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VAT Payments

Dan E

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  • Gold FFM

I am sure you all know but, If you are VAT registered and you pay by DD, you must cancel the DD otherwise they will take it in April! I never trust them f&*kers so pay mine by BACS. You do NOT have to pay it

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  • 5 months later...
  • Gold FFM

No I can't but this may assist:

It seems to only apply if you are CIS registered. 

I run a property maintenance business, 2 staff both PAYE, so I don't see that this affects my company. My accountants have made no mention of it.




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  • Gold FFM

It does only apply to CIS registered businesses.

Basically, if you employ a subcontractor you pay the VAT to HMRC and not the subcontractor. 

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