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Old 28-08-2007, 07:10 PM   #6 (permalink)
Brian Turner
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Join Date: Dec 2003
Location: Near Inverness, Highlands, Scotland
Posts: 7,891
Default Re: How to reduce VAT?

I think it's more a problem in that I'm charging VAT, so I end up with larger revenues than I'm actually receiving for P/L purposes. So I look at total revenues, think "cool", then see how much of it I'm losing to VAT payments, and it feels like I'm simply being taxed.

Really hate having to charge VAT to clients as well, especially as some sectors don't appear to be VAT applicable.
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