Quote:
Originally Posted by Manfap
For a business sales tax(VAT) is all reclaimable though.
|
The reclaimable part of vat (on things you buy for your company) is most of the time peanuts compared to paying the 21% vat on what you've sold... So... vat is not so nice at all.... in the end you always pay more then you can claim back... If you can claim more vat back then you pay... then you don't have a profitable business...