Just priced up a job rang the lady with quote she asked is that including V.A.T I said yes but not exactly sure about all this kind of thing doesn't the V.A.T only affect her...sorry if this a stupid question but I'm rubbish at all that stuff. I can't really add on another 17.5 % now I still have to pay the 20% so I've done myself over?
V.a.t
- Thread starter rycarr
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Deleted member 23452
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Are you VAT registered?
Dansouthcoast84
Private Member
You only add vat if your vat registered.
if no its £xxx
if yes its £xxx +20%.
Yea vat will only affect her as she will be paying extra 20%
you benifit if registered in the way of any vat you pay. I.e material fuel services you will get that 20%vat back every quater of tax year.
Vat reg is good if your commercial.
shite if your domestic
if no its £xxx
if yes its £xxx +20%.
Yea vat will only affect her as she will be paying extra 20%
you benifit if registered in the way of any vat you pay. I.e material fuel services you will get that 20%vat back every quater of tax year.
Vat reg is good if your commercial.
shite if your domestic
I would suggest not if he is asking this
user__removed
Private Member
I would suggest he doesn't even know how to write an invoice.
plasterjfe
Private Member
Apologies accepted
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Deleted member 23452
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If you're not VAT registered then telling a customer that VAT is included is a very bad idea. If HMRC got to know about it you would be reamed, they don't mess about or listen to excuses. Guilt of fraud is automatically presumed and you have to prove to their satisfaction that you are innocent.
It sounds to me like you need to do some reading and/or go on a course covering how to set up and run a business. Carry on in the way you are and it will end in tears. Although that may be not be tears you cry, but tears as in rips in your 4arse from the shafting you'll get from HMRC!
It sounds to me like you need to do some reading and/or go on a course covering how to set up and run a business. Carry on in the way you are and it will end in tears. Although that may be not be tears you cry, but tears as in rips in your 4arse from the shafting you'll get from HMRC!
Marshy
Private Member
Indeed and stupid questions deserve stupid answers!?? Can't believe half the stuff I've read on here latley mate. Especially the humdrum regard a certain make of trowel?? Its like plastering had just been invented!!?? I give up!:-(
superspread
Well-Known Member
:RpS_blushing:
puddove
Private Member
don't give up marshy have another drink :RpS_scared::RpS_thumbsup:
Robbieeast
Member
It's people like you that are ******* are trade up why don't ya **** off back to McDonald's were you belong
vfr12
MOTORC*NT
The invoice you give to the customer will tell everything . If you don't have a template, get one from your accounting. I am sure she/he will be happy to help . Actually this is where you should of start with , at the end of the year you will need one anyway. Work close with them to avoid any catastrophic moments at the end of the year.
I never mentioned V.AT she asked me if price included it, it didn't becauseI didn't think v.a.t was anything I needed to consider from what I've looked up I'm no way near thresehold only started as self employed few months ago.
D
Deleted member 23452
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So you told her it included VAT, but it doesn't. As I said, if HMRC get wind of you telling customers that VAT is included when you're not registered they will take your financial life apart. Ignorance is not a defence and at the very least you will be expected to cough up the 20% plus a fine. They will likely make the assumption that you've done that with all jobs.
What you need to do is get up to speed with running a business. I'm not being harsh, just calling it as it is. You clearly don't have a clue, and if you don't get one sharpish you'll end up in trouble.
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Deleted member 23452
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Same response people get when they ask if I can do it for cash without the VAT or an invoice. A lot of tradesmen moan about having to charge VAT and how it costs them business. Personally I've found it to be a good thing as it instantly weeds out people who can't afford the work they want doing.
Too dear? Can't afford it? Cry me a river. Ican't afford a super yacht and a private jet, and I don't get discount on my shopping because I think it's too dear.
BobbyJack
Well-Known Member
@BetterTAX might give you the brief 101 on the basics.
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User___removed
Well-Known Member
Omg ffs
theclemo
Private Member
No i would not. Cash is king.
Olican
Private Member
Long live the ££££s :RpS_thumbsup:
U need to value your skills. Anyone can put on skirting and architrave, build a block wall, paint, wiring isn't that hard either it's just knowledge.
But plastering - years of experience will only get u there and should be a short career. So phone him and tell him you made a mistake. It was £400 not £200
But plastering - years of experience will only get u there and should be a short career. So phone him and tell him you made a mistake. It was £400 not £200
nickelarse
Private Member
I had a lovely one a few yrs back. Monoed the front of a guys house. Was whatever it was + vat. He agrees price. Iv started and he goes do u want cash. I can go to the bank. I said oh no no i only do it legit (not). So off he goes and paid me the while lot plus vat cash. I was like erm. Ooookkkkk. ........ Never had that before or since.
mikeadams1985
Private Member
This whole cash thing grinds my gears. Why does the customer expect you to take the risk to save them money.
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Deleted member 23452
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What a load of b0ll0cks! Plastering is a skilled trade no different to the others, with the possible exception that when it goes wrong in plastering the wall or ceiling may look sh1t, but no one's going to die.
They all take years to gain a depth of knowledge and skill where you can claim to be a skilled tradesman. Equally they all (including plastering) can be picked up at a basic level in a matter of weeks.
Maybe one day people in the trades will realise that divide and conquer works well for keeping the rates and appreciation of all the trades down. Until tradesmen start valuing and appreciating the time and skill levels required in doing anything to a high standard it's pointless expecting a customer to put any value on them.
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