Supplier says they don’t allocate VAT what does that mean I have a simplified tax system is it convenient for me



The author posted a question in Business, Finance

Supplier says they don't allocate VAT what does that mean? I have a simplified tax system is it convenient for me? and got a better answer

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Response from 0[+++++]
If you are on the simplified tax system, you do not care whether your supplier works with or without VAT.Do not allocate VAT means only one thing - they are also simplified. You found each other.

Response from 0[+++++]
I also do not understand the phrase do not allocate VAT. He your supplier is either a VAT payer or a VAT non-payer. Payer - this means a taxpayer on this tax - he is obliged to pay it. If he is a VAT payer, he is obliged to include VAT in the sale price of the goods and give an invoice to the buyer - any buyer - regardless of whether he is a VAT payer or a VAT non-payer. It's true that recently there was kakuiee some changes - like, not a VAT payer can not give an invoice, but it's in my opinion has not yet entered into force, and then it's easier to act according to one procedure - stupidly put out an invoice and do not sort - polatelite or not a VAT payer of the one whom we put up. And if he is your supplier is not a VAT payer - then he does not charge you no VAT and does not give you an invoice. And what is to allocate - not allocate - I do not know. By the way, a few years ago, when engaged in Simplified 15, read that the taxpayer needs to receive invoices from the supplier - payer of VAT - like, the taxpayer takes the VAT as an expense - well, let him this VAT invoice from a supplier to confirm the invoice. True, in light of the changes mentioned above, this thing should be abolished.

Response from 0[+++++]
Yes, since you are on the simplified tax system. You do not care whether your suppliers allocate VAT or not. This phrase means that your supplier is not a VAT payer.

 

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