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Did you know..

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Did you know..

Postby me on Fri Aug 28, 2009 9:15 pm

According to the wife, who at this moment is sitting some tax exams for work, shes doing VAT - i know but it keeps me in scooters - she recons that theres no VAT paid on crash helmets......

When you go into the shop to buy a new helmet - there not supposed to charge VAT on it...


Anyone know.
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Re: Did you know..

Postby MartinB on Fri Aug 28, 2009 9:26 pm

I remember MAG looking at this some time ago, but I can not remember the out come. If memory serves my correctly, its all about whether they are calssed as safety equipment, which I do not think they where - dispite being compulsary!
Would be worth checking up on though, but not confident of the out come. Unlikely the government would want to loose another tax raising item!!!!!!
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Re: Did you know..

Postby me on Sat Aug 29, 2009 9:00 am

No, she has just done the chapter again and a crash helmet is zero rated VAT. its supprising whats less that 15% certain items, but i bet you still get charged it.

Anyone else know.
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