- MemberDecember 30, 2010 at 1:05 pm
Sorry John I must have explained that badly 😳 Point I was trying to make was that if a job was done for say£200 then a VAT registered signmaker would be charging £240 with the VAT, a registered company could claim the £40 VAT back meaning that the job still only cost them £200 but it would cost a non registered customer £240 to buy from a registered signmaker as they couldn’t claim anything back.
I was VAT registered when I first started and I’m not against it but it doesn’t seem to work for everyone, with what I was making, being able to claim back, the time it took to do it didn’t seem to be doing my business a lot of good. Maybe if I had been a bigger company or did a lot of other types of work it would have worked better for me. I can only comment on my own experiences and for me it didn’t seem to work to well.
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