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Charge fee & tax


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Maybe we should keep quiet....if an element of what we are claiming back off the bank is VAT, then maybe the banks could find a way of getting the liability for the refund of the VAT element put on the Governement.

 

Don't fancy our chances then! lol

 

However, be a really nice way of getting the IR interested if they think they've missed a trick...bank can hardly call it a service and NOT pay tax, surely....weeeeeee! lol

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Fortunately (or not) the great majority of bank charges are VAT exempt. See HMRC Notice 701/49 (August 2006) if you're having trouble sleeping and want to check up on it...

If in doubt read the

FAQs

 

If still in doubt - ask!

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