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  • John Harding

    Member
    December 30, 2010 at 1:30 pm

    Martin

    quote :

    Your missing the point John I was trying to explain that everyone claims back the vat as a business expense in some way. In your example the client now claims £200 as his expense when the non registered client claims £220 as his expenses.

    Ok im no accountant but

    offsetting against tax isn’t the same as claiming VAT back which is almost instantaneous (every three months for me) and is 100% back of what you spend re the VAT bit

    John 😕