Recent content by Iknoweverything

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    VAT implications on livery... anyone know?

    Hey Drssage babe, no unfortunatly i dont have a cushy job working for the inland revenue. Maybe i should apply for a job if you think i have what it takes . I was originally trying to help out the members as i have a bit of experiance in this field (excuse the pun) and was trying to advise...
  2. I

    VAT implications on livery... anyone know?

    i would also like to point out that if you have an option to tax on the land/property then you should also be charging VAT to your DIY customers. In fact you should be charging VAT on everything with the exception of feed (if this is not provided as part of your element of care) and grazing if...
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    VAT implications on livery... anyone know?

    [ QUOTE ] I had this conversation with my YO and he sais he does not have to charge vat on livery only if he provides services for us. [/ QUOTE ] Again this may not be right. Services as a part of the livery should be exempt unless there is an otion to tax, these services may include...
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    VAT implications on livery... anyone know?

    [ QUOTE ] We have talked to the VAT office - we have taken the option to tax. We have discussed the 80/20 split with the HMRC and it works for us. It is a very subjective area - everyone you speak to in HMRC plus all the accountants treat Vat slightly differently and it is up to each person...
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    VAT implications on livery... anyone know?

    [ QUOTE ] If you are VAT registered you have to charge livery on services provided - but not on stables and grazing - so no VAT for DIY. split your part and full livery into services provided (Vatable) and then provision of stable and grazing. I split 80/20 80% stable and grazing and...
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    VAT implications on livery... anyone know?

    [ QUOTE ] Hi Bosworth interesting you say that VAT isn't charged on DIY - i am DIY and charged....you seem to know your stuff, can you give me some amo to use on my YO. they are renown for getting every penny they can but if they aren't supposed to i'll gladly inform them [/ QUOTE ] It...
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