where does VAT go? - Page 2 - The Wholesale Forums
 
 
 
Home  |  Register  |  Members  |  Calendar
Welcome to The Wholesale Forums! All times are GMT +1. The time now is 01:08 AM.

Old 27-10-2009, 09:18 PM   #11
Beneddie1112
Community Member
 
Beneddie1112's Avatar
Beneddie1112 is offline

Join Date: Dec 2006
Location: Norfolk, UK
Posts: 2,668
iTrader: (5)
Thanks: 6
Thanked: 39 Times in 38 Posts

Default Re: where does VAT go?

It's only worth being VAT registered with revenue under 68k if you sell solely B2B.

Reply With Quote
Old 27-10-2009, 09:33 PM   #12
jamestyrer
Community Advertiser
 
jamestyrer's Avatar
jamestyrer is offline

Join Date: Apr 2009
Location: England
Posts: 1,243
iTrader: (2)
Thanks: 25
Thanked: 66 Times in 64 Posts

Default Re: where does VAT go?

Unless you sell zero rated products retail that is!

__________________
www.killerfashion.co.uk
www.looks4u.co.uk <===Now Online!!!
Reply With Quote
Old 28-10-2009, 04:34 PM   #13
cpc
Community Member
 
cpc's Avatar
cpc is offline

Join Date: Jan 2005
Location: Germany
Posts: 334
iTrader: (0)
Thanks: 15
Thanked: 15 Times in 13 Posts

Default Re: where does VAT go?

Wow you guy have it easy. Anything over 4000 Euro a year we have to register vat here in Germany. How do the government make money if they do not collect sell tax. Am I missing something in your system.


Last edited by cpc; 29-10-2009 at 05:11 PM..
Reply With Quote
Old 29-10-2009, 04:51 PM   #14
aaland38
Member
 
aaland38's Avatar
aaland38 is offline

Join Date: Jun 2009
Location: UK
Posts: 9
iTrader: (0)
Thanks: 0
Thanked: 0 Times in 0 Posts

Default Re: where does VAT go?

And the disadvantages? Every quarter working out what to send the VAT man, writing the cheque (lie down afterwards) and every so often a very depressing visit - they can check back as far as 5 years.

Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
VAT and Import Duty - Your Questions Answered malcolmk133 Import/Export, VAT/Tax and Legal Discussion 124 17-11-2009 08:43 PM
Nintendo Wii Console / Fit / Play / Remote / Nunchuk / Other Games and Accessories jakewright Games Consoles, Video Games, Entertainment Media and Accessories 25 02-04-2009 03:16 PM
No tax if an UK company earn less than 61k? soxsocis Import/Export, VAT/Tax and Legal Discussion 17 28-03-2009 02:01 PM
Publisher Write Down on SEGA Titles PS3 360 PS2 Wii PC IF DISTRIBUTION Games Consoles, Video Games, Entertainment Media and Accessories 4 19-02-2009 05:22 PM
Accountant? Inferno House Import/Export, VAT/Tax and Legal Discussion 38 17-10-2008 10:31 PM


All times are GMT +1. The time now is 01:08 AM.

Control Panel
Member Login:
Quick Navigation
Register
Advertising
FAQs
Member of the Month
Top Contributors
User Agreement
Contact Us
Advertisement
Member of the Month
TWF - Member of the Month AwardNovember 2009
PCDropship
Popular Discussions
Long Working Hours?
eBay/PayPal Phone No's
Taxable Profits?
Startup Checklist?
Amazon the new eBay?
Useful Articles
Qualify China Suppliers
Dealing with the Chinese
Sourcing Products Abroad
UK VAT and Import Duties
Approaching Wholesalers
Newsletters
TWF Newsletter - July 08
TWF Newsletter - June 08
TWF Newsletter - Nov 07
Archived Newsletters
Forum Guides
Leaving iTrader Feedback
Reporting a Post
Competitions
Business Article Writing 08
Fantasy Football 2008/9
Resources
The Wholesale Directory
Top  |  Profile  |  Calendar  |  Archive  |  Advertise  |  Contact
Our Network: Wholesale Forums  |  Wholesale Products and Suppliers Directory  |  Wholesale Business Blog and Resources  
Powered by vBulletin® Version 3.8.4 | Copyright © 2000 - 2009, Jelsoft Enterprises Ltd.
Search Engine Friendly URLs by vBSEO 3.2.0
© All Rights Reserved. The Wholesale Forums 2004-2009, All Rights Reserved.