Could really do with this, please can someone help me out with a VAT free voucher code with Machine Mart...
Has anyone got a VAT free voucher code for Machine Mart ??
- Thread starter 76dilligaf
- Start date
How much
Member
- Location
- North East
I think it was only on the last weekend of last month and the first of this one
Deutzdx3
Member
Is it defo a machine mart item you need? I find them to be over priced for a lot of things and quality not as good as some non brands.
Yeh, a friend has one and he says its brilliant...
- Location
- Oxon
i might be thick but theirs no such thing as a vat free voucher? there will still be vat on it you can reclaim if your registered.
It would just be a 20% off the excluded vat price, then plus the vat on the discounted price
Foxcover
Member
i might be thick but theirs no such thing as a vat free voucher? there will still be vat on it you can reclaim if your registered.
It would just be a 20% off the excluded vat price, then plus the vat on the discounted price
Its VAT free if you’re not VAT registered but I think they do a discount for VAT’d businesses too.
- Location
- Oxon
sorry but it cant be vat free if they are registered for vat they have to charge it? its just a 20% discount. doesn't really matter if your claiming it back or not its still being paid one way or another?
- Location
- Wormingford, Essex
You're right, it's really just 20% off of the gross price, the equivalent of taking the vat off. You are still paying vat, which is why they say in the small print that if you are vat registered the saving is 16% (or something like that).
Just register your details with them and they will send you the offers when they do them.
- Location
- Suffolk
It'll be in the small print, described as a 'discount equivalent to the value if the VAT' or suchlike.
What's the actual thing you want to buy?
What's the actual thing you want to buy?
Foxcover
Member
Says on the leaflet you get 16% off if VAT registered
- Location
- Oxon
Goweresque
Member
- Location
- North Wilts
Surely the saving is the same whether you're vat registered or not? £120 item on the shelf = £100 net + £20 Vat. 'Vat Free' Promotion reduces that price on the shelf to £100, which is not a 20% saving its a 20/120*100 = 16.7% saving. If you're vat registered your net price has gone from £100 to £83.3 = 16.7% saving.
- Location
- Wormingford, Essex
Argue with machine mart not me!
How ever you look at it, if your not a vat registered business it's a worthwhile discount, particularly if you want to buy something big.
- Location
- Oxon
Now it's making sense?
- Location
- Lincolnshire
Its the same discount for everyone.
i might be thick but theirs no such thing as a vat free voucher? there will still be vat on it you can reclaim if your registered.
It would just be a 20% off the excluded vat price, then plus the vat on the discounted price
Yes you're right but that's how they put it, still it is a discount and that's what I'm after
You're right it is still worth while in the end....
- Location
- The Cotswolds
My presumption is they are working off the pre vat price. So £100. £100+20% is £120. So therefore if you remove the 20% that was applied to the £100 you are back at £100.
Hope that makes sense.
- Location
- Oxon
Yes but..
Net sales price is £100
100 - 20% is £16.67 giving you a new net sales amount of £83.33 but they still have to charge the vat on the net sales price so that brings it back to £100.
were as before it was £100 plus vat = £120 to pay
So its not vat free, but it is a 20% saving IF you are not vat registered, if your vat registered you will just get a 16.67% discount.
To the general public a vat free discount of 20% sounds better than 16.67%
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