On Sun, 30 Nov 2008 20:32:41 +0000, Old Git
wrote:

On Sun, 30 Nov 2008 19:13:02 +0000, R D S wrote:

geoff wrote:
In message , Ron Lowe
writes
"Andy Burns" wrote in message
et...
gb wrote:

Last week I ordered some double glazing units £2060 inc VAT.

So what should I pay when I go pick them up next week ???

The price quoted, even thou it does say inc VAT, or at the new VAT
rate.

Depends on the "Tax Point" which can happen when they're
delivered/collected or earlier if they've already issued an invoice,
or you've paid a deposit.

Given that the price has been quoted inc VAT then there's no reason
that the supplier *has* to reduce the ex VAT price, but worth £43 to
ask if they can/will keep the net price the same and charge VAT at 15%.





Also, you need to consider whether they have already incurred expense
at the old VAT rate which they need to pass on.

If they were charged VAT on the bits at 17.5% then they claim that VAT
back at 17.5% on their VAT return - or am I missing something ?

No, thats right, it is a point which is confusing a lot of people though.
My other half suffered it the other day and mentioned it in a routine
visit to the accountant who by all accounts was scratching his head,
which is a worry TBH.


Not sure of the veracity of this guys post but on the face it looks
like a big blooper or as he says, a scam, trying to make a quick buck
before too many prople catch on.

http://groups.google.co.uk/group/alt...&q=currys+scam



Looking again, I think he probably has it wrong.