Thank you Jason
I did message you direct as I knew you would be the person to ask . Be good to talk if you want email me your phone number etc my email address is [email protected] or [email protected]
Thanks again Sally
Sadly not we explored this option and the SDTL would also apply if this could have been achieved . It’s tricky finding someone who has experience in the housbuilders clawback scheme
Hi
Thank you for the link much appreciated yes I have but it’s very confusing and ambiguous so to find someone who has experience to avoid and unintentional errors should be super helpful .
Ok it’s straight forward jewellery maker operating a vat registered business , I have been asked in this difficult financial time by customers if I will purchase there old jewellery , at the moment I don’t sell any second hand jewellery but it got me thinking maybe this could be another add on to my retail shop of new jewellery that I design and make … but obviously I won’t have purchase vat to reclaim and do I pay the full amount of vat on the total sale it makes s big difference on making the business decision if I loose the full 20% there would be very small margin in that case and not worth doing . But I know with some antiques etc you can operate a different vat scheme . So just asking to see if anyone has any experience with this
Hi
Thanks yes it residential we have asked our accountant and he is unsure so he trying to find out , I was hoping there might be a well versed professional on here who could point me in the right direction .
My answers
Thank you Jason
I did message you direct as I knew you would be the person to ask . Be good to talk if you want email me your phone number etc my email address is [email protected] or [email protected]
Thanks again Sally
Sadly not we explored this option and the SDTL would also apply if this could have been achieved . It’s tricky finding someone who has experience in the housbuilders clawback scheme
Hi
Thank you for the link much appreciated yes I have but it’s very confusing and ambiguous so to find someone who has experience to avoid and unintentional errors should be super helpful .
Ok it’s straight forward jewellery maker operating a vat registered business , I have been asked in this difficult financial time by customers if I will purchase there old jewellery , at the moment I don’t sell any second hand jewellery but it got me thinking maybe this could be another add on to my retail shop of new jewellery that I design and make … but obviously I won’t have purchase vat to reclaim and do I pay the full amount of vat on the total sale it makes s big difference on making the business decision if I loose the full 20% there would be very small margin in that case and not worth doing . But I know with some antiques etc you can operate a different vat scheme . So just asking to see if anyone has any experience with this
Hi
Thanks for this info will message you direct .
Hi
Thanks yes it residential we have asked our accountant and he is unsure so he trying to find out , I was hoping there might be a well versed professional on here who could point me in the right direction .