Hi All...
I have a bit of a situation with some builders who gave me a quote for a job stating 'Total for Works = £7000'. I accepted the quote and then 2 weeks later they asked for a holding deposit which was for '£500 + VAT' (because it clearly stated the VAT i was happy to pay this). It was agreed that they would start the job a few months after the deposit was paid and no further money was mentioned until 2 weeks before work commenced when they asked for 50% of the total cost + VAT' (less the holding deposit). Because the original 'Total for Works = £7000' quotation mentioned nothing about VAT having to be added, i believed this to be the total cost of the job and further read that legally the company HAS to stipulate in a quote if VAT is exclusive of the quoted price.
On challenging this with the company they informed me that they became VAT registered after the quotation was accepted and therefore have to add VAT to quoted price...
Can someone please shed some light on this as i feel they are trying to fleece me.
Many thanks
Leighski
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