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No, if you provide a VAT number, in business to business transactions, companies will not normally charge VAT in the first place, so you don't pay it when you p
by physicsguy 2y ago
No, if you provide a VAT number, in business to business transactions, companies will not normally charge VAT in the first place, so you don't pay it when you purchase in many cases as a business.
However if you go into something aimed at consumers, and make a purchase, they're normally not set up for this, which is why you're able to reclaim when you have paid it.
- AnAfrican 2y agoThis may be an arrangement set up in some jurisdictions and probably widely used nowadays. The default (as in « the original setup ») is what i’ve described.