Poles Apart
Well-known member
- Messages
- 1,672
- Location
- Birmingham
Just had an email saying 20% VAT is being applied to payments this is shocking you'll pay £4 for a £20 job this is on top of a previous increase.
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I don't use it but it will be VAT added to their charges, seems very strange they're doing this now. They must have been VAT registered for a while.I think it might be 20 per cent of there fee they haven't made it very clear surely it can't be 20% of the amount that would be outrageous?
Maybe trying squeeze extra job in to cover the costs ?I'll wait for the email and see what the crack is I've got over 300 jobs on GC so no jumping ship for me.
It's HMRC that's applying this, they used to be exempt but not now.This is just another reason we won’t use theses firms they wait until you are committed to them then drop the bomb shell prices are going up and there is nothing you can do , we only accept cash, cheque, and bacs payment in my opinion the old wages are best .
Someone was posting on the other forum that a customer hadn’t paid them for Over a year but go cardless and a soft ware provider was saying they had paid then suddenly said they owed over a years money , and you are paying a monthly subscription for this rubbish , right rip off .
I have taken on 5 new jobs in the last few days so all good but I've dropped 3, the work will keep on coming in so I am not that bothered on the whole it's money in the bank hassle free with GCMaybe trying squeeze extra job in to cover the costs ?
If they're charging VAT that is payable to HMRC. They could only charge 20% on top of what they currently charge. Still getting a bit much though, my fees doubled in Feb ?I think it might be 20 per cent of there fee they haven't made it very clear surely it can't be 20% of the amount that would be outrageous?
I really fancied going GoCardless but this worried me, they had a lot of control. Glad I didn't, to be honest.This is just another reason we won’t use theses firms they wait until you are committed to them then drop the bomb shell prices are going up and there is nothing you can do , we only accept cash, cheque, and bacs payment in my opinion the old wages are best .
Someone was posting on the other forum that a customer hadn’t paid them for Over a year but go cardless and a soft ware provider was saying they had paid then suddenly said they owed over a years money , and you are paying a monthly subscription for this rubbish , right rip off .
Mate, if it helps, Squeegee are going to be implementing auto payment recorder for BACs payments. Using the new open banking software you can give the app access to read all incoming transactions and then assign them to the correct person. No idea about the details, you may need to manually assign each one to start so Squeegee knows, but it will make it a lot easier to keep track of payments when using Bacs, then simply remind those who flag as still owning. Just a thought if GoCardless taking the mic with new prices!If they're charging VAT that is payable to HMRC. They could only charge 20% on top of what they currently charge. Still getting a bit much though, my fees doubled in Feb ?
Good to see you back ? hope all has been and is good with you, mine are stupidly high now with 311 jobs and counting on GC some months my fees are over £80.If they're charging VAT that is payable to HMRC. They could only charge 20% on top of what they currently charge. Still getting a bit much though, my fees doubled in Feb ?
2 questions IG, will you offer Gocardless for new sign ups, and can you claim their fees back off the revenue?Good to see you back ? hope all has been and is good with you, mine are stupidly high now with 311 jobs and counting on GC some months my fees are over £80.
GC is all I offer to new sign ups unless they are retired and typically going to always be around what I offer won't change I would rather have the expense than mess on chasing payments every evening all new jobs are priced slightly higher to cover the increased fees, GC fees are an allowable expense so my total monthly fees go down as an expense2 questions IG, will you offer Gocardless for new sign ups, and can you claim their fees back off the revenue?
You would just claim the vat back so wouldn't affect you as much as the smaller business.They must of just registered for VAT . Glad i never used go cardless or id end up bankrupt
Bacs trasnfer / direct debitYou would just claim the vat back so wouldn't affect you as much as the smaller business.
What do you use for payment methods direct debit?