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View Full Version : VAT do we chagre onto customer??


bobterry
23rd March 2009, 19:04
If my company buys a product/service from a non vat registered company to resell onto our customer, and we are a vat registered company, do we then charge vat to the customer?

Jaydee
23rd March 2009, 19:11
Yes, unless the product/service itself is exempt.

David Griffiths
23rd March 2009, 19:13
And there are some special schemes for second hand goods where you only account for VAT on the margin, but these don't apply to new goods. It also means that you can't issue a VAT invoice to your customer.