Forum Categories › GENERAL VAT DISCUSSIONS › Showing VAT on an estimate › Reply To: Showing VAT on an estimate
2 September 2019 at 22:42
#55956
Member
Thanks for your response.
when I say estimates, I mean for prospective jobs (quotes/tenders) not an estimate of my potential turnover in the future ?
so when i provide a customer with an estimate/quote/tender, do I need to legally show a VAT breakdown on it? Or can I simply show a total figure (inclusive of VAT)
eg
labour £120
total £120
or
labour £100
vat £20
total £120
i think people may look elsewhere if they think they are paying VAT and not getting anything for it