VAT Increase Due April 6th ....
#1
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VAT Increase Due April 6th ....
....... just leaked out from the Treasury ...... Osborne, yes that Mummies little rich boy, who YOU ALL voted for!!
Is going to announce VAT will be 25% from April 2013 onwards!!
Thanks to all the idiots who voted these bunch of clowns in!! I hope you are all happy! Don't say I didn't warn you that they would be absolute SH*TE!!!
Is going to announce VAT will be 25% from April 2013 onwards!!
Thanks to all the idiots who voted these bunch of clowns in!! I hope you are all happy! Don't say I didn't warn you that they would be absolute SH*TE!!!
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#23
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I'd raise VAT to 30%, 20% paid by the consumer, and 10% by the retailer, then abolish corporation tax. I'd like to see Starbucks and Amazon squirm then !
#25
At which point do you decide whether flat rate or standard cash is best way to go ?
I have been advised by one to stay standard VAT rate cash accounting and advised to go flat rate too
Sometimes I sell myself out (services) sometimes it is equipment plus installation, sometimes just equipment
I have been advised by one to stay standard VAT rate cash accounting and advised to go flat rate too
Sometimes I sell myself out (services) sometimes it is equipment plus installation, sometimes just equipment
#26
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Wrong !
I too am on the flat rate scheme because most of my expenses are non or low vat ( insurance, wages etc)
If they up the vat rate, although you will be collecting more from our customers (assuming you can pass it on) the flate rate will go up too and you will be paying more for your vat liable purchases.
I have been worse off each time due to the vat increases over the past few years.
I too am on the flat rate scheme because most of my expenses are non or low vat ( insurance, wages etc)
If they up the vat rate, although you will be collecting more from our customers (assuming you can pass it on) the flate rate will go up too and you will be paying more for your vat liable purchases.
I have been worse off each time due to the vat increases over the past few years.
#27
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Osborne seems to be practising the economic version of "route one football"
Devoid of any intellect, imagination, flair – in fact we may as well have the economy managed by Sam Allardyce
Devoid of any intellect, imagination, flair – in fact we may as well have the economy managed by Sam Allardyce
Last edited by hodgy0_2; 26 November 2012 at 07:19 PM.
#28
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At which point do you decide whether flat rate or standard cash is best way to go ?
I have been advised by one to stay standard VAT rate cash accounting and advised to go flat rate too
Sometimes I sell myself out (services) sometimes it is equipment plus installation, sometimes just equipment
I have been advised by one to stay standard VAT rate cash accounting and advised to go flat rate too
Sometimes I sell myself out (services) sometimes it is equipment plus installation, sometimes just equipment
The main advantage of the flat rate scheme is much simplified paperwork.
#29
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Wrong !
I too am on the flat rate scheme because most of my expenses are non or low vat ( insurance, wages etc)
If they up the vat rate, although you will be collecting more from our customers (assuming you can pass it on) the flate rate will go up too and you will be paying more for your vat liable purchases.
I have been worse off each time due to the vat increases over the past few years.
I too am on the flat rate scheme because most of my expenses are non or low vat ( insurance, wages etc)
If they up the vat rate, although you will be collecting more from our customers (assuming you can pass it on) the flate rate will go up too and you will be paying more for your vat liable purchases.
I have been worse off each time due to the vat increases over the past few years.