[Barts]

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

[Barts]

Thanks for the response.

im not saying I’m going to charge VAT yet, I just wondered if I had to show it on my estimates once I am registered and charging VAT, or if I could just show it as total cost inclusive of VAT, without a breakdown.

[Author]

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