bilal19 started this topic @ 23:29 on 18/05/2006
Hello All
I v just started a new business and im not sure how the VAT system works, i want to know do you still charge customers VAT even if they are registered to VAT
RE: VAT
creacom | 19/05/2006 12:16 AM
Charging VAT depends on if you are registered for VAT and not if your customers are.
If you are then you charge VAT to every customer no matter if they are registered or not.
If you are not registered then you dont charge anyone VAT.
Hope that helps. See the HMCE website. They have excellent guides on there :
http://www.hmrc.gov.uk/
Jacqui
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