Recent content by prlocke

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    Claiming VAT - Chinese products based in the UK

    Yes, I am VAT registered. But rather than selling at £1000 + VAT (£1200) - which makes me uncompetitive to a consumer, I have to sell at £1000 (eg. £833 + £166 VAT).
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    Claiming VAT - Chinese products based in the UK

    I buy products for my customers from a Chinese supplier. Once purchased they dispatch directly from their UK warehouse to either me or my customers. They do not charge VAT, but I will have to pay HMRC VAT. After doing this, I am left with very little profit. I can't charge VAT to my customers as...