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papa_lazaroo · 24-11-08, 02:12 PM

It will on my income, I am registered at flat rate ( I invoise 17.5% but only pass on 11% instead of doing monthly VAT returns) It means on the months when I buy lots, I loose out on VAT I cannot claim back.

Any way, I'll be loosing 2.5% of my top line. Damned

24-11-08, 02:12 PM	#5
papa_lazaroo Member Join Date: Sep 2007 Location: Erdington, Birmingham Posts: 518	It will on my income, I am registered at flat rate ( I invoise 17.5% but only pass on 11% instead of doing monthly VAT returns) It means on the months when I buy lots, I loose out on VAT I cannot claim back. Any way, I'll be loosing 2.5% of my top line. Damned __________________ Caution: I Brake for Cake !