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Showing content with the highest reputation on 12/20/20 in Posts

  1. 2 points
    it is like having a silent partner taking 20% of everything while adding absolutely nothing to your business and contributes nothing in the slightest apart from that paying VAT is great
  2. 1 point
    There is one bonus to being VAT registered.... Said no one EVER
  3. 1 point
    And don’t forget if you loose money on a car- the VAT man is not involved!!! ie you don’t get a VAT reduction on the loss. Not involved!!!
  4. 1 point
    Let’s put it this way, if I were a part timer running very close to the VAT threshold I’d damn well make sure I didn’t go over it.
  5. 1 point
    I agree, once you can one to turn up they are usually OK. Had a Rusky try to short change me few weeks back, paid 3k in cash all in scores. "No need to be counting, money all here my friend, bank count money" "Well I better make sure you haven't given me too much then" ....counted it thrice and was 60 quid light each time, I knew it would be light, just by the looks going between him and his wife. When I pulled him up, he got quite shirty, pulling faces, waving arms and raising his voice, the usual piss and wind. Pregnant pause until his wife magically pulled the missing dosh from out of her coat pocket. All this crap soured the deal for me somewhat, up to that point he was a brusky rusky but, knew his cars.