Recent content by rory_way

  1. rory_way

    Best Value Way to Accept Online Payments

    Thanks you all for your responses. Matt, You raise some valid points which I had considered. The issue of refunds is something I haven't worked around as of yet. However I'm particularly interested in either setting up payments to the supplier and then getting monthly commission or using the...
  2. rory_way

    Best Value Way to Accept Online Payments

    Hi, I'm creating a comparison website (more of a quote gathering service) which will require customers to pay me, and then me to pay the suppliers. From which I will take a commission of say 5%. Payment via standard debit cards, mastercard & visa. Lets say sales are to be around £10,000 per...
  3. rory_way

    How to charge VAT on the service I offer

    I thought so, this is commission then as the customer pays the price quoted by the supplier and I will take a % of that. Thanks again for both of your help.
  4. rory_way

    How to charge VAT on the service I offer

    Ah ok. I see now, I just charge VAT on my commission. That's what I thought the correct way was. So I take the supplier quote (excl VAT) add my % and then add VAT to the whole thing. Thank you both for the clarification. Could you clarify one more thing; how exactly do a commission and a...
  5. rory_way

    How to charge VAT on the service I offer

    Yes I am taking the whole payment and passing the suppliers sum (minus commission) onto them. I assumed I would charge VAT, I just wanted to make sure I'd only be charging VAT on my commission and not the total value of the sale. So lets say the supplier costs the item as £100 incl VAT. I then...
  6. rory_way

    How to charge VAT on the service I offer

    I will be, and I want to know how it will affect my business. If I have to charge VAT on the whole lot (including the value of the sale) then it's considerably more than just charging VAT on 5% of the value, and is likely to make the idea null and void.
  7. rory_way

    How to charge VAT on the service I offer

    Thanks, I will do when I get one! Not far enough in the process to have one yet. Just to clarify; do you mean just to my % and not the total value?
  8. rory_way

    New design

    Hi there! I can give you advice on how to get your product developed (it's my business). Do you have a fully developed design (manufacturing drawings), if not you'll need a product designer to get your design in a fit state for production. Being a baby toy there are lots of rules and regs you...
  9. rory_way

    How to charge VAT on the service I offer

    Hello there, I'm looking at creating a quote gathering site, that will take a % cut on each payment. Do I just charge VAT on the % cut I take? I don't think it seems right that I would take the suppliers price (including VAT) and then add my %, and then VAT on the whole lot. Surely If I take...
  10. rory_way

    Comparison Website - Legislation

    Hi there, I am looking at creating a comparison type website, more of a quote gathering site as it's not an auto quoting system (yet). does anyone know of legislation regarding this? I will be receiving payment through the site (either internally or via an external site)). cheers, Rory
  11. rory_way

    Hello there, 1 business on the go & 1 coming soon

    Hi there! I'm a design engineer who has a consultant business offering product design services. I started a few months ago, I haven't yet really publicised it though as I'm in the middle of a contract. I also have an idea for a niche comparison type website which I'm currently seeking help...
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