WTk V.A.T. Paying people

[ebonysweetness69]

So if i buy an item from VAT registered store, can my unregistered VAT business still charge VAT for the said item ?

sorry, but no, u can't, but u can raise ur selling price

[Ram]

Buzz.. you cannot charge someone VAT if you are not VAT registered.. it's against the LAW of the Land..

Only if your company is making 200K a year and can show proof of that, then you can become VAT registered.
And charge VAT to your Customers

[buzz]

Buzz.. you cannot charge someone VAT if you are not VAT registered.. it's against the LAW of the Land..

Only if your company is making 200K a year and can show proof of that, then you can become VAT registered.
And charge VAT to your Customers

well yeah thats how i know it to be

so only the circumstance where i'm representing or selling a product on behalf of another company can this be done ?

WRT to TSTT phone cards ?

[ebonysweetness69]

ram, please tell me why are businesses VAT reg'd?
according to u, it doesn't matter if u buy a ph card,(or anyother item that carries vat) from a vat reg'd place or not
then ALLLLLLLLLLLLL businesses should pay VAT.

[Ram]

have you ever purchase a phone card from a "hole in the wall place" if so could you tell me how much you paid for a $20 Bmobile phone card?

[Ram]

now "ebonysweetness69" dont get me wrong.. not everyone can charge vat.. my argument was with the phone cards... nun more...

[ebonysweetness69]

have you ever purchase a phone card from a "hole in the wall place" if so could you tell me how much you paid for a $20 Bmobile phone card?

u didnt ans my question

1st u look for the vat reg # (6 numbers) on the bill
then u look to see if the item is vatable or zero rated
tip: if u r vat reg'd i suggest u buy alllllllll ph cards from VIA
u will notice the VATreg # on the bottom & let an accounting firm do ur vat.

if u were talking to ph cards only, why r u arguing with me, i told u, u r correct all ph cards carry vat. i was talking about claiming vat. so idk y u start on me

[Ram]

"evonysweetness69" clearly we are out of point here... but i will not argue with you on Trinidad and Tobago taxes... clearly you know it all...