Reply to post: Re: If you're going to treat contractors as employees, kiss the VAT goodbye.

20% of UK businesses would rather axe their contractors than deal with IR35 – survey

Headley_Grange Silver badge

Re: If you're going to treat contractors as employees, kiss the VAT goodbye.

@sbt - I don't understand.

I bill my clients cost + VAT.

My clients pay me cost + VAT

I pay the VAT to HMRC

Clients claim the VAT back

HMRC has no net VAT from this transaction.

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