just realised i'm being screwed over by my agency on VAT,
i set my 1st ltd up on this contract, i'm 8 months in secured an extension at the end of jan,
said agency run a self bill invoice system inclusive of VAT, but it has only just dawned on me that i'll be the one paying the VAT and the agency are claiming the VAT from the client co but not having to pay it to me (my ltd)
obviously realise that this is my fook up, but is there anything i can do to lessen / reduce the impact other then:
re-negotiate contract, read the contract properly etc etc
(
i set my 1st ltd up on this contract, i'm 8 months in secured an extension at the end of jan,
said agency run a self bill invoice system inclusive of VAT, but it has only just dawned on me that i'll be the one paying the VAT and the agency are claiming the VAT from the client co but not having to pay it to me (my ltd)
obviously realise that this is my fook up, but is there anything i can do to lessen / reduce the impact other then:
re-negotiate contract, read the contract properly etc etc
(
Comment