jaq C Posted April 1, 2022 Report Share Posted April 1, 2022 I recently sold my barge and was charged 10% commission by the mooring owner. I am ok with that charge but i have since been told that VAT should not have been levied as well. Can anyone give me an insight on this please. Link to comment Share on other sites More sharing options...
GUMPY Posted April 1, 2022 Report Share Posted April 1, 2022 If the moorings operator is vat registered then I would think that there should be vat on the 10% fee Link to comment Share on other sites More sharing options...
jonathanA Posted April 1, 2022 Report Share Posted April 1, 2022 I think if you've paid him and then he's coming after you for that VAT then I'd say tell him to shove it... Or perhaps a more reasoned view would be unless you have signed something that explicitly states commission is 10% excluding the vat I would be suggesting he absorbs the vat out of his commission he's still collecting 8.4% for naff all... Link to comment Share on other sites More sharing options...
robtheplod Posted April 1, 2022 Report Share Posted April 1, 2022 This practice leaves a nasty taste... what business is this of the mooring owner, unless i'm missing something? 1 Link to comment Share on other sites More sharing options...
MtB Posted April 1, 2022 Report Share Posted April 1, 2022 18 minutes ago, robtheplod said: unless i'm missing something? The OP knew about the charge in advance and was free to avoid it by taking his boat somewhere else to sell it. But he readily decided to sell his boat on the mooring and incur the charge. That's what you are missing. What business is it of yours what two people freely agree between them? Unless I'm missing something! 1 1 Link to comment Share on other sites More sharing options...
LadyG Posted April 1, 2022 Report Share Posted April 1, 2022 As he is asking you to pay more than 10% of what you received I'd say thats unfair. Better look at the contract, but I'd be digging my heels in. I'm not sure, but is he even correct, vatwise asking for 20% on top of the 10 %. Link to comment Share on other sites More sharing options...
magnetman Posted April 1, 2022 Report Share Posted April 1, 2022 (edited) Random guess is that the boat is in a BWML marina. Now known as "Aquavista". Transferable mooring which makes the boat worth more money (if it is is in London this is the case). So let's say Limehouse or Poplar dock. I don't understand why Aquavista allow moorings to be transferred and give the owner the money. It would seem to make better business sense to not do this. Maybe the 10% is a compromise or they are fearful of having empty moorings. Funny old game really. I Might have got it wrong. Edited April 1, 2022 by magnetman Link to comment Share on other sites More sharing options...
Alan de Enfield Posted April 1, 2022 Report Share Posted April 1, 2022 It is condition of contract in many marinas that you cannot sell from the Marina, if you do then you pay them a commission, (the rate will be in the contract) and being a business providing a service there will be VAT to be added. We had the same in our BWML marina, so we simply took it out if the marina, moored up 'on the side', sold the boat and job done. Link to comment Share on other sites More sharing options...
jaq C Posted April 1, 2022 Author Report Share Posted April 1, 2022 Thank you all for your answers..I guess I just have to pay the Vat. I knew it was 10 % but the vat came as a surprise . No service was utilised so i didn’t expect it. Link to comment Share on other sites More sharing options...
ditchcrawler Posted April 1, 2022 Report Share Posted April 1, 2022 1 hour ago, LadyG said: As he is asking you to pay more than 10% of what you received I'd say thats unfair. Better look at the contract, but I'd be digging my heels in. I'm not sure, but is he even correct, vatwise asking for 20% on top of the 10 %. If you sell in auction I think you will find they quote the percentage sellers premium and that is then plus vat Link to comment Share on other sites More sharing options...
Ianws Posted April 1, 2022 Report Share Posted April 1, 2022 I'd guess it depends on their terms in the contract. If it says 10 % plus vat then that's that. If it just says 10% then I would expect them to absorb the vat expense themselves. No expert, used to work in accounting 30 years ago. Perhaps members currently in business could advise. Link to comment Share on other sites More sharing options...
MtB Posted April 1, 2022 Report Share Posted April 1, 2022 21 minutes ago, Ianws said: I'd guess it depends on their terms in the contract. If it says 10 % plus vat then that's that. If it just says 10% then I would expect them to absorb the vat expense themselves. No expert, used to work in accounting 30 years ago. Perhaps members currently in business could advise. I agree exactly. Refer to the contract. If there is no written contract then whatever was verbally agreed applies, but proving what was agreed is bloody difficult. If no written contract the OP could probably refuse to pay the VAT and gamble on the likelihood of not being sued for it. Link to comment Share on other sites More sharing options...
Slow and Steady Posted April 2, 2022 Report Share Posted April 2, 2022 (edited) The practice of quoting ex-vat prices to the general public who obviously are not vat registered should be illegal IMO. ... and 10% commission is outrageous in the first place! I thought the 5% I paid was bad enough. Edited April 2, 2022 by Slow and Steady Link to comment Share on other sites More sharing options...
Alan de Enfield Posted April 2, 2022 Report Share Posted April 2, 2022 1 minute ago, Slow and Steady said: The practice of quoting ex-vat prices to the general public who obviously are not vat registered should be illegal IMO. Why ? Are you suggesting that the general public is incapable of asking 'does that include VAT' ? Link to comment Share on other sites More sharing options...
Slow and Steady Posted April 2, 2022 Report Share Posted April 2, 2022 Just now, Alan de Enfield said: Why ? Are you suggesting that the general public is incapable of asking 'does that include VAT' ? We shouldn't have to - when you ask for a quote you want to know what it will cost you, not want the quoter will earn. Link to comment Share on other sites More sharing options...
Hotspur Posted April 2, 2022 Report Share Posted April 2, 2022 18 minutes ago, Alan de Enfield said: Why ? Are you suggesting that the general public is incapable of asking 'does that include VAT' It has been written into legislation for decades now that where a price for goods or services is displayed or quoted to consumers then the price displayed/quoted must include VAT. In a business to business transaction stating plus the appropriate rate of VAT is allowed and is standard practice. 1 Link to comment Share on other sites More sharing options...
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