VAT
What it means.
(GBR) MediaSnackers has applied to be VAT registered.
This means three things:
-
there’s more forms to fill in—boo to forms
-
we’re making more money—a monumental thanks to all those who bought our services
-
we have to pay more money—the Revenue & Customs people are now our quarterly beneficiary
The final point above usually means a price rise as some companies pass this extra cost onto their clients / customers.
We’ve decided to try and get more work to offset this cost rather than bump the prices up.
We’re nice like that.
