corsasport.co.uk
  Not logged in [Login - Register]  
You Are Not Registered Or Not Logged In  

Corsa Sport » Message Board » Off Day » Do you pay VAT on a mc donalds meal?


New Topic
New Poll 		  <<  1    2    3  >> Subscribe | Add to Favourites

You are not logged in and may not post or reply to messages. Please log in or create a new account or mail us about fixing an existing one - register@corsasport.co.uk

There are also many more features available when you are logged in such as private messages, buddy list, location services, post search and more.


Author Do you pay VAT on a mc donalds meal?
marklawton
Member
Registered: 24th Apr 05
Location: Pensby, Wirral Drives:Golf mk4 GTI
User status: Offline
9th Dec 10 at 17:34   View User's Profile U2U Member Reply With Quote
quote:
Originally posted by chrisritch
you dont pay VAT on royal mail either iirc


you will soon
shaunmods
Premium Member

Avatar

Registered: 12th Mar 07
Location: Glascote, Staffordshire
User status: Offline
9th Dec 10 at 17:37   View Garage View User's Profile U2U Member Reply With Quote
You don't pay vat on things which are 'necessities' do you?

Our maccy D's charges vat though
mattk
Member
Registered: 27th Feb 06
Location: St. Helens
User status: Offline
9th Dec 10 at 17:41   View User's Profile U2U Member Reply With Quote
just the recipt says

£4.77
£0.00
£4.77

its going in my folder anyway
Hammer
Member
Registered: 11th Feb 04
User status: Offline
9th Dec 10 at 17:47   View User's Profile U2U Member Reply With Quote
Should have let it go cold before you bought it
Steve
Premium Member

Avatar

Registered: 30th Mar 02
Location: Worcestershire Drives: Defender
User status: Offline
9th Dec 10 at 17:50   View Garage View User's Profile U2U Member Reply With Quote
how can people class paying 0% VAT on something as paying VAT
Hammer
Member
Registered: 11th Feb 04
User status: Offline
9th Dec 10 at 17:51   View User's Profile U2U Member Reply With Quote
There are things that are exempt and things that are zero rated, they're distinct.
ed
Member
Registered: 10th Sep 03
User status: Offline
9th Dec 10 at 17:53   View User's Profile U2U Member Reply With Quote
quote:
Originally posted by LiVe LeE
quote:
Originally posted by KerryP
Not VAT on MOT's


There is, its just that its rated at 0% as Ste says


The word pedantic springs to mind Sorry...
Steve
Premium Member

Avatar

Registered: 30th Mar 02
Location: Worcestershire Drives: Defender
User status: Offline
9th Dec 10 at 17:53   View Garage View User's Profile U2U Member Reply With Quote
either way you dont pay VAT on either
Steve
Premium Member

Avatar

Registered: 30th Mar 02
Location: Worcestershire Drives: Defender
User status: Offline
9th Dec 10 at 17:54   View Garage View User's Profile U2U Member Reply With Quote
on the subject i was under the impression you dont pay VAT on bread, might be wrong
Hammer
Member
Registered: 11th Feb 04
User status: Offline
9th Dec 10 at 17:55   View User's Profile U2U Member Reply With Quote
quote:
Originally posted by Steve
either way you dont pay VAT on either


If you sell zero-rated goods or services, they count as taxable supplies, but you don't add any VAT to your selling price because the VAT rate is 0 per cent.

If you sell goods or services that are exempt, you don't charge any VAT and they're not taxable supplies. This means that you won't normally be able to reclaim any of the VAT on your expenses.
Steve
Premium Member

Avatar

Registered: 30th Mar 02
Location: Worcestershire Drives: Defender
User status: Offline
9th Dec 10 at 17:57   View Garage View User's Profile U2U Member Reply With Quote
I dont see the difference between something being 0% VAT rated, or tax exempt, sorry.
Hammer
Member
Registered: 11th Feb 04
User status: Offline
9th Dec 10 at 17:59   View User's Profile U2U Member Reply With Quote
This is why you work with computers for a living mate.
Steve
Premium Member

Avatar

Registered: 30th Mar 02
Location: Worcestershire Drives: Defender
User status: Offline
9th Dec 10 at 18:00   View Garage View User's Profile U2U Member Reply With Quote
Yes im no accountant, my name isnt Fad
Hammer
Member
Registered: 11th Feb 04
User status: Offline
9th Dec 10 at 18:02   View User's Profile U2U Member Reply With Quote
You're an internet fad TBH.
Steve
Premium Member

Avatar

Registered: 30th Mar 02
Location: Worcestershire Drives: Defender
User status: Offline
9th Dec 10 at 18:02   View Garage View User's Profile U2U Member Reply With Quote
I can take HDR pics though
Marc
Member
Registered: 11th Aug 02
Location: York
User status: Offline
9th Dec 10 at 18:03   View User's Profile U2U Member Reply With Quote
quote:
Originally posted by Colin
You pay vat on everything

None on coffee
Ste
Premium Member

Avatar

Registered: 5th Mar 03
Location: Taif, Saudi Arabia
User status: Offline
9th Dec 10 at 18:34   View Garage View User's Profile U2U Member Reply With Quote
Marc, a cup of coffee is VAT rated 0% if it is made with tap water but if it is made with bottled water then the water element of it would be charged at 17.5% as bottled water is rated at 17.5%.

I would rather lose by a mile because i built my own car, than win by an inch because someone else built it for me.
Marc
Member
Registered: 11th Aug 02
Location: York
User status: Offline
9th Dec 10 at 18:37   View User's Profile U2U Member Reply With Quote
quote:
Originally posted by Ste W
Marc, a cup of coffee is VAT rated 0% if it is made with tap water but if it is made with bottled water then the water element of it would be charged at 17.5% as bottled water is rated at 17.5%.

I meant coffee, not a cup of!
Ste
Premium Member

Avatar

Registered: 5th Mar 03
Location: Taif, Saudi Arabia
User status: Offline
9th Dec 10 at 18:38   View Garage View User's Profile U2U Member Reply With Quote
In that case you do pay VAT on coffee. It isn't exempt from VAT

I would rather lose by a mile because i built my own car, than win by an inch because someone else built it for me.
Marc
Member
Registered: 11th Aug 02
Location: York
User status: Offline
9th Dec 10 at 18:41   View User's Profile U2U Member Reply With Quote
I sell it, we don't charge VAT on it.
Ste
Premium Member

Avatar

Registered: 5th Mar 03
Location: Taif, Saudi Arabia
User status: Offline
9th Dec 10 at 18:43   View Garage View User's Profile U2U Member Reply With Quote
You do. You charge 0% on it. unless you are not a VAT registered business.

I would rather lose by a mile because i built my own car, than win by an inch because someone else built it for me.
Steve
Premium Member

Avatar

Registered: 30th Mar 02
Location: Worcestershire Drives: Defender
User status: Offline
9th Dec 10 at 18:53   View Garage View User's Profile U2U Member Reply With Quote
im still confused as to the difference between charging 0% VAT and not charging VAT
Whittie
Member
Registered: 11th Aug 06
Location: North Wales Drives: BMW, Corsa & Fiat
User status: Offline
9th Dec 10 at 18:57   View User's Profile U2U Member Reply With Quote
quote:
Originally posted by Ste W
Vat is chargeable on EVERYTHING. Certain items are rated at 17.5%, some at 5% and some at 0%.


Services can be tax exempt iirc.
Mike
Organiser: North West and North Wales
Premium Member

Avatar

Registered: 20th May 06
Location: nr. Skipton, North Yorkshire
User status: Offline
9th Dec 10 at 18:58   View Garage View User's Profile U2U Member Reply With Quote
It's probably a bit of a get out clause for if they decide they want to start charging VAT on other things in future, things that are exempt can't be charged, but charging 0% means in future they can up that percentage, rather than changing the goal posts with exemptions, which would potentially have a bigger backlash.

[Edited on 09-12-2010 by Mike B]
Gary
Premium Member

Avatar

Registered: 22nd Nov 06
Location: West Yorkshire
User status: Offline
9th Dec 10 at 19:08   View Garage View User's Profile U2U Member Reply With Quote
quote:
Originally posted by Steve
im still confused as to the difference between charging 0% VAT and not charging VAT


With you on that one.

If you pay 0% of somthing then your not paying it.

Ste, stop being pedantic!

  <<  1    2    3  >>
New Topic
New Poll

Corsa Sport » Message Board » Off Day » Do you pay VAT on a mc donalds meal? 23 database queries in 0.1846681 seconds