Quizzes & Puzzles7 mins ago
New Garage Roof
4 Answers
Having a new garage roof fascia and sofits. Been quoted 1200 and 240 pounds vat 1240 in total.
Would you pay 1200 pounds in cash and get the roofer to waiver the 240 pounds vat.
Or pay the full amount 1240 pounds by cheque.
Thank you
Would you pay 1200 pounds in cash and get the roofer to waiver the 240 pounds vat.
Or pay the full amount 1240 pounds by cheque.
Thank you
Answers
I'd choose the first option if he was agreeable
09:19 Wed 30th Sep 2020
This is more difficult than it first seems. The Roofer will not keep the vat. He is collecting it for the Inland Revenue, so will still only receive £1200 for his work. . However, if he puts the job 'through the books' then he can claim back any VAT on materials costs. If the Roofer is amenable to cash, then I would pay him cash.