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Vat question

HealthyWay · 2009-09-21 13:33:02

If I am not registered for VAT and therefore am paying VAT to a supplier for purchases does this mean that I do not need to charge VAT on any price I give to my customers?:confused:

21-09-2009 1:33pm

#1

HealthyWay

Closed Accounts Posts: 23 ✭

Join Date: September 2009

Posts: 19

If I am not registered for VAT and therefore am paying VAT to a supplier for purchases does this mean that I do not need to charge VAT on any price I give to my customers?

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Comments

#2 21-09-2009 1:53pm

dbran

Registered Users, Registered Users 2 Posts: 2,094 ✭✭✭

Join Date: October 2004

Posts: 2041

Hi

This is correct.

You are obliged to register for VAt if your turnover is greater then 37.5K for services or 75k for goods

Kind Regards

Dbran

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