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Not Registered for VAT
sls98
Posts: 24 Forumite
in Cutting tax
I'm not registered for VAT and want to trade with someone who is. The products I buy I pay VAT on but I can't charge my customer VAT. How does it work and can we still work together??
Any help greatly appreciated!!
Any help greatly appreciated!!
0
Comments
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You pay the price your supplier asks - ignore the ex-VAT price that you might see. Charge your customer what you want. but don't have any reference to VAT in your prices.loose does not rhyme with choose but lose does and is the word you meant to write.0
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You can still work together, it doesn't effect you.
You pay the price including VAT to your supplier.
You charge your price to your customers, do not charge VAT.
that's it.Cash not ash from January 2nd 2011: £2565.:j
OU student: A103 , A215 , A316 all done. Currently A230 all leading to an English Literature degree.
Any advice given is as an individual, not as a representative of my firm.0
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