If i have no obligation to be VAT registered as my business turnover is under the VAT threshold - how come I am obliged to pay it to my suppliers? Surely even Homer Simpson can see that 'doh' this means that small business owners who have no need or desire to be VAT registered (increased charges to their customers, increased paperwork, accountacy costs etc) subsidise large companies who can claim it back anyway.
I am a bear of very little brain when it comes to accountancy, and no doubt am missing something key, but can I throw my rattle, dummy and blanket out of my pram and shout 'it's not fair'? I'd like to believe that one small voice can be the metaphorical beating buttefly wing that starts the hurricaine; but call me cynical I have a feeling that the government's response would be similar to the one I give my kids in such a situation ... 'life's not fair' or the ever popular 'tough!'
Being a grown up sucks!
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