When my car was repaired in a local garage, it cost £100 for parts and £100 for labour.
would i pay £17.50 for parts only or do you have to pay an extra £17.50 for labour,
thank you for your answers
2007-03-12 05:13:25 · 8 answers · asked by ensanguining 1 in Business & Finance ➔ Taxes ➔ United Kingdom
You pay VAT on the lot unfortunately.
2007-03-12 05:18:04 · answer #1 · answered by Del Piero 10 7 · 0⤊ 0⤋
I'm not 100% sure what the VAT rates in the UK, but in Ireland there are 4 different VAT rates, the same principles apply in the UK, I am just not sure of the percentages.
You were probably charged 2 different rates, one rate for parts and a separate one for labour, which in Ireland is cheaper than the rate for parts. Usually before they arrive at your bill, they have already included VAT, unless you are in business yourself and are VAT registered, and you want to offset VAT paid against VAT to your customers..
Is this a question for homework??? just curious
2007-03-12 13:59:47 · answer #2 · answered by bee bee 6 · 0⤊ 0⤋
You will be charged VAT on parts and labour IF the local garage is VAT registered. It is most likely that they are.
2007-03-12 17:24:42 · answer #3 · answered by ~cathy~ 1 · 0⤊ 0⤋
Yes VAT is chargeable on both labour and materials.
2007-03-12 14:13:02 · answer #4 · answered by Anonymous · 0⤊ 0⤋
U pay on both and 1 problem more, if u claim it as a business expenxe, u can not
2007-03-12 12:22:17 · answer #5 · answered by iChrist 2 · 0⤊ 0⤋
sorry but you have to pay vat on all work and parts.......welcome to the joys of motoring
2007-03-12 12:23:00 · answer #6 · answered by homer-j 1 · 0⤊ 0⤋
you pay vat on both elements
so £35.00 total
2007-03-12 12:18:53 · answer #7 · answered by Pat 4 · 0⤊ 0⤋
Its all VATable.
2007-03-12 12:19:38 · answer #8 · answered by Well, said Alberto 6 · 0⤊ 0⤋