1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

VAT Payments - A Bloody Stupid System

Discussion in 'General' started by Gareth Halfacree, 3 Aug 2020.

  1. Gareth Halfacree

    Gareth Halfacree WIIGII! Staff Administrator Super Moderator Moderator

    Joined:
    4 Dec 2007
    Posts:
    13,932
    Likes Received:
    2,906
    Hey, all I'm after here is for the person who spent the best part of a week telling me how capital-bolded wrong I was to admit that it was, in fact, they who were capital-bolded wrong.
     
  2. edzieba

    edzieba Virtual Realist

    Joined:
    14 Jan 2009
    Posts:
    3,909
    Likes Received:
    590
    The eternal forumite passtime:
    [​IMG]
     
  3. Gareth Halfacree

    Gareth Halfacree WIIGII! Staff Administrator Super Moderator Moderator

    Joined:
    4 Dec 2007
    Posts:
    13,932
    Likes Received:
    2,906
    It's funny, innit, how your lack of time to reply only seems to affect this thread, not the others you've opined upon since mid-Thursday - and how it took you longer to find that image and post it than to simply admit your mistake. (Though, I admit, going through any VAT returns you've made in the last few years and seeing how much money you've thrown away by not claiming raw materials could take longer...)
     
  4. bawjaws

    bawjaws Well-Known Member

    Joined:
    5 Dec 2010
    Posts:
    3,925
    Likes Received:
    645
    This is so childish.
     
    Pete J likes this.
  5. Pete J

    Pete J Employed scum

    Joined:
    28 Sep 2009
    Posts:
    6,115
    Likes Received:
    752
    I may have disagreed with you elsewhere, but in this you are correct.

    I will repeat that I admire anyone who has the patience for all this tax nonsense though. This level of bureaucracy is anathema to me.
     
  6. edzieba

    edzieba Virtual Realist

    Joined:
    14 Jan 2009
    Posts:
    3,909
    Likes Received:
    590
    I spent the last two pages flicking out casual replies to no avail. You're getting legislation citations and a simulated account breakdown, and that will take a few hours of work.
     
  7. Gareth Halfacree

    Gareth Halfacree WIIGII! Staff Administrator Super Moderator Moderator

    Joined:
    4 Dec 2007
    Posts:
    13,932
    Likes Received:
    2,906
    I look forward to it - especially as I've DuckDuckGo'd my little heart out, and I can find nothing that states you can't claim VAT back on raw material purchases but plenty stating the exact opposite.
     
  8. edzieba

    edzieba Virtual Realist

    Joined:
    14 Jan 2009
    Posts:
    3,909
    Likes Received:
    590
    Oh man, on top of the Relevant XKCD we've got a Relevant SMBC too!
    [​IMG]
     
  9. Pete J

    Pete J Employed scum

    Joined:
    28 Sep 2009
    Posts:
    6,115
    Likes Received:
    752
    Honestly, I'm kinda thinking that you chaps could've probably sorted out your tax paperwork for the year by now if you'd spent less time responding to each other, as intriguing as it's been!
     
    Last edited: 11 Aug 2020
  10. Mr_Mistoffelees

    Mr_Mistoffelees is not The Piper at The Gates of Dawn

    Joined:
    26 Aug 2014
    Posts:
    2,845
    Likes Received:
    916
    Post in wrong place.
     
    Last edited: 11 Aug 2020
  11. Gareth Halfacree

    Gareth Halfacree WIIGII! Staff Administrator Super Moderator Moderator

    Joined:
    4 Dec 2007
    Posts:
    13,932
    Likes Received:
    2,906
  12. wolfticket

    wolfticket Downwind from the bloodhounds

    Joined:
    19 Apr 2008
    Posts:
    3,151
    Likes Received:
    339
    bawjaws likes this.
  13. Gareth Halfacree

    Gareth Halfacree WIIGII! Staff Administrator Super Moderator Moderator

    Joined:
    4 Dec 2007
    Posts:
    13,932
    Likes Received:
    2,906
    I'm just after closure here - and if I'm actually wrong I'd really like to know so before I make the same mistake somewhere that matters, like on my filings to HMRC!
     
  14. bawjaws

    bawjaws Well-Known Member

    Joined:
    5 Dec 2010
    Posts:
    3,925
    Likes Received:
    645
    Yeah, exactly. This is just woefully childish.
     
  15. Gareth Halfacree

    Gareth Halfacree WIIGII! Staff Administrator Super Moderator Moderator

    Joined:
    4 Dec 2007
    Posts:
    13,932
    Likes Received:
    2,906
    You are welcome to your opinion.

    But seriously, all I want is to know whether I'm wrong or not. Everything I can find says I'm right, apart from whatever @edzieba's basing his posts on but has yet to share.
     
  16. bawjaws

    bawjaws Well-Known Member

    Joined:
    5 Dec 2010
    Posts:
    3,925
    Likes Received:
    645
    If he hasn't shared by now, do you think you tagging / nagging him every few days is going to change things?

    If you actually want to know if you are right or not, speak to a professional rather than an internet random. If you just want to get the last word in a forum argument, then I think you already have it.
     
  17. Gareth Halfacree

    Gareth Halfacree WIIGII! Staff Administrator Super Moderator Moderator

    Joined:
    4 Dec 2007
    Posts:
    13,932
    Likes Received:
    2,906
    The last he said (not counting pasting comics) was:
    Which sounds a lot t'me like he's working on a big update. I was just hoping, a week on, he might have something.
    Oh, I have - 's why I pay an accountant, innit.

    EDIT:
    Oh, before I forget, another fun thing to add to the "VAT is bloody stupid" pile.

    You need to apply for VAT as soon as you reach, or believe you will soon reach, the threshold. When you do, all invoices from that date forward need to include VAT. So far, so obvious.

    But you can't actually issue a VAT invoice until you're registered and have a VAT number.

    So, what do you do? You have to issue an invoice at 120% of the actual cost, wait for the VAT number to arrive - ten days and counting here - then cancel the invoice and reissue one at 100% of the cost with 20% VAT clearly marked. Like, that's HMRC's solution.

    I'm just hoping that my VAT number comes through before the end of the month, but there's no guarantee...
     
    Last edited: 13 Aug 2020
  18. bawjaws

    bawjaws Well-Known Member

    Joined:
    5 Dec 2010
    Posts:
    3,925
    Likes Received:
    645
    Marvellous, then go with what your accountant says and that'll tell you whether you were right or wrong regardless of whether Edz ever visits this thread again. As such, calling him out every few days seems unnecessary - unless of course your goal in doing so is merely to score points?
     
  19. Gareth Halfacree

    Gareth Halfacree WIIGII! Staff Administrator Super Moderator Moderator

    Joined:
    4 Dec 2007
    Posts:
    13,932
    Likes Received:
    2,906
    I rather think you'll find that was my first post to the thread since Monday, which was also the last time Ed posted - hardly "every few days."

    And no, my goal is to have @edzieba either share citations for his previous claims or confirm that he was mistaken. It's not about "point scoring," it's about people who make a habit of telling other people how wrong they are - and let's not pretend that's limited to this thread - but who are then apparently entirely unwilling to admit when they themselves are wrong.

    Personally, that's the behaviour I'd describe as childish - but, like I said, we're all entitled to our own opinions on that matter.

    Might I suggest you simply stop reading the thread, if it's harshing your calm?
     
  20. Gareth Halfacree

    Gareth Halfacree WIIGII! Staff Administrator Super Moderator Moderator

    Joined:
    4 Dec 2007
    Posts:
    13,932
    Likes Received:
    2,906
    upload_2020-8-17_11-15-5.png

    I can start invoicing again - huzzah!
     

Share This Page