RE: FN-FORUM Has anyone got a mail from these people...

date posted 16th July 2001 16:43

well, yes, of course, but I was making the assumption that _subject to
turnover limits in their individual case_ the transaction they are offering
_is_ VAT-able.

As a reminder to everyone, just because you are not presently VAT registered
does not mean you may not have to pay out the VAT you (didn't) collect to
the Customs & Excise people. What you pay and when depends on your turnover
and is retrospective, so clarify what you expect to do in advance and make
sure you charge appropriately. Frankly, any company doing business should
probably be registered for VAT if they are serious....

Alison

-----Original Message-----
From: [EMAIL REMOVED]
[EMAIL REMOVED] Behalf Of Ian Fenn
Sent: 16 July 2001 11:58
To: [EMAIL REMOVED]
Subject: RE: FN-FORUM Has anyone got a mail from these people...


At 11:25 16/07/2001 +0100, Alison wrote:
>Actually, they could also get done for VAT fraud. At the bottom it states
>"fee for notification of £85.00. VAT nil" but as they are providing a
>service (at an 'added' value) then the fee _is_ subject to VAT.

Not strictly true. They only need to charge VAT if they are VAT registered.
They probably aren't.

--
Ian Fenn
Liang ba shiah dz / Ai chu fong to, Chopstix Media Limited
http://www.chopstixmedia.com/

Today's fortune:

Confucius say: m25 go nowhere.



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