V.A.T

quattrokid · 25-08-09, 12:56 PM

WHY IS IT that when you buy something secondhand from a breaker you get charged VAT?

The VAT was already paid by the person buying the car from new

so yet AGAIN you get taxed twice.

poopcoupe · 25-08-09, 01:10 PM

ROBBING BASTARDS THATS WHY. I think the sheriff of Nottingham is to blame!!

ian20v · 25-08-09, 01:10 PM

I wonder could it have something to do with RIP OFF Britains

greedy tax man

Coxy · 25-08-09, 01:12 PM

Or it could be that they are turning over £60k a year so have to be VAT registered?

quattrokid · 25-08-09, 01:14 PM

Quote:

Originally Posted by Coxy

Or it could be that they are turning over £60k a year so have to be VAT registered?

.

ok so he could be putting on VAT to cover his own pocket then> we the customer pays not him

cheers easy then

spink · 25-08-09, 01:19 PM

the breaker would get strung up if he didn't charge the vat if he got caught.Happened to a bloke around here,he is a complete arsehole though so didn't really matter.

LYT4X · 25-08-09, 01:29 PM

VAT is not a scheme to help businesses profit from punters. If your turnover (not profit) exceeds the threshold - about £60k as mentioned - then you have to be part of the VAT scheme.

VAT is charged on goods and services supplied to any customer in the UK. The retailer then pays this collected VAT back to HM Revenue and Customs. HE DOESN'T PROFIT FROM THE VAT ELEMENT AT ALL.

VAT on second hand goods is a contentious issue and always has been. However, like most taxes, it isn't a level playing field and you don't have a right of reply. Look at stamp duty on a home. Last time somebody paid the stamp duty on a house purchase but the next buyer has to pay it too.

Inheritance tax is even worse as it attacks people when they have lost a loved one. Everything handed-down at death is taxed - even though it has all been taxed before.

Fuel tax is another one where you pay tax on already taxed goods.

You use tax-paid money (wages) to buy fuel. It costs pennies until fuel duty is slapped on it. The VAT is added on top as a percentage of the cost+duty. If you die with fuel in your car, it gets taxed again when your beneficiary receives the car.

All this so that a feckless government can spend YOUR money on things you don't want or can give it back to the feckers who don't want to work/contribute in the first place.

Isimmo · 25-08-09, 01:37 PM

Quote:

Originally Posted by LYT4X

VAT is not a scheme to help businesses profit from punters. If your turnover (not profit) exceeds the threshold - about £60k as mentioned - then you have to be part of the VAT scheme.

VAT is charged on goods and services supplied to any customer in the UK. The retailer then pays this collected VAT back to HM Revenue and Customs. HE DOESN'T PROFIT FROM THE VAT ELEMENT AT ALL.

Absolutely correct, we're VAT registered and basically act as a tax collector.... But provide our time collecting taxes for free....

spink · 25-08-09, 01:47 PM

Dont forget the benefits of being vat registered though,ie claiming back the VAT on just about everything you buy,business related or not (i am not saying you do but i know of people who do)

Emjay · 25-08-09, 02:26 PM

Quote:

Originally Posted by poopcoupe

ROBBING BASTARDS THATS WHY. I think the sheriff of Nottingham is to blame!!

you keep the good name of my hometown out of this.....

25-08-09, 01:10 PM	#2
poopcoupe 21 + 19 = OLD! Classic Audi Club Member Join Date: Sep 2008 Location: Saafend! Posts: 1,738	ROBBING BASTARDS THATS WHY. I think the sheriff of Nottingham is to blame!! __________________ audiless...........

25-08-09, 01:29 PM	#7
LYT4X Younger than JJ ! Classic Audi Club Member Join Date: Jun 2009 Location: Aberdeenshire Posts: 651	VAT is not a scheme to help businesses profit from punters. If your turnover (not profit) exceeds the threshold - about £60k as mentioned - then you have to be part of the VAT scheme. VAT is charged on goods and services supplied to any customer in the UK. The retailer then pays this collected VAT back to HM Revenue and Customs. HE DOESN'T PROFIT FROM THE VAT ELEMENT AT ALL. VAT on second hand goods is a contentious issue and always has been. However, like most taxes, it isn't a level playing field and you don't have a right of reply. Look at stamp duty on a home. Last time somebody paid the stamp duty on a house purchase but the next buyer has to pay it too. Inheritance tax is even worse as it attacks people when they have lost a loved one. Everything handed-down at death is taxed - even though it has all been taxed before. Fuel tax is another one where you pay tax on already taxed goods. You use tax-paid money (wages) to buy fuel. It costs pennies until fuel duty is slapped on it. The VAT is added on top as a percentage of the cost+duty. If you die with fuel in your car, it gets taxed again when your beneficiary receives the car. All this so that a feckless government can spend YOUR money on things you don't want or can give it back to the feckers who don't want to work/contribute in the first place. __________________ ________ John

25-08-09, 01:10 PM	#3
ian20v 4 ring whore! Classic Audi Club Member Join Date: Jan 2009 Location: Sticksville,dumfries and galloway Posts: 4,241	I wonder could it have something to do with RIP OFF Britains greedy tax man

25-08-09, 01:12 PM	#4
Coxy 4 Ring Mafia Classic Audi Club Member Join Date: Jul 2007 Location: on the side of a hill in Shropshire! Posts: 28,215	Or it could be that they are turning over £60k a year so have to be VAT registered?

25-08-09, 01:19 PM	#6
spink Senior Member Classic Audi Club Member Join Date: Dec 2007 Location: yorkshire Posts: 1,525	the breaker would get strung up if he didn't charge the vat if he got caught.Happened to a bloke around here,he is a complete arsehole though so didn't really matter.

25-08-09, 01:47 PM	#9
spink Senior Member Classic Audi Club Member Join Date: Dec 2007 Location: yorkshire Posts: 1,525	Dont forget the benefits of being vat registered though,ie claiming back the VAT on just about everything you buy,business related or not (i am not saying you do but i know of people who do)