Freya
Well-known member
Im not quite sure where the problem is here. If you are a professional working photographer/Cinematographer then I would assume most of you work will be for companies and there for they can recover the VAT element of an invoice. The only time you are likely to be at a cost disadvantage is if you are working for an individual or non VAT registered business who cannot recover VAT and you may cost more than a non VAT registered supplier. Accounts have to be done anyway so a record of invoices send and received so its very easy to list VAT element of the invoice it takes seconds to do and listing invoices to be done anyway so its really not a problem. The only element of VAT that seems odd is Schools and colleges can't recover VAT.
Dave, you make a good point, regarding if you are mostly working with larger companies!!
That's another really important thing to consider.
Seems I've been given VERY bad advice on this subject! (lol! Go figure)
Really appreciate the advice from everyone here on this!
THANKS!
Freya