VAT on printed items


Katedesign

Katedesign

Well-Known Member
#21
One of our first VAT inspections (many years ago now) the VATman asked us what we were charging/not charging VAT on. We told him. He said, "Well, you know more about it than me!".
A decent printer should know what to charge VAT on.
 
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opalprint

New Member
#22
lol I can see that happening!
but its true too, you cant tell your customer that your're not sure whether there is vat on an item or not. You will look like you dont know your own business.
 
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opalprint

New Member
#24
One of our first VAT inspections (many years ago now) the VATman asked us what we were charging/not charging VAT on. We told him. He said, "Well, you know more about it than me!".
A decent printer should know what to charge VAT on.
What do you get asked during VAT inspections?
 
SWATTDesign

SWATTDesign

Member
#25
I can't understand why some print would incur VAT and others don't!?!? :icon_confused: I always thought VAT exemption was based on the thing being a nessecity to life - or maybe that's just the old 'yank' me lol
 
Minuteman Press

Minuteman Press

Active Member
#26
What do you get asked during VAT inspections?
Very straightforward - checks to make sure you understand the VAT categories, how you apply and account for it. We had one in 2012 - very smooth - very nice people. Interesting.
 
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opalprint

New Member
#27
Very straightforward - checks to make sure you understand the VAT categories, how you apply and account for it. We had one in 2012 - very smooth - very nice people. Interesting.
Lol, not often seen the description you used for tax people! but thats really good! :)
 
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opalprint

New Member
#28
I can't understand why some print would incur VAT and others don't!?!? :icon_confused: I always thought VAT exemption was based on the thing being a nessecity to life - or maybe that's just the old 'yank' me lol
As a rule, anything you would write on has to have VAT. leaflets are 0% rated, but if you have a table or space to write on, you have to charge VAT. if there is a perforation or a voucher, same thing, plus 20% vat.
You might be right about the "necessity" as leaflets are considered essential to promote businesses (maybe thats why they are 0% rated). You cant say that about business cards because they arent used to promote the business. Agin, booklets (list of services maybe to promote the business) they are 0% rated too.

Thats not that bad, we just try to follow what we think is right but in some industries, there are different percentages of tax that you have to add on, 20%, 7% etc etc.
 
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Colin Fox

New Member
#30
I think a leaflet is up to A4, any thing over is classed as a poster.
What about Menus? Call them menus and they are Vatable, call them price lists, which in theory they are, and then they are zero rated.
 
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