sarodiabdullah
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Buying Decision

Buying Decision

COST    42.69 42.69   43.29
Vat    6.40 6.40   7.58
Gross   49.09 49.09   50.87
           
Net    45.22 45.53   45.53
Vat    6.78 7.97   7.97
Sale   52.00 53.50   53.50

On 31st Deember Cost price is 42.69. Vat rate is 15%.

If we buy on 01st January Price will increase 60p. i.e (42.69+0.60=43.29)

Also Vat rate is also changed to 17.5%.

Due to price increase is it benefit to buy before 31st December or not.

Business is registered for Vat, how much we can save or loose.

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31st Dec 2009 12:49

VAT irrelevant

Buy today before the price increase

 

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