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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

To not understand this calculation

28 replies

TheShellBeach · 17/11/2023 09:13

I've just asked a delivery company to move a three piece suite.

The quote was £50 + 9.5% VAT.

I accepted the quote and asked how to go about paying.

I've just had an email back saying "Just pay the driver the £65"

AIBU to think that 9.5% of 50 is 4.75? And therefore the amount payable is £54.75?

(Also - is VAT even 9.5%?)

OP posts:
friendlycat · 17/11/2023 09:54

BaronessEllarawrosaurus · 17/11/2023 09:40

I'm wondering if it's £50 + 9.5% surcharge (probably fuel) plus vat. That would be £65.70 so would make sense to say just give the driver £65

It's this.

TheShellBeach · 17/11/2023 10:25

He's just emailed me back to say it's £50 plus VAT (which comes to £60) plus the 9.5% fuel surcharge = £65.70.

So I'm getting a bargain.

OP posts:
MontyDonsBlueScarf · 17/11/2023 10:44

TheShellBeach · 17/11/2023 10:25

He's just emailed me back to say it's £50 plus VAT (which comes to £60) plus the 9.5% fuel surcharge = £65.70.

So I'm getting a bargain.

The figure is right but the explanation isn't, so no wonder you think it doesn't make sense. The fuel surcharge is technically a recharge and is also subject to 20% VAT. The calculation should be £50 plus 9.5% fuel surcharge, ie £54.75, plus VAT at 20% of £54.75. Total is £65.70.

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