* Posts by austrianbanker

2 publicly visible posts • joined 19 Feb 2020

Auf wiedersehen, pet: UK Deutsche Bank contractors plan to leave rather than take 25% pay cut for IR35 – report

austrianbanker

What's the point to say that when this is an article about Deutsche Bank?

A VAT exempt entity, which cannot reclaim VAT.

Or NHS, which is also VAT exempt.

Do you pay VAT on top of the fee paid to your GP when you see him?

No. You pay no fee and no VAT. EXEMPT.

austrianbanker

Re: I currently collect £24k VAT

You are quite an expert in VAT aren't you.

Did it occur to you that the HMRC will not be paying back any VAT to a VAT exempt business.

Such as NHS and Financial Services.

So do tell us now who had the correct calculation?

Hint: it wasn't you.