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Should a quoted price include VAT

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  • 14-01-2007 12:45am
    #1
    Yorky
    Registered Users Posts: 1,485 ✭✭✭


    When a business quotes a price to an individual should the price be inclusive of VAT? I recently had an experience where a business verbally stated that all prices are 'ex-VAT' even though I had written confirmation of the price without any mention of VAT. I argued that all prices quoted to an individual should include any extras and the price quoted is the price you pay - is this correct?


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    #2
    smashey
    Registered Users Posts: 21,676 ✭✭✭✭smashey


    Yorky wrote:
    When a business quotes a price to an individual should the price be inclusive of VAT? I recently had an experience where a business verbally stated that all prices are 'ex-VAT' even though I had written confirmation of the price without any mention of VAT. I argued that all prices quoted to an individual should include any extras and the price quoted is the price you pay - is this correct?

    Generally speaking, most quotations would be subject to VAT. At the very least, they should make it clear on the quotation.


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    #3
    catch--22
    Registered Users Posts: 1,003 ✭✭✭catch--22


    But if you are a VAT registered business you don't have to pay VAT. Some businesses don't charge VAT at all since they might only deal directly with other businesses! In that case I can't see why they would include VAT on a quote since they are not going to charge it to you!


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    #4
    Yorky
    Registered Users Posts: 1,485 ✭✭✭Yorky


    I'm not a business - just an individual and the job was doen for me.


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    #5
    wyndham
    Registered Users Posts: 2,284 ✭✭✭wyndham


    Prices quoted must include VAT, where applicable, by law, unless explicitly stated that it is ex VAT.


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    #6
    whassupp2
    Closed Accounts Posts: 1,031 ✭✭✭whassupp2


    yes


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    #7
    mcaul
    Closed Accounts Posts: 1,493 ✭✭✭mcaul


    From ODCA website - www.odca.ie

    Goods are on sale in a shop and the prices displayed are not inclusive of VAT ?

    Under the Prices and Charges (Tax Inclusive Statement) Order, 1973 all prices, either displayed or quoted, should be tax inclusive.

    However, in certain shops, such as machinery Hire Shops, it may not be a breach of the Act to show tax-exclusive prices. This is because such shops are not exclusively aimed at consumers (i.e. they also deal with sales to particular trades).



    Other examples would be - Trade Paint stores, Electrical wholesale, Certain motor factors, Business Stationery outlets, Printers,


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    #8
    catch--22
    Registered Users Posts: 1,003 ✭✭✭catch--22


    Yorky wrote:
    the price quoted is the price you pay - is this correct?

    I'm sure T & C's apply and it would be seen as an invitation to treat and not hold!


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    #9
    bullrunner
    Closed Accounts Posts: 383 ✭✭bullrunner


    should invoices (eg for tv/broadband/gas/esb) display the amount of VAT that is charged?


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    #10
    jimmycrackcorm
    Registered Users Posts: 14,339 ✭✭✭✭jimmycrackcorm


    bullrunner wrote:
    should invoices (eg for tv/broadband/gas/esb) display the amount of VAT that is charged?

    Prices should either be inclusive of vat or clearly stated that they are vat exclusive and an invoice must include a vat breakdown. In the ops case he was told that the price was vat exclusive.


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