Custom Bats Cricket Forum

Companies => Custom companies => Topic started by: gerhard303 on September 16, 2014, 12:39:43 PM

Title: VAT Registered?
Post by: gerhard303 on September 16, 2014, 12:39:43 PM
Paul from IJC recently posted a very tempting offer on H4L gear. As a sweetener, he mentioned that there is a 16.67% VAT exemption for buyers outside the UK. I'm told that H4L are VAT registered, but I am wondering which other brands/companies are VAT registered as well. Is it commonplace? Are the other forum sponsors eg Aldred, Blank Bats, Red Ink, B3 and Bulldog registered too and if so, are there VAT exemptions buyers outside the UK can take advantage of?
Title: Re: VAT Registered?
Post by: Blank Bats on September 16, 2014, 01:11:11 PM
Sorry not VAT registered as yet, but hopefully soon we may be.
Title: Re: VAT Registered?
Post by: parthnayak on September 17, 2014, 11:22:41 AM
I know for sure, B3 is VAT registered as I got that % off when I got my butterfly from them.
Title: Re: VAT Registered?
Post by: gerhard303 on October 01, 2014, 03:06:37 PM
Just read that Red Ink isn't VAT registered, so I thought best to update this thread to keep record.

custombats.co.uk/cbforum/index.php?topic=31942.30;topicseen
Title: Re: VAT Registered?
Post by: ItsJustCricket on October 01, 2014, 03:34:49 PM
Paul from IJC recently posted a very tempting offer on H4L gear. As a sweetener, he mentioned that there is a 16.67% VAT exemption for buyers outside the UK. I'm told that H4L are VAT registered, but I am wondering which other brands/companies are VAT registered as well. Is it commonplace? Are the other forum sponsors eg Aldred, Blank Bats, Red Ink, B3 and Bulldog registered too and if so, are there VAT exemptions buyers outside the UK can take advantage of?

H4L are VAT registered? This is news to me.  Last I heard they were only considering doing so, but hadn't gone through with it yet...  ???
Title: Re: VAT Registered?
Post by: ItsJustCricket on October 01, 2014, 03:35:39 PM
Paul from IJC recently posted a very tempting offer on H4L gear. As a sweetener, he mentioned that there is a 16.67% VAT exemption for buyers outside the UK. I'm told that H4L are VAT registered, but I am wondering which other brands/companies are VAT registered as well. Is it commonplace? Are the other forum sponsors eg Aldred, Blank Bats, Red Ink, B3 and Bulldog registered too and if so, are there VAT exemptions buyers outside the UK can take advantage of?

It's not buyers outside the UK, but buyers outside the EU.  A customer from, say, France still has to pay VAT.
Title: Re: VAT Registered?
Post by: Uzi Sports on October 01, 2014, 03:43:22 PM
we are VAT registered, and offer 16.67% VAT exemption for buyers outside the EU
Title: Re: VAT Registered?
Post by: plumb111 on October 01, 2014, 03:44:11 PM
not fair :(
Title: Re: VAT Registered?
Post by: Ayrtek Cricket on October 01, 2014, 03:48:29 PM
Why is it a 16.67% reduction rather than 20%?
Title: Re: VAT Registered?
Post by: Neon Cricket on October 01, 2014, 03:50:43 PM
VAT registration is a waste of time unless you deal largely with other VAT registered companies - for independent companies like H4L that sell the majority of their products direct to the public it would almost certainly end up in a loss of money (without a substantial price increase - maybe the November price rise is to incorporate this!).
Title: Re: VAT Registered?
Post by: JB on October 01, 2014, 04:01:04 PM
Why is it a 16.67% reduction rather than 20%?

You add 20% to the original price giving your total cost, if you took 20% off this you'd have less than you started with ie Product costs 100 + vat = 120. If you take 20% from 120 you are only left with 96.
Title: Re: VAT Registered?
Post by: iand123 on October 01, 2014, 04:05:21 PM
VAT registration is a waste of time unless you deal largely with other VAT registered companies - for independent companies like H4L that sell the majority of their products direct to the public it would almost certainly end up in a loss of money (without a substantial price increase - maybe the November price rise is to incorporate this!).

It is a requirement when you hit around £80k of yearly income via the business though
Title: Re: VAT Registered?
Post by: Neon Cricket on October 01, 2014, 04:14:32 PM
I fully understand that - for most the small cricket brands I can't imagine they get anywhere near it, saying that H4L must be getting close to that mark now - the bats are everywhere!
Title: Re: VAT Registered?
Post by: procricket on October 01, 2014, 05:12:56 PM
I know for sure, B3 is VAT registered as I got that % off when I got my butterfly from them.

Indeed we are mate...
Title: Re: VAT Registered?
Post by: GarrettJ on October 01, 2014, 05:25:15 PM
It's not buyers outside the UK, but buyers outside the EU.  A customer from, say, France still has to pay VAT.

Oh dear, sack your accountant
Title: Re: VAT Registered?
Post by: Silver Bullet on October 01, 2014, 05:49:01 PM
Can we update the first post with the status for all vendors ?
Title: Re: VAT Registered?
Post by: ItsJustCricket on October 02, 2014, 09:22:31 AM
Oh dear, sack your accountant

Care to explain why??
Title: Re: VAT Registered?
Post by: ItsJustCricket on October 02, 2014, 09:37:21 AM
Sorry not VAT registered as yet, but hopefully soon we may be.

Well, the overseas customers can at least enjoy their VAT savings on your kit by getting it through us...  ;)
Title: Re: VAT Registered?
Post by: smokem on October 02, 2014, 12:16:12 PM
Well, the overseas customers can at least enjoy their VAT savings on your kit by getting it through us...  ;)

Oh.... Hello... Do tell! :)
Title: Re: VAT Registered?
Post by: gerhard303 on October 02, 2014, 12:42:39 PM
It's not buyers outside the UK, but buyers outside the EU.  A customer from, say, France still has to pay VAT.

I stand corrected  :)
Title: Re: VAT Registered?
Post by: InternalTraining on October 02, 2014, 01:27:36 PM
Can anything be done about the shipping cost from UK? It is pretty high.
Title: Re: VAT Registered?
Post by: ItsJustCricket on October 02, 2014, 02:33:37 PM
Can anything be done about the shipping cost from UK? It is pretty high.

Well, our overseas shipping rates were reduced quite significantly a few weeks ago...
Title: Re: VAT Registered?
Post by: ItsJustCricket on October 02, 2014, 02:34:05 PM
Oh.... Hello... Do tell! :)

All in good time, Vincent...  :)