Date: 27-10-25  Time: 21:09 pm

Author Topic: benifits not.  (Read 5637 times)

locksmith

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Re: benifits not.
« Reply #25 on: 17 December 2015, 09:56:01 am »
I have a separate business premises so claim fa vat back for anything at home.
Yet I have to pay (sorry collect) hmrc a shed load of £'s every quarter. And if I dont give it to them on time I get fined!


I also pay NI  :b

taylor

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Re: benifits not.
« Reply #26 on: 17 December 2015, 09:36:36 pm »
I think I touched a bit of a nerve there with someone,   he must be taking the full range of benefits on offer and jealous someone else is trying to get a look in,     quick hide you family allowance books.    follow follow the yellow brick road please master can I have a brain. :rollin

unfazed

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Re: benifits not.
« Reply #27 on: 17 December 2015, 10:30:48 pm »
Quote
However I do believe that anyone who pays vat and taxes should be entitled to something if they are sick.

You don't pay VAT. Your customer does. As said earlier, you are just the unpaid tax collector ......

suppliersstill pay vat on some items they don't supply to customers, do they not? :eek

fazersharp

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Re: benifits not.
« Reply #28 on: 17 December 2015, 10:51:00 pm »
Quote
However I do believe that anyone who pays vat and taxes should be entitled to something if they are sick.

You don't pay VAT. Your customer does. As said earlier, you are just the unpaid tax collector ......

suppliersstill pay vat on some items they don't supply to customers, do they not? :eek
Yes but its on things that go towards the final end product in the end, as I am buying something with VAT added and turning it into something more valuable that the customer then pays the VAT on and I pay that (minus my VAT ) to the taxman. = unpaid tax collector

I buy a sheet of steel for £50 + VAT = an extra £10, which I will be claiming back I then bash it into the shape of  a fazer mud guard and sell it to you for £200 + Vat = an extra £40. So at the end of the Quarter or whatever it is, I will be sending the tax man £30 = the £40 I got off you minus the £10 I had to pay for the sheet of steel.