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 Post subject: Re: How come....
PostPosted: Mon Sep 15, 2014 1:10 am 
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Quote:
was the vat number on it tho?



yup


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 Post subject: Re: How come....
PostPosted: Mon Sep 15, 2014 12:32 pm 
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matty86 wrote:
Quote:
was the vat number on it tho?



yup


that makes it an Vat invoice then

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 Post subject: Re: How come....
PostPosted: Mon Sep 15, 2014 1:33 pm 
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Quote:
that makes it an Vat invoice then



No it doesn't because a vat invoice has to have certain things listed on it like the amount minus vat, the vat amount, and total.

VAT invoices: what they must show

If you are registered for VAT, then whenever you supply goods or services to someone else who is also registered for VAT you must give them a VAT invoice.

When a VAT invoice must be issued

If you are registered for VAT you must give any VAT-registered customers a VAT invoice for any standard-rated or reduced-rated goods or services you sell them.
If you are a retailer, you do not need to issue a VAT invoice or receipt unless your customer asks for one.
As a VAT-registered supplier, you may be liable to a fine if you do not issue a VAT invoice for a supply you have made when asked to do so by a VAT-registered customer.
There is a time limit within which VAT invoices must be issued - see the section in this guide on time limits for issuing VAT invoices.

What a VAT invoice must show

A VAT invoice must show:
an invoice number which is unique and follows on from the number of the previous invoice - if you spoil or cancel a serially numbered invoice, you must keep it to show to a VAT officer at your next VAT inspection
the seller's name or trading name, and address
the seller's VAT registration number
the invoice date
the time of supply (also known as tax point) if this is different from the invoice date - see below
the customer's name or trading name, and address
a description sufficient to identify the goods or services supplied to the customer
the rate of any cash discount
the total amount of VAT charged expressed in sterling
For each different type of item listed on the invoice, you must show:
the unit price or rate, excluding VAT
the quantity of goods or the extent of the services
the rate of VAT that applies to what's being sold
the total amount payable, excluding VAT
If you issue a VAT invoice that includes zero-rated or exempt goods or services, you must:
show clearly that there is no VAT payable on those goods or services
show the total of those values separately


Its really simple to understand i dont why you keep going on about it :roll:


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 Post subject: Re: How come....
PostPosted: Mon Sep 15, 2014 3:59 pm 
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you only have to show the vat separately if it's over a certain amount, it used to be something like £75.


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 Post subject: Re: How come....
PostPosted: Mon Sep 15, 2014 10:31 pm 
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The point is (and i used to write VAT invoices by the score) no proper business that is vat registered will have anything BUT a vat invoice pad, it wouldnt make sense, 1 thing HMRC like to see is numbered and consecutive invoice numbers, and anything done on a computer does it automatically, some customers would return invoices that didnt show subtotals, applicable VAT (and the rate) and the total payable, together of course, with a vat number, all nice and tidy

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 Post subject: Re: How come....
PostPosted: Mon Sep 15, 2014 10:35 pm 
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Quote:
The point is (and i used to write VAT invoices by the score) no proper business that is vat registered will have anything BUT a vat invoice pad, it wouldnt make sense, 1 thing HMRC like to see is numbered and consecutive invoice numbers, and anything done on a computer does it automatically, some customers would return invoices that didnt show subtotals, applicable VAT (and the rate) and the total payable, together of course, with a vat number, all nice and tidy



And i have not said they wouldn't.. i am sure most vat reg busines's would for there records etc.... but what i am saying is they dont technically have to if they dont want to! as long as the business getting the invoice isn't vat reg. Thats what your question was in the first plase :roll: i also run a separate business to taxi and have done for 11 years and write invoices up on a daily basis.


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 Post subject: Re: How come....
PostPosted: Tue Sep 16, 2014 8:11 pm 
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matty86 wrote:
Thats what your question was in the first plase



actually it wasnt about VAT at all


wannabeeahack wrote:
why is a driver hiring a car HC/PH not classed as self drive hire?

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 Post subject: Re: How come....
PostPosted: Tue Sep 16, 2014 10:19 pm 
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wannabeeahack wrote:
matty86 wrote:
Thats what your question was in the first plase



actually it wasnt about VAT at all


wannabeeahack wrote:
why is a driver hiring a car HC/PH not classed as self drive hire?




mute point.... if i give a punter a receipt on the back of a base business card, and the base is vat regd, shouldnt that fare be vat inclusive?

that question i was talking about


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 Post subject: Re: How come....
PostPosted: Wed Sep 17, 2014 1:04 am 
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matty86 wrote:
mute point.... if i give a punter a receipt on the back of a base business card, and the base is vat regd, shouldnt that fare be vat inclusive?

that question i was talking about


I think you meant "Moot" not "Mute", unless you actually meant silent.

But to answer your point, if the Driver is issuing the receipt, just using advertising stationery, the answer is no, so long as the driver is not VAT registered.

If the job is for the base and the money is passed to them in total, the answer is yes, as long as the base is VAT registered. (And then they need to pay you as an employee.)

If it is a small Office and not VAT registered, it is a no again.

So to recap, maybe no, maybe yes, maybe no.

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 Post subject: Re: How come....
PostPosted: Wed Sep 17, 2014 7:52 am 
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Sounding a bit like an undecided Scot there Chris... :D


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 Post subject: Re: How come....
PostPosted: Wed Sep 17, 2014 4:44 pm 
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roythebus wrote:
Sounding a bit like an undecided Scot there Chris... :D


10 pints of light and heavy should sort that then

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 Post subject: Re: How come....
PostPosted: Wed Sep 17, 2014 5:06 pm 
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wannabeeahack wrote:
roythebus wrote:
Sounding a bit like an undecided Scot there Chris... :D


10 pints of light and heavy should sort that then

I'll get right to the Black and Tan......

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