Quizzes & Puzzles1 min ago
Paying Vat When You’re Not Vat Registered
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?
Answers
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.@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?