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VAT payment

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Jachin



Joined: 05/02/2008
Posts: 99

Message Posted:
04/05/2008 16:44

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Message 1 of 9 in Discussion

I have just recieved another e-mail from my builder asking for the VAT. I refused the first time by stating that VAT was payable only on transfer of deeds. He now says that if I don't pay the VAT I will have to pay interest and penalties. Can anyone give me advice please.



David



brian24001


Joined: 23/03/2008
Posts: 606

Message Posted:
04/05/2008 16:54

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Message 2 of 9 in Discussion

Considering the KDV isn't his, you have to wonder what his problem is, and i'll bet he needs some cash!!

Our conveyancer says they always get the builder to pay their taxes before the purchaser, and I certainly wouldn't pay it to the builder, if he spends it, you'll have to pay it again!

Needs to be paid through your house conveyancer.



Jachin



Joined: 05/02/2008
Posts: 99

Message Posted:
04/05/2008 16:57

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Message 3 of 9 in Discussion

brian24001



Thanks for the infomation. Yes I think he is in need of funds . I will e-mail him and refuse again, and also contact my solicitor for more advice.

david



brian24001


Joined: 23/03/2008
Posts: 606

Message Posted:
04/05/2008 17:03

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Message 4 of 9 in Discussion

email both at once 'to' and 'cc' with all info on one mail then they can both see what's going on, if the sol replies only to you in your favour, forward on the reply to the builder.



witchfinder



Joined: 10/04/2008
Posts: 155

Message Posted:
04/05/2008 18:47

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Message 5 of 9 in Discussion

Hi Jachin,



Have you ever been taught to be cautious?



Jachin



Joined: 05/02/2008
Posts: 99

Message Posted:
04/05/2008 19:16

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Message 6 of 9 in Discussion

Hi Witchfinder,

Yes, at my initiation........etc



breezyboy


Joined: 14/05/2007
Posts: 1179

Message Posted:
04/05/2008 19:31

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Message 7 of 9 in Discussion

Hi Jachin,

Just to give you another solicitor's view which I received this week. The VAT office is allowing builders to collect the tax. Solicitors advice is you must obtain a factura fom the builder when you pay. I have told my builder he can collect the money from my solicitor to whom I have paid it but only with the correct documentation.



Jachin



Joined: 05/02/2008
Posts: 99

Message Posted:
04/05/2008 19:53

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Message 8 of 9 in Discussion

Thanks for that info. I have e-mailed my solicitor and am waiting for reply. May take weeks!



elko2



Joined: 24/07/2007
Posts: 4400

Message Posted:
04/05/2008 20:23

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Message 9 of 9 in Discussion

david,

Please see my post for an insight into this matter http://www.cyprus44.com/forums/2236.asp

ismet



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