Recent content by Alex MacDonald

  1. Alex MacDonald

    POR and VAT

    Any help much appreciated. I am a non VAT registered business and I am having trouble understanding something quite basic. If my customer sells product X for £1.19 and bought it for £0.68 do they make a 42% margin (1.19 - 0.68 = 0.51. 0.51/1.19 X 100 = 42%)? If so, why then does my...
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