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Insane idea to avoid vat

  • 09-11-2009 12:20am
    #1
    Registered Users Posts: 418 ✭✭


    i owe about 1k in vat. if i want to avoid paying that i'd have to spend 5500 to get 21.5% off my vat bill which works out at about 1K which would cancel the charge out. is there anything else i can do with this 1k besides paying it back to the govt, i dont need 5 laptops for example or 12 iphones and i dont have the 5500 to be spending anyway but is there anything else i can do with the 1k like invest or give it to charity or sumthn/

    cheers


Comments

  • Registered Users, Registered Users 2 Posts: 910 ✭✭✭tombull82


    I can see this getting closed.:)


  • Registered Users, Registered Users 2 Posts: 1,355 ✭✭✭dyl10


    Could you buy a couple of your friends shopping for the rest of the year, in your name?


  • Registered Users, Registered Users 2 Posts: 1,316 ✭✭✭Reginald P. DuM


    Could you swallow 100000 cents and fall in a river?


  • Registered Users, Registered Users 2 Posts: 526 ✭✭✭betonit


    Why not just pay the vat and save 4500? Or else i could sell you some maggic beans, Im pretty sure theres vat on magic beans because of the magic portion as apposed to them bean classed as food????


  • Closed Accounts Posts: 2,091 ✭✭✭dearg lady


    Just pay it over to the Revenue. It was never your money to begin with, you were merely collecting VAT from your customers to pay over to revenue.


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  • Registered Users, Registered Users 2 Posts: 9,798 ✭✭✭Mr. Incognito


    You owe tax.

    Pay the tax.

    Do not look for tips for fraud here. It is illegal.

    Thread closed.

    Charter update- the next thread along this line will result in a ban.


This discussion has been closed.
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