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Hiring a marquee - VAT and cancellation fee

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Comments

  • sheramber
    sheramber Posts: 23,140 Forumite
    Part of the Furniture 10,000 Posts I've been Money Tipped! Name Dropper
    Hi all,

    Thanks for the comments so far. The original quote did have VAT in, and when we asked for a discount/better price, the owner said they are currently going through the VAT registration process but that if we got our deposit in before they completed the registration, then we could save the VAT. It looks like a relatively young business, so I think they're under or just breaking the 85k threshold. I do think they're a legit company!

    That would have been useful information to give in the first post.
  • sheramber wrote: »
    That would have been useful information to give in the first post.

    Sorry this is the first post I've done! :O:(
  • bris
    bris Posts: 10,548 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Hi all,

    they told us they weren't VAT registered yet, so could take the VAT off their quote.

    Thanks!
    It may be that they are nearing the thresh hold so will need to register before the OP pays for the hire.


    If they pay now before they have to register they could then save the VAT because at this point they are not yet registered, Yet being the key word.


    100% cancellation fee is legal if they can't mitigate the loss. you are entering a contract under those terms so be careful what you agree to.
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