"Official" Forum discussion with the Lindens!
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Pserendipity Daniels
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Join date: 21 Dec 2006
Posts: 8,839
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08-01-2008 08:37
From: Brenda Connolly Huh? Not referring to you of course, Brenda Pep (Contrary to your tag, I appreciate you provide very USEFUL drivel)
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Ciaran Laval
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Join date: 11 Mar 2007
Posts: 7,951
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08-01-2008 08:42
From: Pserendipity Daniels Any business that can make a reasonable claim to BE a business can register for VAT whatever its turnover.
Oh and you're incorrect on this point by the way. If all the goods and services you supply are exempt from VAT you cannot register for VAT. |
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Pserendipity Daniels
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Join date: 21 Dec 2006
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08-01-2008 08:52
From: Ciaran Laval Oh and you're incorrect on this point by the way. If all the goods and services you supply are exempt from VAT you cannot register for VAT. You are wrong again. There are exceptions. Pep (Maybe I should set up a VAT advisory business within SL?)
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Colette Meiji
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Join date: 25 Mar 2005
Posts: 15,556
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08-01-2008 08:55
The VAT is amazing in its complexity.
What is funny is that the original intent was to simplify taxes on goods and services.
Compared to the VAT a sales tax is incredibly straightforward.
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Pserendipity Daniels
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Join date: 21 Dec 2006
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08-01-2008 09:02
From: Colette Meiji The VAT is amazing in its complexity.
What is funny is that the original intent was to simplify taxes on goods and services.
Compared to the VAT a sales tax is incredibly straightforward. If you think this thread is intense you should have followed the argument about whether "Jaffa Cakes" were cakes or biscuits, as VAT treatment of the two categories differed! Pep (Biscuit man myself)
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2k Suisei
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Join date: 9 Nov 2006
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08-01-2008 09:22
What the hell is "Pep"?
Pep (and if you don't stop typing Pep at the end of your messages I'm going to kill you!!)
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Pserendipity Daniels
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Join date: 21 Dec 2006
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08-01-2008 09:29
From: 2k Suisei What the hell is "Pep"?
Pep (and if you don't stop typing Pep at the end of your messages I'm going to kill you!!) Another apology required in this thread? I am just being polite and putting my name at the end of my posting. If this is inappropriate then I apologise and shall desist immediately. I am known as Pep inworld because Pserendipity is long and difficult to type and I don't want anyone's digital sex organs to get worn out too quickly. Pep (Is 2k a more familiar version of "two thousand and forty eight"?)
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Colette Meiji
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Join date: 25 Mar 2005
Posts: 15,556
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08-01-2008 09:30
From: Pserendipity Daniels If you think this thread is intense you should have followed the argument about whether "Jaffa Cakes" were cakes or biscuits, as VAT treatment of the two categories differed!
Pep (Biscuit man myself) Nah this thread isn't intense. Just the VAT is complicated. I should have worn my "I survived the Spy-Bot thread" T shirt. |
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Ciaran Laval
Mostly Harmless
Join date: 11 Mar 2007
Posts: 7,951
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08-01-2008 09:31
From: Pserendipity Daniels You are wrong again. There are exceptions.
Pep (Maybe I should set up a VAT advisory business within SL?) No I'm not. If your business is an exempt business you cannot register for VAT, you were claiming any business could register for VAT, incorrect information. |
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Colette Meiji
Registered User
Join date: 25 Mar 2005
Posts: 15,556
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08-01-2008 09:31
From: 2k Suisei What the hell is "Pep"?
Pep (and if you don't stop typing Pep at the end of your messages I'm going to kill you!!) um 2k it looks a nickname for his first name Just like if you finished your posts with a 2K thats all. |
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Pserendipity Daniels
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Join date: 21 Dec 2006
Posts: 8,839
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08-01-2008 09:42
From: Ciaran Laval If your business is an exempt business you cannot register for VAT . . .snip Wrong again. One example of an exempt business that can register. "if you make supplies of finance or insurance services or of investment gold to customers in countries outside the European Community, you may register on a voluntary basis, in order to claim back any input tax you have paid in respect of these specified supplies. You are also able to recover input tax where your supply consists of insurance and finance services (including intermediary services) that are directly linked to the export of goods from within the EC to outside the EC, regardless of where the recipient of the supply is established." Pep (Exceptions to exceptions . . . )
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Ciaran Laval
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Join date: 11 Mar 2007
Posts: 7,951
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08-01-2008 09:54
From: Pserendipity Daniels Wrong again. One example of an exempt business that can register.
Pep (Exceptions to exceptions . . . ) And the first line of that piece you quoted was? The missing sentence? |
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Ciaran Laval
Mostly Harmless
Join date: 11 Mar 2007
Posts: 7,951
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08-01-2008 16:01
I see the mighty pep, the seeker of truth and justice has refused my challenge to provide the first sentence for the text he/she quoted, so I'll do it for them:
"If all your supplies are exempt, you will not be able to register for VAT"
Unsurprisingly the king of the snip doesn't want this fact to be known.
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Ann Launay
Neko-licious™
Join date: 8 Aug 2006
Posts: 7,893
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08-01-2008 16:46
Erm, shouldn't they fix the forums before inviting more people to come look at them like this?
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Congratulations and shame on you! You are a bit of a slut.
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Ciaran Laval
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Join date: 11 Mar 2007
Posts: 7,951
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08-01-2008 16:55
From: Ann Launay Erm, shouldn't they fix the forums before inviting more people to come look at them like this? You show us more pictures of you and we'll slow down our complaints, how's that for a compromise  |