unlikely. Therefore the reason you are paying more must be because you are going over your allowance or you have got an bolt on or insurance or something like that. It won't be down to VAT
    Northern Ireland club member No 382 :j
  • You should be able to negotiate the VAT into your contract. I did this with Vodafone a while ago as I said I wanted to pay x amount INCLUDING VAT. They did this easily, tbh, all networks can offer you whatever they want as they will always be desperate to keep your custom these days. Everyone owns a mobile now so try and negotiate the VAT too!
  • cally6008
    cally6008 Posts: 7,629 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Definitely NOT going over either allowance on either phone.

    Bill states monthly price for contracts ... Then VAT is added on top of this.
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