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VAT reverse payments
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<blockquote data-quote="Sharpend" data-source="post: 487477" data-attributes="member: 17152"><p>Ok so having read the article I can see some major problems forthcoming, unless I’m missing something? </p><p></p><p>So a developer wants to do a project, asks builder for a price of works, a quote is done and accepted, the builder starts work completes work then after final payment had been made by developer the builder goes oh hold on you need to cover this payment which is the vat balance? </p><p></p><p>Developer says hold on John that’s not the figure you quoted for go take a walk, what now for builder? </p></blockquote><p></p>
[QUOTE="Sharpend, post: 487477, member: 17152"] Ok so having read the article I can see some major problems forthcoming, unless I’m missing something? So a developer wants to do a project, asks builder for a price of works, a quote is done and accepted, the builder starts work completes work then after final payment had been made by developer the builder goes oh hold on you need to cover this payment which is the vat balance? Developer says hold on John that’s not the figure you quoted for go take a walk, what now for builder? [/QUOTE]
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