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Old 02-07-2007, 02:58 PM   #1 (permalink)
Brian Turner
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Join Date: Dec 2003
Location: Near Inverness, Highlands, Scotland
Posts: 7,892
Default How to reduce VAT?

I'm getting a little annoyed at all the VAT I'm paying out - I always thought it'd be Corporation Tax I wouldn't like, but it seems like I'm actually paying out more in VAT.

I have a number of large UK clients I have to charge VAT to - but most of my service providers are either small UK companies/individuals or else US companies, so there's no VAT charged.

Of course, I guess I could try buying more services from VAT registered UK companies, but the likelihood is that this would also accelerate my costs, so I can't see a net gain.

Any suggestions on simple ways to reduce my VAT bill?
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