dennis@home wrote:
"ad" wrote in message
...
On Nov 14, 10:08 am, "The Medway Handyman" davidno-spam-
wrote:


The only exception to that is if its an expensive item & the
customer is VAT
registered (I'm not). In that case I ask for cash from them, get
the item &
give them the change & the VAT receipt.

And I wonder how many 'small traders' charge VAT when they aren't
even registered for it ?.

Only the ones committing fraud.
Incidentally claiming VAT back on stuff that is not passed on to a
third party is also fraud.

The whole concept of VAT is that its the end user that pays.
It is illegal for a company to buy something, use it and then claim
the VAT back.
That means the VAT has not been paid and a fraud has taken place.

Dennis, we all know you are an idiot, but you have excelled yourself this
time.

A VAT registered trader offsets all of his input VAT against his output VAT
& gives the difference to HMRC. VAT on fuel, tools, heating, lighting, PPE
whatever is all input VAT and isn't passed on to anyone.


--
Dave - The Medway Handyman
www.medwayhandyman.co.uk