Donate SIGN UP

Paying Vat When You’re Not Vat Registered

Avatar Image
Theblip | 05:10 Tue 12th Dec 2023 | Business & Finance
8 Answers

When you're not VAT registered it always seems wrong to have to pay VAT to those that are VAT registered.  Any getting round this?

Gravatar

Answers

1 to 8 of 8rss feed

Best Answer

No best answer has yet been selected by Theblip. Once a best answer has been selected, it will be shown here.

For more on marking an answer as the "Best Answer", please visit our FAQ.

Do you mean your business is not Vat registered? 

You could move to a country that doesn'y levy VAT but there will be something else in place to pick your pocket wherever you go.

We all pay VAT whether we're in business or not. The VAT doesn't go to the person you're paying, anyway. It goes to the Treasury. 

In trade, you used to be able to pay cash with the VAT knocked off (off the radar, so to speak) but no one really wants cash now. You'll just have to pay it, I think

 

To all those who really don't want cash, please send all your unwanted cash to me to get rid of. (I promise not to flytip it anywhere.)

You can register voluntarily I think, and then claim it back. 

@maydup you can only "register voluntarily" if you are running a business yourself, not a member of the public. And if you do you also have to CHARGE VAT on your sales so unless all your customers are vat registered businesses, it's likely to be counter-productive.

Anyway, as for the point of the original question, it's a novel approach to be fair! Personally I don't fancy paying Income Tax, any getting round this?

yeah register hur hur hur

When you're not VAT registered it  seems absolutely right  have to pay VAT along with  those that are VAT registered.

ah... that is much better

it 'works' so that in a chain of 6, only one squodge of VAT gets to the gubmint ( the other 5 pass it on)

1 to 8 of 8rss feed

Do you know the answer?

Paying Vat When You’re Not Vat Registered

Answer Question >>