is p&p VATable
28 December 2006, 03:58 PM
#1
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is p&p VATable
i've just placed an internet order wich is delivered via royal snail
the site quotes a p&p price but this is then added to the ordered items before VAT is calculated
is this right? is this usual?
cheers
colin
the site quotes a p&p price but this is then added to the ordered items before VAT is calculated
is this right? is this usual?
cheers
colin
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28 December 2006, 04:32 PM
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post office dont charge VAT as stamps etc are not vatable (royal mail used to belog to government so what was the point?) even though they have a VAT number on the reciept to be used when they sell other products such as stationary that are vatable.
When a VAT registered company sells something it has to charge VAT on the total amount (except for books and certain types of fuel).
Got it?
When a VAT registered company sells something it has to charge VAT on the total amount (except for books and certain types of fuel).
Got it?
28 December 2006, 04:42 PM
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A VAT registered company should charge VAT on p/p but the company will no be able to claim any VAT back on the stamps.
Edit to add: but I am not certain if this applies if the goods themselves are VAT exempt.
Edit to add: but I am not certain if this applies if the goods themselves are VAT exempt.
Last edited by David Lock; 28 December 2006 at 04:48 PM.
28 December 2006, 04:54 PM
#11
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Originally Posted by David Lock
A VAT registered company should charge VAT on p/p but the company will no be able to claim any VAT back on the stamps.
Edit to add: but I am not certain if this applies if the goods themselves are VAT exempt.
Edit to add: but I am not certain if this applies if the goods themselves are VAT exempt.
28 December 2006, 05:49 PM
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Whenever i buy anything (i do IT purchasing) VAT is added to p&p - infact i wrote our backend systems and all the PO stuff is based on that being the case.
28 December 2006, 10:02 PM
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VAT is to be charged on postage even if it is zero rated goods being sent,VAT is charged on the service,that is why a lot of companies use couriers so that they can reclaim the VAT.
28 December 2006, 10:18 PM
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Originally Posted by Merv
VAT is to be charged on postage even if it is zero rated goods being sent,VAT is charged on the service,that is why a lot of companies use couriers so that they can reclaim the VAT.
Please contact your local VAT office before talking twaddle that could get other people in trouble.
Not sure you understand how VAT works with business??
I know these rules inside out!
