VAT reg

owls said:
You charge the builder 0% if it's new build, there are various other rates ie 5% on energy saving work ewi renders for instance there are different rates on churches etc too. It Tallys up in your books as if your claiming more than your charging you get refunded the difference. I've always found being vat registered works for us due to me having that many overheads to claim against and not doing to many domestic jobs and even then in the render game most are vat registered, so it's like for like.
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So owls the main contractor has Said its 0% vat on these flats so we cant charge him vat can we where he would offset it like bearbeef said? Doing 2 new builds for Keith in 2 weeks in silsden
 
Kitchy said:
So owls the main contractor has Said its 0% vat on these flats so we cant charge him vat can we where he would offset it like bearbeef said? Doing 2 new builds for Keith in 2 weeks in silsden
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You can't charge vat on new build. Your supplying the goods/service so it should be nett, unless you speak to whomever your working for, they might wish to claim it back as a favour to you to help your cashflow, but the emphasis should be on you as a vat registered service.
 
It's probably not that bad if you go ilkley way,before traffic builds, were in north Leeds at moment in alwoodley takes an hour to get there in a morn.
 
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