The Wholesale Forums - View Single Post - Being VAT registered and buying from a non VAT registered
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Old 11-09-2007, 07:01 AM   #5 (permalink)
greedyboy
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Quote:
Originally Posted by m!ke View Post
lol just think of it this way bal, you work for the vat man ,..you collect his vat, and in return he waves you vat on item/services you buy to run your biz,.
Think of it this way Mike, you earn interest on the money you collect from the VAT man and can boost your cash flow for up to 3 months and it only costs you the price of a stamp.

You can also obtain your assets and operating costs VAT free.

See, there are some benefits for working for the VAT man
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