Reply To: Showing VAT on an estimate

Forum Categories GENERAL VAT DISCUSSIONS Showing VAT on an estimate Reply To: Showing VAT on an estimate

#55956
Barts
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