VAT changes

[David]

Then the  chicken teak a 

[Rik]

 

[Sebby]

[David]

 

[g7pkf]

I have 


http://www.bose.co.uk/GB/en/home-entertainment/personal-audio/headphones/acoustic-noise-cancelling-headphones/index.jsp

More money than sense....


























Sorry thats what the wife said when i showed her the surrond sound system i wanted.  £3.5K

got told order it and you will be listening to it on your own, to which i pointed out i normally do as she hates surround sound and i always put it on when shes gone to bed (mainly to watch stargate). The look said it all!!!

[Rik]

 

Where are you sleeping tonight, Dean?

[David]

Move over Den 

[Ted]

Today i received an amended invoice from IDnet, reflecting the change in VAT.

So, the drinks are on me

Please form an orderly queue at the bar, any pushing and shoving and you'll be asked to get to the back.

[Lance]

i'll have a pint please!

[Ted]

i'll have a pint please!

On its way, by courier Pig  be with you soon

Cheers

[Rik]

i'll have a pint please!

That would be about a year of subs, wouldn't it?

[Sebby]

It would.

[Ted]

Offers over now, have a random beer related VIDEO anyway 

[Ann]

I paid IDnet a year in advance, so I appear to have missed out on the VAT decrease.  That's a bummer.

[Ted]

I paid IDnet a year in advance, so I appear to have missed out on the VAT decrease.  That's a bummer.

Give them a call Ann, I'm sure you'll be entitled to some sort of refund.

[Simon]

Give them a call Ann, I'm sure you'll be entitled to some sort of refund.

I'm not so sure of that.  Doesn't it go by the date of the invoice?  If IDNet have collected the full payment, and also the VAT at the 17.5% rate, they would have to pass that on to the Vatman at the rate they charged it, wouldn't they?

[Sebby]

It's a strange one - I'm not sure exactly what would happen. Indeed they would have already paid over the 17.5% collected...

[Simon]

I would have thought it the same as buying a product, in that if you bought something in November, you couldn't them claim a VAT rebate in December.

However, I'm only guessing, so it may still be worth a call to IDNet after the holiday.

[Ted]

I'd give them a call, it would seem a little harsh to lose out just because you were a good customer

[Lance]

There is something to do with the timing of the supply of the service, but i think the tax point of the invoice is the main point.

[Ann]

I don't think I'll complain to them about a few pence.. seems a bit petty.

[Sebby]

I don't think I'll complain to them about a few pence.. seems a bit petty.

You mentioned it.

[Ann]

So what?  Mentioning it here is different from complaining officially. 

[Simon]

It's an interesting point though, as it could apply to other things one has paid up front for, such as concert tickets, holidays, etc.

[Ted]

If this is correct, it would seem as if its up to the supplier what they do, i'm not sure

"For goods and services received or delivered after 1 December but paid or invoiced for using the old 17.5% rate before 1 December 2008, a company can either leave the VAT charged to the customer at 17.5% and account for that to HM Revenue & Customers (HMRC) or account for it at the new rate of 15% on the amounts already received or invoiced. Companies should issue a credit note and refund the difference to customers if they have already issued a VAT invoice showing the old rate of VAT. If they haven't issued a VAT invoice, the business can account to HMRC for the 15% and would normally be expected to refund the difference to the customer, assuming the VAT has been passed on."

you can never find an accountant when you want one.